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Montauk Metals Inc V.MTK

Alternate Symbol(s):  GAYGF

Montauk Metals Inc. is a Canada-based mineral exploration company. The Company is focused on seeking new exploration projects. Its subsidiaries include Galway Resources Vetas Holdco Ltd. (Cayman Islands), Galway Resources Vetas Holdco Ltd. and Sucursal Colombia and Galway Gold US Inc.


TSXV:MTK - Post by User

Bullboard Posts
Comment by Eaglegoldon Nov 18, 2015 5:47pm
167 Views
Post# 24302940

RE:volume question

RE:volume questionHi Andrew, No dark pools. No takeover sign behind every trade. All it takes to move this stock a penny or a penny and a half is for someone to hit the ask or sell to the bid. A large market order (such as happened a week or so ago) can push it to 10 cents. Then, a few sell orders and it is back down to 7 cents.

Small cap companies are often thinly traded. There has been no public announcements from this company since March when in a "few months" titles would be officially transferred. We all await the PR.

Patience is the name of the game. If anything major firms up in the background, there will trading in advance, as word always leaks out. No signs of anything special as yet.
Bullboard Posts