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I just read on kitco, that the Philippines mines bureau expect the lifting on the ban on open pit mining soon. That's a big bonus for mtl.
I have a feeling that name maybe in use? Pacific Region Gold.
Pacific Rim Gold ?
We may see some ups and downs along the way but I will be surprised if this isn't above 5p year end. Bit coin got hammered yesterday with changes in China. I also think Mtl should have a new name? The stigma connected to the early years is behind them now.
Interesting how Eric sprott bought into Gal and they are now at 40p. They are producing a fraction of what MTL produce. I know the bod are doing a great job, but it would be great if they did a buy back with shares, or did a share consolidation.
Great post, these companies move on news and sentiment, I think if they restructure debt, the Candy brothers would make way more through through the share price being catapulted much higher. Also things are improving, and the board has been strengthened for a reason.
Gold is up around a $100 an Oz in the last week. that's worth the best part of two million dollars extra per quarter to mtl.
Production not exploration.
Surprised to see this drop after today's news, to me this stands out compared to some other Goldie's that seem to be years away from exploration.
Over 80 percent of shares are already taken up by major shareholders.
Things are gearing up.
Gold is up nearly $100 an Oz in the last week alone, should help a lot for the next quarter results.we still don't know why they strengthened the board so much. Well done on your top up Roy very shrewd move.
Not many Goldie's producing, with such a low market cap. these should be put in the bottom drawer in my opinion.
Didn't realise gold finished above $1840 on Friday. We may well see gold going above $1900 or higher this year.Inflation in the USA is at its highest levels since 2008.
I see Nxt Tec have been given a European patent for there spacedeck . It's not over till the fat lady sings. It's been a long old slog, but there is light at the the end of the tunnel.
Pgdc seem to be gathering more and more assets,
Let's hope they start mining that high grade resource soon, they must be sat on several million oz now.
Someone paid a pretty hefty premium today. These shares are pretty tightly held now. Some more good news, and we will be off these lows.
I get the impression things are about to change with mtl, they must be planning to add further assets.
Gold Currently at 1790, so up about 60 dollars an Oz over the last couple of trading days.
Roy, it's the spirit of a man that sustains him in sickness. so if your spirit is strong that's good news. Being a bit of an old timer on this board do Mtl have any other assets? I see they have pretty much only scratched vthe service with the current asset band could be pulling out gold for years. I enjoy you light hearted banter Roy??