Metallic Minerals Corp V.MMG

Looking like we are about to bust

[jimdines1234567]

A move higher after more than four months of side-way consolidation, and that has created some compression in the price of MMG.

Very promising news on Formo and the beast in the east should be supportive for a move above fifty cents.

Soon we shall see...

[mattbigham]

It's all about the IP and what it is showing down deep. The interpretation of that IP may have been what moved Sprott to exercise. An early drill program is warranted and needed to get the substantive news flow rolling. This should mark the year MMG starts gaining traction based upon the 43-101 at Formo,the expectations of cash flow from the alluvials and whatever surprises Keno East drilling

[jimdines1234567]

Matt, I totally agree. interestingly a strong rally post, great results could help bring needed funding for the next drill program. Without creating much further dilution in the share count.  Soon we will see...

[mattbigham]

They have $3m in cash for this DP and the 43-101 at La Plata. There is also $23m in warrants and options -page 26 of today's presentation: https://www.dropbox.com/s/6a89s7wsmxxymf1/2022-03-28_MMG_Presentation_Live.pdf?dl=0 Since Greg doesnt speak until this afternoon somebody is getting a jump on the share price. This company's sp only moves on substantial NR's.