I think the announcement was really good, the average zinc equivalent is up to 4.63% !!
There is a lot more resource in the ground that was known about previously and the grade is up 80%
Looking at the benchmarking given in January, the average zinc equivalent is considerably up on its peers and with 20-30 MT of resource (their target)at 4.63%, even I am willing to dissagree with Xray, this project is looking good!!
We are also in a base metals bull market which I believe should run for many more years.
In my view, a company such as MTB is a jackpot stock, its:
- undervalued
- has considerable upside potential and
- is in a sector that has big upside
DYOR
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