Mammoth: NEW ATH!: Project Positioning & Resource definition
Mammoth closed at .115 yesterday and recorded a new all-time-high,
without news and
without any selling pressure!!!
(Everyone 'in' is apparently expecting gains in the near future)
Upcoming Catalysts in Q1/21 include:
$500,000 program to position project for resource drilling
3M. 50 hole 7,500 metre resource definition drill program
$5million spent on the project, including: 26 diamond drills holes
testingareas along a 4 km strike length to 150 m depth,
18 of which are potentially economical: 24.7m grading 4.0 g/t gold to 126.8m grading 0.52 g/t gold.
Mineralization appears amenable to low-cost open pit mining (abundant surface mineralization) and heapleaching processing (freegold)
Within weeks the shareprice will leave the lower .10 levels.
This is my favorite -near term profit- pick for 2021!!!
Happy and a prosperous New Year everyone.
HTG