Correct Maxi - they use the copy and paste function alot.
This is the key to making money on this stock - don't expect anything to ever be mined. This baby is like Bitcoin - you spend a truck load of money and energy to create something that theoretically has some form of stored proxy wealth detemined purely by what the next person in the food chain is prepared to pay for it - one could easilly be mistaken for thinking of it as a pyramid scheme.
MTC's track record of not delivering anything since inception is undisputed (other than shareholder anxiety and directors fees)however there appears to be theoretical value if the current assays are feasible and they can successfully/prfitably execute on these reserves (or sell them proven to someone else).
The trick to this stock is not to wait for the shiney stuff to appear or not appear but to have the patience to trade on the consistency of the directors and their opague announcements. This is where the real mining happens as you can dirll some great results out of the seemingly endless undeuctaed "punters" soaking up this hype.
I first bought on believig the hype and did my Ar$!. Then I too noticed the patterns here and low an behold the volatility on this bronco can produce some great outcomes if your brave enough to wager some play money in it. I wouldn't put anything serious on it as it is a wicked mistress but if you watch it closely and they keep pumping out these announcements you can do pretty well. I'm up 4 forld on my initial investment by not betting big second time round but being active on the low side and setting limits on the up's.
I wouldn't normally do this but as Maxi has stated it is the consistency, you can almost set your watch to their behaviour if your prepared to ignore logic and that anything they announce as being reality.
This is my five cents worth - I respect others will have their own opinions so shoot me for sharing my experience to date. (70% gain for last 7 days - when to buy and and when to sell is the question - maybe pay attention to what others have quoted here as the pump and dump activity)
MTC Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
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