A very strong bottom for many mining companies. No different for MTO. Do not be cheated selling your shares of MTO at a loss. I had bought several hundred thousand at levels of 9 to 12 cents. I got scarred off at 5 cents and sold off a couple years back. We are near the same levels in the stock price once again...factor in the 10:1 split. 
This time gold price is a couple hundred bucks higher , MTO is sinking a ramp into the Barry or body for some "test material"...not the original 10,000 tons but 5 times that....50,000 tons. This will likely lead to the new mine and expanding mill.
MTO has new wealthy owners that back management' vision. MTO has a vast compliment of exploration drills coring into known gold bearing zones producing a wealth of information that is building new ore outlines for the development planners. What we now see are the achievements and growing success of MTO investments. Going forward we will hear of the new MRI results built by the resource geologist computer models and likely a new mine or 2 will open along with mill expansion.
Anyone with half a brain of investment experience knows these have been devastating times for gold investors world wide. In my opinion this is a bottom for MTO and likely the best time to begin requiring shares.