RE:RE:That's also somewhat encouraging
Flippers trading the chart while the company feeds the SP malaise with lack of news.
Until the company SP rises significantly and.or generates consistent cashflow with drilling news this is what we have come to expect. A deal with the Keno property will change the fortunes of MMG insomuch as they will have cash to drill discover with extensive targets at LP.
-It's midsummer in the Yukon and still no news of additional operators for their alluvials.
- The company continues to on advancE Formo and have made a point about developing it as a priority . An MMG deal at Keno strategy centers around drill-developing Formo as their priority. This suggests there is no deal in place and suitor(s) want to purchase ounces in the ground and not potential hype.
- La Plata is the flagship and significant drill discovery news at the porhyry targets they are testing this summer will advance the theory that LP has district - scale potential that MMG have been advertising.
I see the June 6th,2024 presentation has been taken down and so have all the 2024 NR's. Not sure what that is about.
Still waiting for the updated resource count for LP and any news of their early drilling there.
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