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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 15, 2016 12:09am
114 Views
Post# 24658436

RE:RE:So with these billion dollar deals,

RE:RE:So with these billion dollar deals,
Yes, it seems to me that the new strategy for Goldcorp is not to expand for long term but generate cash, short term for as fast as possible. To me, that may mean that they anticipate lower gold prices.

Tahoe, on the other hand may be antcipating higher prices and is willing to bet on that scenario as a long strategy.

The big question is, what happens to our ambitions if TRUMP wins? Right now, gold has gone up big time in terms of our dollar. But if the US dollar tanks over Trump, we will get the shaft price wise.
Bullboard Posts