I think we have to be a little realistic here. Howlett Research(analyst) has a current valuation with a market cap of $96m and a future market cap of $275m.

I would be happy if it reaches the first number this year and the second in a few years.

The unknown factors are cost of production and the possibility of identifying more resources. If one of MTO's properties hits a home run with finding new gold, anything can happen. If oil continues to skyrocket, cost of production will increase significantly since current ore from the Barry deposit is trucked at considerable expense.