MTC metalstech limited

re also the quarterly and other announcements. lot of commentary...

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    re also the quarterly and other announcements. lot of commentary about the underground mine. there is only 40,000 ounces in the underground shell most which is inferred. At best a 30,000 ounce reserve, thats only a few thousand ounces of production, not enough to make money at any scale.

    The bulk of the resource is a low grade open pit which is standard easy extraction. Thiosulphate is the only goer for it due to cyanide bans, but its still questionable whether any open pit will be allowed as greenies in that area appear motivated against open pit mining.




 
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