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Mammoth Resources Corp. (MTH.V)

Discussion in 'Penny Stocks' started by Auri, Oct 10, 2017.

  1. Auri

    Auri Member

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    Mammoth Resources is a Toronto, ON based mining exploration company focused on acquiring and defining gold and silver resources in Mexico and other geologically attractive, mining friendly jurisdictions in the Americas. The Company is actively exploring projects and continues to seek additional option agreements on other properties it believes could host potential for above average economic concentrations of precious metals.

    The Company was founded in January 2011 and listed on the TSX Venture exchange in May 2011.

    Shares Outstanding: 20,824,205

    Symbol: MTH.V

    www.mammothresources.ca
     
  2. hollyhunter

    hollyhunter Member

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  3. Auri

    Auri Member

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    Yes the chart looks good only 21 M I/O is tiny imo for a gold jr

    The property is very good with an excellent CEO in charge.


    https://www.stockwatch.com/Chart/Hist.aspx?symbol=MTH&region=C




    Fyi,


    About: Thomas Atkins President, CEO P. Geo, MBA


    Mr. Atkins has 30 years experience in the mineral resource business, including 5 years experience in the field as a geologist working throughout the Americas, 8 years experience as a corporate and investment banker where he underwrote over $1.0 billion in equity, project financings, advised on various acquisitions, business mergers and 7 years experience as a senior executive with a two of large cap companies.


    Mr. Atkins was the President and CEO of Crowflight Minerals and Castlegold.


    As President and CEO with Crowflight he led the financing and exploration of an extensive regional area nickle project in the Thompson Nickel Belt located Manitoba Canada. He successfully completed the financing and development of an underground nickel mine. During his three years at Crowflight the company's value increased from $18 million to $350 million.


    He was also President and CEO of Castle Gold and during his two years at Castle he led the development and expansion of the El Castillo Mine in Mexico which began at 15,000 ounces annual production and increased to 35,000 ounces annual production moving to 75,000 ounces plus a 50% increase in the gold resource.


    Castle Gold was valued at $30 million and less than two years later and it was taken over by Argonaut Gold (AR.T) for $120 million or $1.25 / share in an all cash transaction.

    www.mammothresources.ca
     
  4. Auri

    Auri Member

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