$100 million and Two Decades Later
$100 million raised & peed down the far-flung holes of the World over two decades...Current exploration assets counting U2, Quebec, Morocco, Greenland, Angola, Ontario, Brazil etc. etc. are valued on the books for just $200,000. The stock price was at a high $5.00 - factoring in reverse splits - is now bouncing around at around a nickel. People had lost 99% of their money. U2 is dead, and the only game is in Quebec - touted as promising with diamond indicators train going into a frozen lake - has so far found nothing according to Chad...I think Chuck, as the largest creditor, should file for a Court Arrangement under CCAA and put this Company into bankruptcy and then take it private from the Receiver. MTX is virtually and effectively bankrupt. He would then own the whole shebang for what's worth and put everybody out of their misery.