your posts over in MTM shows your lack of research on the stock, and I'm not sure if you bought this WMG by luck or what. But for MTM the nickel was never the main game, a well-informed investor/trader should easily see that the game changer for MTM is the Pomme REE-Nb project located in Quebec Canada.
"The project is located only 7km from the world class carbonatite-hosted Montviel Deposit which has a total Indicated and Inferred resource of 266 Mt @ 1.46% TREO and 0.14% Nb2O5"
Given the fact that it is so closed to the world class REE-Nb deposit (contained 372,400t of Niobium, current price at around AU$67,700/t), that MTM's Pomme REE-Nb project has the potential to define better if not the same resource size as Montviel Deposit.
So base on only 372,400t Nb2O5 @ AU$67,700/t, that is IGV of AU$25,211m and that is excluding any potential value of other REE.
They are going to start the drilling next week (as planned in late-May) and they got all the permit approved, drilling rig/crew secured, local support...etc, there's nothing going to hold this back from soaring soon.
MTM Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
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