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Bullboard - Stock Discussion Forum Mistango River Resources Inc C.MIS

Mistango River Resources Inc. is an exploration company with a 100% interest in two prospective properties in Kirkland Lake, Ontario. The Omega Property is surrounded by MAG Silver's Larder Lake property and on trend from the Kerr Addison mine that historically produced 12 million ounces. Its Kirkland West property is contiguous with Agnico Eagle's operating Macassa mine, and exploration... see more

CSE:MIS - Post Discussion

Mistango River Resources Inc > It won't take much to move this higher
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Post by Ianc77 on Mar 24, 2021 3:17pm

It won't take much to move this higher

It's been a long wait for the news but if the assays are good it won't take much to send this higher with such a small market cap and current shareholders like Eric Sprott and more with tight hands. The property they just finished drilling on had historic average gold grades of something like 15 plus gpt. The new location where they moved the drill to is closer to KL's Macassa mine and all the faults that converge in that area. I'm holding my shares even though it's taking forever to get the news, should be coming very soon, hopefully tomorrow.
Comment by donlin2 on Mar 30, 2021 12:53pm
or lower if the assays are not out until YE.  With this type of delay there is more than an assay office situation going on here?  (IMO)
Comment by Ianc77 on Mar 30, 2021 1:14pm
I called Stephen a few weeks ago, he said the delay was something to do with them moving the cores from one lab to another, not sure what the reason for that was. They have now drilled more than 6000m of a 10000m drill program. I am holding my shares, if the results are good the stock will do well. I can't see this going much lower, the last time Eric Sprott bought was around .27 cents and the ...more  
Comment by donlin2 on Mar 30, 2021 4:06pm
Thanks for the update....... I have also talked with Stephen and he just mentioned that they had a lot of news coming.............. good or bad, he did not elaborate.   Changing labs on the surface does not sound good.    What do you do when you hear something that you don't agree with.......ya get a second opinion.    Hopefully it was more of a logistical move just to ...more  
Comment by donlin2 on Apr 07, 2021 8:50am
Another week gone..........no news.   MIS appears to be waiting until they receive their entire drilling package (10+K M) results.    It certainly would appear that they have missed the motherlode vein (IMO).
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