MTB Metals Corp V.MTB

Alternate Symbol(s): MBYMF

Metals & Mining Industrial Metals & Minerals

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.

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MTB Metals Corp

Bullboard Posts

Comment by Power1on Jan 05, 2011 8:58pm

219 Views

Post# 17930679

RE: RE: MTB's Share Of The Silver Coin Project

Art,

I have to agree with you. In fact $50 maybe a little generous for oz's in M & I. I would discount it a notch further and suggest $30 represents fair value.

I like how certain readers gave your post a low rating. Nothing wrong being honest versus trying to pump.

I'm a little lost on peoples views about MTB being a JDN take out candidate. My thoughts are JDN will take out MTB's interests. Fair price will be whatever management can negotiate and I don't think it will be $30 an ounce. Nothing in historic transactions suggests to me this mgt group are good around the negotiation table.

Bullboard Posts

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