Post by
Kyodai on Mar 03, 2021 10:05am
Summary
Valid summary posted in ceo.ca
1. 9 million market cap.
2. 3.5 million CASH.
3. 2021 drilling program already arranged and secured, starts in the beginning of springs.
4. Eric Sprott (4M share placement at 0.25 per share) ~ 10% shareholder. Will definitely participate in the next PP.
5. A silver-gold project with CLEAR evidence FOR the potential for a large-scale deposit, similar in scale to the adjacent Premier Camp, one of BC’s richest mining camps
6. Past drilling intersected multiple meters carrying KILOGRAMs per ton SILVER.
7. IN the Golden Triangle (one of the most richly mineralized areas on the planet), proud owner of 2,600 hectare, strategically located land package with numerous high-grade showings and historic mines.
8. Although the first few holes results are not good, they are entirely comparable with other early-stage drill programs. Also, the geological information from these holes will be extremely valuable during the next phase of drilling. MTB are now much closer to understanding this system.
Comment by
HornbyBay on Mar 03, 2021 2:33pm
As a long-term shareholder, I will believe it when I see it. IMO, Larry Roulston has been a big disappointment as CEO. Disclosure: I own shares of MTB, just my opinions, not investment advice.
Comment by
Kyodai on Mar 04, 2021 3:29am
@HornbyBay Since you are a long-term shareholder, I take it you still have some confidence in MTB and ceo Roulston? Otherwise it would be wise to just leave the building.. There are lots of interesting projects out there.. Right now I look forward to a drilling follow up of the spectacular grabsample, showing 12.7% copper..
Comment by
HornbyBay on Mar 04, 2021 12:22pm
K - I have confidence in MTB’s land package, but the performance of past and current management has been extremely disappointing. Not investment advice.
Comment by
RHertig on Mar 05, 2021 6:22am
what percentage of copper would make an atea worth mining for copper?