Mammoth Resources Corp V.MTH

Alternate Symbol(s): MMMRF

Metals & Mining Gold

Mammoth Resources Corp. is a Canada-based precious metal mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company holds a 100% interest (subject to a 2% net smelter royalty purchasable anytime within two years from commencement of commercial production) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The Tenoriba property is comprised of four concessions: Mapy, Mapy 2, Mapy 3 and Fernanda. It is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above average potential for economic concentrations of precious metals mineralization.

TSXV:MTH - Post by User

Mammoth Resources Corp

Bullboard Posts

Post by scissors14on Jul 18, 2016 5:14pm

113 Views

Post# 25063098

US Global Investors Fund Buys Over 10% of MTH

A form 4 dated July 8th that is posted on SEDAR shows US Global Investors Special Opportunities Fund now owns over 10.3% of Mammoth (representing over 4.8 million shares). Looks like property payments and share issuances were completed before the due date of June 30th. And a press release today reiterates that audited financials will be out before the end of this month. Volume has picked up in the past few days. Frank Holmes and Co. at US Global don't buy in for pennies. Expect promotion to begin sometime after the MCTO is lifted and then a financing at much higher share levels? This thing could have legs!

Bullboard Posts

Eminent acquires promising Nevada gold project