I love how far people are reaching to be negative in response to my favourite announcement I've ever had.
The most amusing has got to be the criticism of a director buying on market because 'the parcel size looks desperate'.
Anyway,
The initial zone with 500m of drilling has an exploration target of 15-25MT.
The new prospective strike length is 6000m.
If just 10% of the strike length replicates existing mineralisation, MTC will have one of the largest, highest grade hard rock deposits in the world in arguably the most economically favourable location in the world (particularly thanks to world leading power costs, low tax rates and shallow depths).
Is it really that unreasonable to expect 10% of the additional strike length to only have the same kind of mineralization that has already been proven through drilling?
Neighbouring deposits such as Nemaska's Whabouchi, Galaxy's James Bay and more have already proven that this area holds top tier deposits.
I love how far people are reaching to be negative in response to...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $28.17M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $3.713K | 27.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67188 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 1000 | 1 |
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| Last trade - 14.10pm 27/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |