Technical Analysis, page-87

Why would you think ... " the drilling result seems to have already been digested in the market.. " ? Pretty sure i've not seen many stocks where the broader market interprets drilling results before they are announced . Sophs and instos may take a punt early on mining stocks and especially when they were offered such a good deal so that they get in at a good low average and if drill results are what we hope for then they will be taking more at a higher price but are averaged down to an acceptable level. With the number of shares issued in the raise it doesn't seem as though many have been dumped when looking at the parcel sizes sold . I believe when the results are announced in the next couple of weeks that we "could" see MTH take off to some very nice numbers .
Everything is a gamble , but with the management team and Geos we have onboard and their track records in the mining industry and then adding in the fact MTH have ground in one of the worlds richest mining areas i reckon this company is very undervalued but that of course is only my opinion and interpretation .