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Metals Creek Resources Corp V.MEK

Alternate Symbol(s):  MCREF

Metals Creek Resources Corp. is a junior exploration company. The Company is engaged in the identification, acquisition, exploration and development of mineral resource properties, and has mining interests in Ontario and Newfoundland and Labrador and in the Yukon. The Company has a 50% interest in the OgdenGold Property from Newmont Corporation, including the former Naybob Gold mine, located six kilometers (km) south of Timmins, Ontario and has an eight km strike length of the prolific Porcupine-Destor Fault (P-DF). The Shabaqua property is located within the Shebandowan Greenstone Belt. The Tillex property is located in Currie Township near the township of Matheson in Northern Ontario with infrastructure. The Company has 148 claim units in two separate blocks in the Dawson Range gold district. The claim blocks are located in the Matson Creek area, 40 km north of Kinross’ White Gold property and Kaminak’s Coffee Project.


TSXV:MEK - Post by User

Bullboard Posts
Comment by 1705493on Mar 14, 2016 2:56pm
98 Views
Post# 24656662

RE:RE:RE:What I Found

RE:RE:RE:What I Found
Thanks Wolfie, that makes sense. From the time that Oban messed with Temex, its stock has steadily dropped. Not a lot of people have any confidence in them, it seems.

So who's going to own the whole ball of wax, west of Timmins?

I note that Tahoe resources bought out LSG and found this. https://www.bnn.ca/News/2016/2/8/Miner-Tahoe-Resources-to-buy-Lake-Shore-Gold-in-945-million-deal.aspx

I see also, where, Goldcorp, the largest miner by market cap had sold it's 25% stake in Tahoe Resources for a billion cash. https://www.bnn.ca/News/2015/6/16/Goldcorp-offloads-stake-in-Tahoe-Resources.aspx

So Tahoe owns LSG and Goldcorp has a a big stake in MEK.

Looks like it's a battle between Goldcorp and Tahoe.

All this maneouvering looks to be making MEK a big target.

Now, if only the price of gold would co-operate.
Bullboard Posts