Drilling in Tier-One Gold Territory: Miata Metals

Companion Article:

https://juniorresourceinvesting.subst...

This is one I’ve followed for a while, including a couple of paid sub notes on them. The similarities (and therefore immediate allure) to another company I follow closely (Founders Metals) make for an awfully compelling narrative here. Consider the obvious parallels: Location of Sela Creek (and Nassau) are in south/eastern Suriname, orogenic gold in the Guiana Shield, leveraging preexisting artisanal prospecting and mining as exploration tools, using similar geophysical tools and strategies, smart younger team. The valuation is rich ($75 million mc for a pre-discovery, pre-assay - for now - explorer) but clearly demonstrates the respect the market is giving Guiana Shield exploration. In truth, the valuation bedevils me. $75 million market cap without an assay in hand. Now all that’s left to do is prove the compelling narrative can be meaningfully converted into a compelling discovery.

Time Stamps

01:00 Intro to Jaap, Miata, Sela Creek Project, and Three Points Capital

05:00 What historical work are you relying on and what are you doing differently to achieve better results.

10:50 Scale and scope – size of the prize?

13:00 What are the responses people are giving you about your story? (Pre-discovery, amount of potential, high valuations)

19:30 Overhang of warrants etc.

21:00 Cost of Drilling

24:30 Current Campaign Info, Lessons Learned

31:00 How long till drill results?

 

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