MTC metalstech limited

Ann: Virtual Non Deal Roadshow Presentation - Europe, page-18

  1. 7,838 Posts.
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    The trouble is they're not all massive hits. For instance if that 70m intersection had 9.23g/t in every metre it would have been sensational and the SP wouldn't have retraced the way it did. However, that's only an average grade for the 70m and almost all of it occurred with one single metre. This was the issue yesterday. A lot of day traders read it the way you're interpreting it but the smart ones read it correctly and sold within ten minutes to the others. See Tempting Trade's post from yesterday. Even if the 580 g/t had been spread evenly over 10m to give 10m @ 58g/t the market would have loved it. Nonetheless, there's gold there and the resource upgrade should be significant when the calcs are done. The other points you mention are good. If the lithium goes through as planned it'll be great.
    Last edited by seaemay: 02/06/21
 
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