Post by
mattbigham on Apr 04, 2024 11:55pm
MMG have to create their own momentum....
...and break free of the manipulated precious metals price action.
Since LP is a copper resource with PGM's and PM's it is in a position to perform independently of the PM market gyrations.
La Plata seems to be unique in that it is a potentially very large resource that is ,as Dr. Enders (he of Newmont and Phelps-Dodge fame) notes:
"It is rare indeed today to find an outcropping porphyry copper deposit that has not yet been mined."
Which brings us back to MMG breaking up,out and on it's own-it has to be drilled - and continuously drilled - for years.
MMG need Newmont to take a larger stake and strike those warrants and then MMG have to cash in their own at higher levels to get the drill campaigns constantly in motion.
I am looking for the strategic avenues that MMG plan and announce to facilitate this project and company forward.
An elevated SP raises cash with less dilution and MMG can further Keno's assets Hecla would want and hopefully attract other companies to push Hecla's hand.
13c in Durango,Colorado as I type this out so no excuses about weather holding back the drill bit due to Yukon frozen tundra conditions.
Awaiting the LP drill results,revised resource and MMG's plans to expedite exploration ASAP.