MMC 0.00% 79.0¢ mitre mining corporation limited

continued lack of company branded merch for shareholders is the...

  1. 178 Posts.
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    continued lack of company branded merch for shareholders is the primary reason for the fall in share price imho. Maybe there is hope with the rebrand to Andean Silver.

    The recent fall in the gold and silver prices may have also had a smaller impact, along with profit taking from the rapid rise.

    The current announcement is good imho and highlights how prospective the land package is. Seems they are just stumbling across new/extensions of existing mineralised veins.

    However, the very slow drilling rate was also revealed with only 6 holes completed in ~3 months and the need for more rigs.

    Closest comparable company I have found is Dolly Varden Silver with a $350m AUD mc. All in my opinion DYOR this is not advice.


 
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