RE:RE:RE:RE:RE:WOW!You state the obvious - there is yet no PEA and no NI 43-101 compliant resource. What is your point? Do you think that stopped issuers such as Novo from breaking $7 last year? I'm not saying MTU will get anywhere near that level but ALL juniors, I repeat ALL juniors start at exactly the same point that MTU is in right now.
The exploration phase carries the largest risk yet also the largest reward. We all know that MTU has very high grade ore, the question is HOW MUCH is actually in the ground that can be shored up for a future resource base?
This stock was 5 times the current price at the peak of the last upswing in 2011 based on more or less what they currently have now. What do you think will happen as they start to find more gold as this current upswing in the gold bull market occurs? Bottom line is this stock is a lottery ticket, we just don't know whether it will be only a 5 bagger or something much larger.