Member Info for Punter64

Not big amounts of silver at La India but La Grecia looks like being a different story if and when it comes on line.

The acquisition could be announced any time in the next three months. Guesswork as to when. You have to be in it to win it.

I think that the lab is only just now getting up and running and until recently cores were being sent to Canada. I think DB mentioned two rigs but that two more were being brought in, one of which will head to La Grecia.

Nope! DB said in the next three months MTL hopes to announce an acquisition of a future new mine, although he did also say it could be up to six months if it takes longer to agree terms etc. He also said there is no fuel shortage at Runruno, so no need for diesel generators.

Not deramping? Haha! You gave answers to your question last time you posted it, or have you forgotten? What were they? Gold cratering, regime change, tailings dam failure...... Surprised you didn't throw in famine, nuclear war and a direct hit from a comet.

EL, no I am not implying that at all. Happy to take your word on that. Just a general point about rampers suddenly turning negative.

EL I have certainly traded a few over the years but what I don't do is suddenly go all negative (after selling some) after being positive on the share. I hate that behaviour. For the record I haven't sold a single MTL share since the takeover, I have been adding.

Err, I've been in CNR since 2008, so yep I have heard of La India Mr Patronising.

'Topping up' or buying back some you sold? I suspect the later, lol

Agreed pedro, it has become very tiresome. You can bet that all the negative posters have either sold all or part of their MTL holdings and are looking to buy back cheaper. That is a dangerous game when game changing news could drop anytime now.

Pedro, agreed. If all goes to plan in three months time we will be a couple of months away from La India production. We may have a new acquisition announced and plans for a repurposing of Runruno's plant. We may have drill results showing the big potential of both La Grecia and Cacao and also permission to start drilling at Abra. All this put together would be transformational. Here's hoping!!

A few things stand out:

The trademark classes are unusually broad for a dormant shell name — mining, processing, metals, technical services, etc.

“Solibon” does not appear tied to an existing MTL asset, which hints at:

a future acquisition vehicle,

a JV structure,

or a renamed operating subsidiary.

Mining companies sometimes avoid using the parent company name directly for political, financing, tax or partnership reasons.

If MTL is indeed pursuing another acquisition, registering the trademark beforehand could mean:

they already have exclusivity/advanced talks,

they expect a new platform business rather than just a bolt-on asset,

or they want branding prepared before announcement.

The timing is interesting because MTL has repeatedly stated its ambition to become a broader multi-asset producer beyond Runruno. �

uk-wire.com +2

One speculative angle: “Solibon Metals” sounds more like a corporate metals platform than a single gold-mine project name. That could imply they are looking at something larger-scale or multi-commodity rather than just another standalone Philippine gold exploration asset

Just to add too, that with the on site Lab now up and running (or very soon?) the turn around of drill results from both La Grecia and La India will be rapid. As DB explained that helps them not to waste drill holes by following up duds before they realise that they are duds, due to the current 8 week wait for results from Canada.

LMA, agreed. It is interesting that both La India and La Grecia were historical mines and that fact that La Grecia was halted only because they couldn't cope with the quantity of silver (rather than depletion of resources) strongly suggests that it too will be a mine again. Also Newcrest took 80 rock chip samples that returned average grades of 80g/t. On the face of it it has the potential to be bigger (due to the 15x silver content) than La India and higher grade.

Surrey, nothing new? I think there was. To highlight a couple, there was very good news about La Grecia. MTL have been down the old workings to look at three veins down there. Big historical grades and particularly high quantities of silver. So much silver, in fact, that the past mining came to a halt only because there was so much silver that they were unable to produce dore. La Grecia has huge potential. Also Cacao has plenty of holes drilled that we await assays on and extension drilling underway to enlarge the pit on the south side.

Spot on Lee, the constant negativity has become very tiresome. The presentation was excellent , as are MTL's prospects.

Spot on Lee, the constant negativity has become very tiresome. The presentation was excellent , as are MTL's prospects.

Major, get a grip mate. La India is where the current mine is being built and MTL will be targetting many years of production by increasing the resource there. DB clearly stated that two more rigs are being brought in. Some will no doubt see what La Grecia holds but La India WILL be drilled.

I don't think so broomtree. You need to recognise that the second CVR have a 5 year exploration period. I am confident that the resource will be grown sufficiently during that time and probably by a lot more.

I thought that was an excellent presentation and the future looks very bright indeed for those willing to stick with MTL for a year or so. I am looking forward to seeing the news (hopefully in the next three months) regarding a new mine for repurposeing Runrunno.