I notice buyers have been getting set for the announcement expected shortly on the nature of the "significant" base metal intercepts reported over the past two weeks.
However MTB needs to crash through .14 cents on strong volume to attain breakout status. It is currently sitting on .135 cents. This is well short of the recent .23 - .26 cent valuation (see excellent archive post by Carls on this site) calculated by a foreign resources analyst.
With the prospect of significant silver, lead and zinc finds in Botswana and the possibility of diamonds in Namibia plus a royalty stream coming online next year from its gold interests in Australia, MTB would appear to be a strong candidate for serious market revaluation over the next few weeks.
Conduct your own research. I hold.
R/Gupper
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