Initiating Coverage
We are initiating coverage on Maxtech Ventures Inc. (CSE:MVT). We believe that with its recent agreement to earn into 50% of the St. Anthony gold project in Ontario the company has an opportunity to take advantage of the current gold bull market by rapidly establishing a maiden mineral resource estimate. We believe the planned 15,000m infill drill program at St. Anthony is the key catalyst that could potentially deliver positive news flow that could re-rate the stock.