Originally posted by DocMaverick ↑Really! It does make one...

Originally posted by DocMaverick ↑

Really?

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Really! It does make one wonder. I wonder if MTH and Corona are talking to each other, given it took two weeks for MTH to post. (Corona's ann was dated 14 November. Did Corona even tell MTH about this?) I bought in on the strength of good results from Spargos in early 2013 only to see MTH walk when they got spooked by a sudden but temporary drop in the gold price it seems. They didn't even do a promised ore reserve. Had they stuck to their guns they'd have a producing goldmine by now, IMHO. Am I talking MTH down? Hardly. My investment is 1/50 of what it was. Not much down to go. I think MTH's record in the past five years speaks for itself. On the bright side, Corona may get this going and MTH might get a cash flow.

So this coming year end cash should be around $1.4m and if at 1/2c share price mkt cap around $2.1m so cash at 2/3 of company value and EV 1/3 of mkt cap.

That seems incredibly cheap with the program ahead in 2019 and any decent follow up drill hits.

Will Galena and Mithril make a deal in 2019...  just a lovely little one ?  I am betting they will.  I might be wrong but maybe I won't be...

JFI