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Montero Mining and Exploration Ltd V.MON

Alternate Symbol(s):  MXTRF

Montero Mining and Exploration Ltd. is a Canada-based mineral exploration and development company focused on making mineral discoveries in Chile. The Company's Avispa Copper-Molybdenum Project (Avispa Project) is located in the Atacama region of northern Chile, west of the town of Calama and 220 kilometers north-east of Antofagasta, Chile's largest commercial deep-water port. The project is connected by asphalt road to the ports of Tocopilla and Antofagasta. The Company has approximately 459 square kilometers of exploration mining concessions in an almost contiguous area south of the main highway between Calama and Tocopilla. It is involved in an international arbitration dispute for compensation for the expropriation of a Wigu Hill rare earth element project in Tanzania and against the government of Tanzania.


TSXV:MON - Post by User

Comment by snoppy11on Jan 07, 2018 2:25pm
93 Views
Post# 27301079

RE:RE:Base price set

RE:RE:Base price set
from what I re-read about the last PR is December 6th when we previously received results is that they are continuing to pursue this and have sent more samples away to be tested so they can decide to start drilling. I believe it takes anywhere from 4 to 6 weeks to receive results. This would have also been interrupted with the holiday break I'm sure. I would think that results should be release soon enough, patience will be key. I believe the market has been showing that over the last week as not many people have been trading and are waiting for results to happen. No insider shares have been sold either, so this is a positive sign also. Snoppy11
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