MTC metalstech limited

MTC sitting on 1 mill Oz of gold @ Sturec Gold mine, page-189

  1. 4,567 Posts.
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    its going below 10c. deposit unviable and management history not credible enough.

    the main reason deposit is unviable is this deposit is a cyanide leach open pit mining, and slovakia does not allow either. Cyanide Leach is banned and open pit wont get approved by local tourist community and businesses(its a tourist destination - medieval theme) and even the full underground mining will take a while to get approved.

    Underground mining wont scale efficiently cost wise and will be too costly, capex intense for a $20m dollar company.
    Last edited by Nige456: 25/09/20
 
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Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $31.08M
Open High Low Value Volume
13.5¢ 14.0¢ 13.0¢ $27.35K 205.1K

Buyers (Bids)

No. Vol. Price($)
2 62217 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 89254 1
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