its nothing to do with the results by themselves imo - its the market valuation, cash position vs the still immature level of project
this is what i was saying at +4c - it was way too high valuation for what it was - even though what it had was quite interesting and potentially could be good to great fullness of time
its now getting back into a hitting zone imo - though still a bit uppish - when i compare it with proven gold and silver resources of scale that are trading at a similar enterprise value.
it really should trade cheaper than stocks with proven +1Moz near surface gold reserves - on what it has atm
the key to holding steady sp wise when the fomo tide goes out is whether you;ve got a viable good grade resource
MTH doesnt have that yet
But its got some very nice bits and pieces and I wouldnt be surprised if it becomes something good eventually - possibly even something exciting
simply was too hopped up on trader fomo for +1000g/t ag eq drill grades that were too short to be enough by themselves - because they started out drilling the old known high grade main vein precisely for that pop in the silver breakout fomo phase
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Mkt cap ! $13.10M |
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No. | Vol. | Price($) |
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1 | 12000 | 17.0¢ |
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No. | Vol. | Price($) |
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1 | 12000 | 0.170 |
1 | 181818 | 0.165 |
2 | 54700 | 0.160 |
3 | 55527 | 0.155 |
1 | 6903 | 0.145 |
Price($) | Vol. | No. |
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0.170 | 1781 | 2 |
0.180 | 3200 | 1 |
0.185 | 4906 | 1 |
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