Ann: High Grade Cobalt Results at Bay Lake Project, Ontario, page-78

Its all good to have minerals in the ground(or on the ground more so in MTC's case), but the management of extracting them is the art. Any company needs to do this well as you have to make believers out of your shareholders in order for them to take the journey with you. This is where MTC are failing badly at the moment as the the belief is waivering. I 'm sure we all believe Cobalt is there, but what needs to be proven to shareholders and the market is:
- Is it there in sufficient quantity?
- Is it of appropriate quality?
- Is it economically viable to extract it out of the ground?
Lastly once MTC can prove all of these points it then comes down to:
Do they have what it takes to set up and operate a successful mining facility?
All this needs to be done with limited funds and good management to keep people believing through the entire journey or as i like to call it "The Dance"
Only problem with these guys is it feels more like we are foxtrotting on the edge of a cliff.