Field work and geophysics has been continuing non stop at 2 projects from the earliest time it was possible, and those 2 are planned to be drilled immediately after in around 4 weeks from now. Any company can burn through cash drilling random holes, the investment into extensive prep work defines a company committed to continue drilling past a few good intercepts and into resource definition. There are companies with a similar market cap drilling for Cobalt with an evenly spaced grid to save time and money on field work . Ironically at these prices those companies cost more than MTC. MTC's share price would be doing better right now if they just picked random spots, but the founders with millions invested have never sold a cent on peaks, not even at 40c so they're in it for the long game. May not be fun for traders but long term there is no better probability of astronomical growth for patient long term investors.
MTC Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
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. Ironically at these prices those companies cost more than MTC. MTC's share price would be doing better right now if they just picked random spots, but the founders with millions invested have never sold a cent on peaks, not even at 40c so they're in it for the long game. May not be fun for traders but long term there is no better probability of astronomical growth for patient long term investors.
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