maxi
I havn' been around here long enough to know the full run down on management. I did read a lot of thread history a month ago when I first bought in, and there was certainly some angst over the cobalt spin-out, but I can't imagine it being the primary cause of the general undervaluation.
My guess is that it has simply beem missed by the market. Sentiment moves much of the market, and SYA for example, received a lot more exposure due to their Australian assetts. I remeber about 2 years ago watching it spike to 14c in a day from about 1c. I hadn't been trading long then, so it made quite an impression. As an ASX listed company with Aussie assetts, it is better known, whereas MTC has never been as much in the sweep af the radar.
But as Race has pointed out, our resource is certainly noteworthy. I havn't been following SYA to add or detract anything from the comparison, but there is nothing glaringly in error about the comparison in general terms that hasn't been mentioned. So I think that comparatively speaking we can say that the market is behind on this one.
MTC is going to get some further exposure this month with the ICO begins and traders are drawn to the cobalt. This should reflect on our sp, and when Adina shows her goods and BCC and others appear, I think the present valuation will be re-evaluated.
I topped up last week and I'm just waiting to free some funds to do so again, so I'm happy for Mr Market to keep snoozing a few more days or so. I think I'm cutting it fine as news isn't far, but hopefully lady luck is with me and the news doesn't beat me.
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