The numbers gameAs of Oct 31,2023, the Co's accumulated losses amounted to $89.8 million. The Co wrote off all exploration expenditures. There are no fixed mining assets. Working capital deficit is $773k. The deficit hole on the balance sheet is $379k. Technically, the Co is insolvent and bankrupt.
Having said that, MTX is simply being carried by Chuck who opened his check book to keep the lights on.
There is no proven mine or proof-of-reserves. The stock price seems to be push down for upcoming financing.
CD Will putter along until close of the next round of financing and the start of drilling.