Australia's largest stock trading and investment forum Australia's #1 stock forum

MTH

Click for more information

0.00%

20.0¢ mithril resources limited

best post I have seen...that why you got a heart..now it is time...

First 34 Last

Share
Profile

Follow
pakkham

11,688 Posts.

606

15/12/20

08:32

Post #: 49576910
Share

Originally posted by goldbear77: ↑

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

Expand

best post I have seen...
that why you got a heart..
now
it is time to consider

MTH Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

First 34 Last

Add MTH (ASX) to my watchlist