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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

Bullboard Posts
Post by Goldbug317on Aug 05, 2002 5:04pm
120 Views
Post# 5338767

Have some faith

Have some faithGeez,Lets have some optmisim gentleman,this story is far from over!!After reading your posts I felt obliged to shed a more positive light on Manhatttan.I have followed this stock for years and been in and out..Iv'e have recently resumed my position.It is no secret that investor fatigue has plauged this company on and off,the story having dragged on for an eternity.However I found the recent run to the 2.00 range quite exciting(I contributed the run to stronger metal prices,a little coverage and speculation on a positive referendum).It is worth noting that despite the plunge to current levels,volume has been extremly light.I have many associates that hold large positions in this company and all are quite optimistic(including myself,obviously).Management continues towards the ultimate goal...and believes success is immenent.With 5 million spent on the E.I.S and feasibility studies(due out in a few weeks,delayed because the contracter dropped the ball on a portion of the water study)things are proceeding as they should.The referendum had no bearing whatsoever,and to be honest no credibility either.It was a sham,a joke.Who can vote on something they know nothing about?If anything it damaged the credibility of the defense.The Farmers of tambo Grande are not educated enough to make an intelligent decision of their own.Once the government views the studies...they will make a choice on behalf of the farmers.The fact that the government has a 25% option weighs heavily in our favour.I understand that the postponed financing was discouraging,however,it is in our best interest to curb the dilution of this company as much as possible,The potential is astronomical...this is no secret.We were finaced at .90 cents a year ago and have made tremendous progress since.We WILL be financed at a reasonable price.I recently had a discussion with MR>Glasser concerning corporate affairs.Shareholders want the B>5 deposit to be drilled...as we are all optimistic that this will become world class as well.However management will continue to drill TG>1 first.It is very important that you all realise the option has been extended before....and will be extended again if need be.Manhattan will meet their obligations...the govenment may need more time to meet theirs.(that being a concerted effort to make this project happen,at the same time looking out for the interests of the people.Fortunatly,the powers that be realise the importance that the project go ahead.10% of the town will be moved and the way of life for the farmers will be drasticly improved.We have an excellent managment team in place...keep the faith..the more holes we drill the more attractive this project will become(it's already world class)Keep the faith,Tambo Grande will happen...Regards...Gold Bug
Bullboard Posts