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MTB Metals Corp V.MTB

Alternate Symbol(s):  MBYMF

MTB Metals Corp. is a Canadian mineral exploration company. The Company has six active projects spanning approximately 580 square kilometers in the prolific Golden Triangle of northern British Columbia. Its projects include Telegraph, American Creek, Red Cliff, BA property, Theia and Southmore. The Telegraph project is located in the vicinity of four porphyry deposits being advanced by mining companies: Galore (Teck / Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newcrest / Imperial Metals). The American Creek project is centered on the historic Mountain Boy silver mine. The project is road accessible and 20 kilometers (km) from the deep-water port of Stewart. Red Cliff is a past producing gold and copper mine in which the Company holds a 35% interest. The BA property is a silver-lead-zinc mineralization located approximately four km from the highway. The Southmore is in the midst of some of the deposits in the Golden Triangle.


TSXV:MTB - Post by User

Bullboard Posts
Comment by Power1on Jan 05, 2011 12:01pm
176 Views
Post# 17927609

RE: RE: JDM- Dewayne

RE: RE: JDM- DewayneLots of pumping there bud!

MTB is only a fragment of what investors get within their units.  Unit holders don't have a say in what stocks are bought and sold. 

As for Dwek, it is not their money invested in MTB.  They are responsible to unit holders and quite frankly will trade this thing without passion to meet investment/ fund objectives ns liquidity requirements.    If they have to liquidate shares at a loss to meet investor liquidity requirements they will.  Dwek doesn't lose money selling shares at a loss and again MTB is only a fraction of the partnership so investors may gain from other investments in the basket.  Unlike your investment in JNR, Dwek offers diversification within the partnership.

A fund manager at Sprott has a good philosophy on juniors.  It only takes one home run out of a basket of 10 to post a decent return. 

The story is a reality not old  but Dwek not totally responsible IMO. MGT...... Look at funding/capital structure and timing/price associated with same and lets through in some management compensation units as well.  That is the reason IMO for all the selling pressure and as I indicated before it will take time to work through.  The stock will be range bound without substantial buying of more stable hands.
Bullboard Posts