MTC 11.6% 24.0¢ metalstech limited

g’day seaemay,I’m still here, but only pop in occasionally....

  1. 1,601 Posts.
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    g’day seaemay,

    I’m still here, but only pop in occasionally. Still holding about half of my original holding; fortunately sold that when it was a lot higher at a tidy profit.

    agree we need to wait for the next lot of results. I seem to remember that someone contacted them about coming up under the open cut deposit from underground, as that’s where most of their gold is. They said yes.
    The U/G Oz are so far tiny and not worth mining cost.
    if that’s the case, they should announce that their intention is to mine the open cut Oz from underneath. Otherwise the market will continue to ignore MTC as they can see nothing of interest in the tiny underground deposit, as open cut is off limits.
    if whomever advised that is still in contact with the company, they may want to ask them, why they don’t simply announce that fact. Game changer, imho.

    if they do announce that, then the >1m Oz of nice high grade stuff is in play & up we go.

    im still unimpressed with management and will probably sell out if we get a decent run up on some good drill results and/or they announce that coming up under the open cut resource.

    cheers,

    ned.


 
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