Bullboard - Stock Discussion Forum Mammoth Resources Corp V.MTH

Alternate Symbol(s): MMMRF

Mammoth Resources Corp. is a Canada-based precious metal mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company holds a 100% interest (subject to a 2% net smelter royalty purchasable anytime within two years from commencement of commercial production) in the 5,333-hectare... see more

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TSXV:MTH - Post Discussion

Mammoth Resources Corp > Change in sentiment bodes well for $MTH

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Post by honkytonkgirl1 on Jan 17, 2023 9:22am

Change in sentiment bodes well for $MTH

Sentiment is shifting in favour of Gold and I believe we're on the verge of renewed interest in the junior mining world.

Just 2 years ago Mammoth moved up dramatically in just a few months. On Oct 1, 2020 you could’ve bought shares for $0.05. You could’ve sold these shares on Dec. 1, 2020 at $.115 and if you had waited another 5 months you could’ve sold at .18, an almost quadruple in just a few months time!

Juniors are recovering form their all-time-lows and mammoth follows suit. The majority of MTH-shareholders are long-term holders like myself. The run-up from .05 to .18 happened on very high volume while the reverse -due to overall negative sentiment- took place on low volume.

If the current momentum holds and the POG remains above 1900 Mammoth are very well positioned for massive gains. It went down fast on low volume and will be the same when it goed up again!

Holding with confidence,

HTG

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