Management's goals & my goals are alignedConsidering that Alamos owns 20% of MTU and their properties are near each other, it doesn't take a rocket scientist to predict that MTU will one day be acquired by Alamos. Management's aims are not to build a mine but rather explore the land and crank out a maiden resource and a PEA. Alamos will sit back, let MTU do the heavy lifting and then (hopefully) the results warrant a buy-out with a tidy premium.
I am content to sit back and just see how well this all plays out and look forward to being a future Alamos shareholder. MTU does have quite a few properties to explore, so I hope that their work with GoldSpot will allow them to focus on the most prospective properties to present the best case for a future buyout. They have shown a propensity for high-grade strikes, so I expect the value of MTU will only increase further the longer this bull market in precious metals progresses.