Metals Creek (MEK.V): “Shades of Great Bear in Metals Creek”
The Quick Take on Metals Creek Resources Ltd.
- Metals Creek has two strong projects, Ogden and Dona Lake, in a Tier One jurisdiction with a joint venture and option agreement with the largest gold company in the world, Newmont Corp.
- Metals Creek has a strong, experienced management and geological team, utilizing modern geological science and exploration techniques, to aide in target generation to help uncover value in two district-sized, past producing projects.
- Low valuation relative to its peers, currently trading at a market capitalization below $30 million.
- The company attracted capital from one of the dominant junior mining hedge funds, Crescat Capital LLC, with Dr. Quinton Hennigh providing geological expertise.
- It is drilling both properties now, with news pending. The company will be active throughout 2022, advancing these projects.
- The shares have built a powerful technical base and challenging highs not seen for six years. A breakout could be forthcoming.
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