MTC metalstech limited

That report was written months ago. We can be quite sure...

  1. 7,803 Posts.
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    That report was written months ago. We can be quite sure there'll be no scoping study in November. They take plenty of time to compile and before that can commence they have another 6 drill holes to complete, assays for which have to be obtained, and then a new resource estimate has to be calculated. It'd be safer to work on the basis that a scoping study might get delivered by next Easter and then if it happens any sooner it'll be a pleasant surprise. Believing outdated report estimates only sets yourself up for disappointment I'm afraid. But of course that doesn't mean the SP can't return to 70c next month. If, as I said before, they can obtain assays showing true wide intersections of gold at high grades then the punters will be happy to flock back in. However, don't count on the fact that another 500g/t reading over just 1m will do the trick again. Punters will be more wary next time, as they were earlier in the year. I like your enthusiasm, but just keep everything within realistic bounds though. Cheers.
 
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