I read that piece last night. I thought the following was a bit stupid: 'Of course, MTC doesn’t have infinite assets to sell so investors will likely shift their focus to how soon the explorer can commercialise its projects and whether its current cash holdings can last.' Of course the cash can't last till development of Sturec and sale of gold bars! How stupid do they think investors are? All explorers have to keep making capital raises to fund exploration and construction. But at least this new $6M will cover costs for the rest of this year and into next year, by which time hopefully they will have delineated a viable underground resource. With a MC of around $25M as it currently stands this is a very cheap company at present and a comparatively good punt on a risk/reward basis, especially with the projected lithium bonus shares in mind.
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