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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

Comment by NoMineron Feb 11, 2023 2:19pm
148 Views
Post# 35281538

RE:What next?

RE:What next?Yes SS, we all await the next PR, describing the results of the outstanding 2022 assays - it can't be much longer.

With the current MC less than $6MM for the total property, even if the news isn't particulary strong, it's hard to believe there is potentially much more downside - when we've got lots more good land, with potential gold, copper, silver, and of course nickel.

With this MC the SP is coiled so tight, when the good news eventually comes, it will take off like a rocket.

I know it is all speculation - but I believe common sense tells us the minerals are there, they just have to be found - just look at all of our close neighbours. 

Certainly it is frustrating and the waiting requires patience - but again, with today's $6MM MC, $60MM is a '10 bagger' - and I don't believe that it will be stopping at $60MM when it moves.

                                              IMHO                                  DYODD

         
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