yea there is so much crap pumped out about this stock.
I don't think people that the data they are using is good.
Over last 40 years three companies have sunk some 800 holes in this area.
A hole is a hole, if you'll forgive the expression, as far as I am concerned.
All the scientists at MTN have done is collate this information and come up with a 3D model of various sites along the Paralina Ore system and it has been done to JORC standards which is significant.
They are in the process of doing their own drilling now and combining the data they are getting with the older data to come up with more estimates on an additional five sites.
The fact that they don't have to drill means they are really ahead of most miners in estimating resources and don't have to spend a fortune on drilling.
Also when the announcement come, assuming they are some 16 times bigger than previously will bump the share price up significantly when they come.
There are so many pluses for this stock but it seems to be being ignored.
People are jumping left right and centre into companies that might have good prospects but no resources or drilling results....crazy. A new company and the u word and up goes the price. Real boom time stuff.
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