Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

MTB Metals Corp V.MTB

Alternate Symbol(s):  MBYMF

MTB Metals Corp. is a Canadian mineral exploration company. The Company has six active projects spanning approximately 580 square kilometers in the prolific Golden Triangle of northern British Columbia. Its projects include Telegraph, American Creek, Red Cliff, BA property, Theia and Southmore. The Telegraph project is located in the vicinity of four porphyry deposits being advanced by mining companies: Galore (Teck / Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newcrest / Imperial Metals). The American Creek project is centered on the historic Mountain Boy silver mine. The project is road accessible and 20 kilometers (km) from the deep-water port of Stewart. Red Cliff is a past producing gold and copper mine in which the Company holds a 35% interest. The BA property is a silver-lead-zinc mineralization located approximately four km from the highway. The Southmore is in the midst of some of the deposits in the Golden Triangle.


TSXV:MTB - Post by User

Comment by shawshank666on Dec 02, 2023 10:32am
146 Views
Post# 35765049

RE:Ross Beaty buys MTB's Surprise Creek Property for $1 million

RE:Ross Beaty buys MTB's Surprise Creek Property for $1 millionThis doesn't make sense to me. Why would a billionaire like Ross Beaty buy MTB's lowest priority project for $1 million when the market cap of MTB isn't much more than $12 million. (113 million shares X 10.5 cents) It would make more sense for him to buy the company out and then he would get the Surprise Creek project plus their other 6 higher priority projects. So really they are putting a value of $1 million on Surprise Creek and only $11 million on the other 6 projects? Not saying the buyout would be at 10.5 cents but it would be smarter for him to buy shares on the open market to add to his 13.8 %. Unless he sees value in the Surprise Creek property and not the other 6 projects. Comments would be appreciated.
<< Previous
Bullboard Posts
Next >>