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Metallis Resources Inc V.MTS

Alternate Symbol(s):  MTLFF

Metallis Resources Inc. is a Canada-based mineral exploration company. The Company is focused on the exploration of gold, copper, nickel, and silver at its 100%-owned Kirkham Property. The Kirkham Property covers approximately 106 square kilometers and is located about 65 kilometers (km) north of Stewart, British Columbia, in the heart of the Golden Triangle's prolific Eskay (Sulphurets) Camp. It is located along a strategic geological boundary on the western margin of the Eskay Rift system and is prospective for multiple mineral deposit types. The Kirkham Property is within 20 km of the past producing Eskay Creek mine while the eastern border is within 12 - 20 km of Seabridge Gold's KSM deposits and Newcrest Mining's producing Brucejack mine. The Company’s Greyhound Property is a gold/silver target in Idaho, United States. The Company’s Greyhound Property is located in Custer County, Idaho, approximately 42 km northwest of the town of Stanley.


TSXV:MTS - Post by User

Post by hisandloson Feb 17, 2021 11:25am
144 Views
Post# 32584583

ridiculously undervalued in comparison to others

ridiculously undervalued in comparison to othersMany people will view a jump from the mid .20 cents mark to the .40s  as a big jump and for those

lucky enough to buy at those levels I would agree it is a nice gain however when you start to 

consider what this company has done so far and has a market cap of $18 million dollars you

quickly realize that this should be trading at least 3 times that right here and right now.   I can

compare it to literally dozens of companies both around it and in completely different areas where

many do not have 5% of the exploration work done that Metallis has and are being valued at

extremely high market caps.   Look at some of the exploration companies in the red hot

Newfoundland region like a Sokoman,  Labrador,  K9,  Exploits  etc etc etc  and you soon realize

just how low the shareprice is and the only reason for it is because of the low share float and lack

of trading.    Easily I would say one of the most undervalued precious metal companies considering

everything they have.   I would imagine that with upcoming assay results in the next few days we

will see this up to between a dollar and a dollar fifty in  a heartbeat and like I said before that is just

for starters. 
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