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Madoro Metals Corp V.MDM

Alternate Symbol(s):  MSTXF

Madoro Metals Corp. is a precious metals company engaged in the evaluation, acquisition, and exploration of mineral properties in Mexico and Canada. It is engaged in the exploration of three gold-silver projects in the state of Oaxaca, Mexico. The Yautepec, Magdalena and Rama de Oro projects each consist of epithermal systems that are prospective for precious metals in structural and geologic setting. It also owns a 50% interest in the Ralleau mineral property in the Urban Barry District, Lebel-sur-Quevillon area of Quebec. The Yautepec project comprises over 12,000 hectares of epithermal targets 22 kilometers southeast of Gold Resource Corporation's producing Arista-Switchback mines. The Magdalena project comprises a single 480-hectare property centered on altered volcanic rocks 20 km southeast of Gold Resource Corp's active Arista-Switchback Au-Ag mines. The Rama de Oro project comprises of 1,940 hectares at the northwestern terminus of the Oaxaca Au-Ag polymetallic volcanic belt.


TSXV:MDM - Post by User

Post by Oldschool2022on Dec 03, 2022 8:01pm
291 Views
Post# 35149039

Insiders and institutions own 50% of outstanding shares.

Insiders and institutions own 50% of outstanding shares.Insiders own 35% and institutions own 15% = 50% of the float. Over $500,000 in the bank and no debt. Buying pressure the last 2 weeks. It feels like news might be coming. Only 62,000 shares available under .10. $4000 would cleanup all the shares under .10. They have 3 promising gold and silver properties in Mexico. Looks like a good play at .06 per share. Cheers!!
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