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Metallic Minerals Corp V.MMG

Alternate Symbol(s):  MMNGF

Metallic Minerals Corp. is a resource-stage mineral exploration company, focused on copper, silver, gold, and platinum group elements in the North American mining jurisdictions. The Company's projects include La Plata, Keno Silver and Alluvial Royalties. The La Plata project covers approximately 44 square kilometers (km2) within the historic high-grade La Plata mining district located at the southwest end of the prolific Colorado Mineral Belt. Mineralization is related to a large-scale precious metals plus platinum group element (PGE) porphyry copper system with associated high-grade silver and gold epithermal vein and replacement deposits. The 100%-owned Keno Silver project consists of around 171 Km2 adjacent to Hecla Mining’s mining operations in the historic Keno Hill Silver District of Canada's Yukon Territory. Its Alluvial Royalties include Australia Creek Royalty and Dominion Creek Alluvial Royalty. It owns a 100% interest in the McKay and Silver Hill properties (55 km2).


TSXV:MMG - Post by User

Comment by jimdines1234567on Feb 24, 2024 9:59am
97 Views
Post# 35897078

RE:RE:RE:What's the odds?

RE:RE:RE:What's the odds?Matt,

Will try to provide some color from PDAC impressions.

In my earlier post, I am, only supposing that the Keno resource will be revealed at PDAC. Perhaps they wait on the FORMO news and just release LP. Very soon we will know if they release both. 

I am hoping that they release both and do not try to over-finesse timing, the company needs to deliver KENO & LP results ASAP. That news has to be meaningful on its own accord and not count on some clever sequencing to juice the stock price for a few days for promotional purposes.

As a longtime MMG shareholder, I fully expect to see Greg & Scott right after they release Keno, LP, and let us not forget the alluvial streaming results ( just how much did Parker make us, by now there is no way that they don't have that data) Walk on water...

All kidding aside, next week is probably one of the most consequential in Metallic's history. I am waiting to see if they actually have THE GOODS! 

There are so many possibilities to be rewarded with; does Hecla step forward and offer to buy parts or all of Keno? Do the drill results from LP precipitate a larger stake by Newmont? Could the Parker cash flow and possibly additional streaming agreements with added operators become actually meaningful and a creative way to provide a non-dilutive cash resource? 

Which, Ye Old MR. market will tell us in the next few days.

JD

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