Copied from the previous Markewatch post....
A profitable mid-tier or senior producer (potential acquirer) may need to shelter income from corporate income taxes, hence when it acquires a
new gold producing company it is able to deduct the losses of the new gold
producer against its own. Therefore in Metanor's case, should a takeover occur
by a profitable entity, it would immediately be able to realize a cash savings
from income taxes due to a loss carry forward of >$50 million, resulting in a
cash gain (assuming a simple 33.33% corporate tax rate) of more than $17
million. Deduct that $17 million from the current market cap of MTO.V and it
becomes obvious that shares of MTO.V are dramatically undervalued; its
infrastructure, resources, and gold production capability plus related growth
dictate the share price of MTO.V are poised for significantly more upside
revaluation.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.mto&postid=26697238#xpMslBMVEigxQI7q.99