We are about to follow up those last drill results, which has huge potential to bolster the project significantly... it was 5000mts campaign in total, I believe they raised 8mil pounds to do it (2011/2012). To get this project to where it is today, literally millions of dollars has been spent... (do most realise that most of our ounces are in the indicated).
Then... not to mention the time and effort from past management to get the current mining permit... which is the gateway to moving the project fwd...
I watched a number of interviews with past owner Company/CEO... they had to divest their gold interests and focus on the one project to streamline the company. They also sold another gold project in the Congo.. they were too diversified, they sold them really cheap just to move their other project fwd... even though they sold overall about 4mil ounces of gold for next to nothing... their share price Eventually went up quite a bit... win win for everyone!!!
MTC Price at posting:
15.0¢ Sentiment: Buy Disclosure: Not Held
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