last chance before u miss out, page-5

  1. 3,731 Posts.
    MTN is out of control. It looks like the bias on MTN is gradually disappeared. People start to associate MTN with SMM, NEL, and EME. Still market cap. less than $200m, less than $3/lb resources, still the cheapest one amount the major juniors.

    Funny to notice that NEL has the same SP ($3.25) today, and similar market cap (with much less cash $2m vs $8m though). but has less than 1/3 of the uranum resources (NEL 9000t vs MTN 31,255t).

    Simply apply NEL's valuation, MTN's SP should be over $10!!! It explains why the steady and continues upwards of MTN's SP.

    Another good thing is $8m in the bank will keep MTN running for a couple of years without dilute the share base.

    I guess for whoever still not on the uranium express, MTN is still waiting for them on the station. But time is running out....
 
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