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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 HornbyBayon Mar 25, 2021 11:16am
149 Views
Post# 32875144

Behind the Scenes

Behind the ScenesToday (3/25), Questex announced a large placement with participation by Skeena.  The bigger players are looking to increase exposure in the GT ... and Metallis is in a prime spot with 100 percent ownership of Kirkham.  Behind the scenes, I'm sure Metallis' management is getting calls from the big boys.  It will be interesting to see if Metallis gets a good offer to help advance kirkham on someone else's dime.  IMO, Metallis is sitting pretty ... as clean a takeout target as you can get ... with tightly held shares not willing to capitulate.

Disclosure:  I own shares of Metallis, just my opinions, not investment advice.
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