Metals Exploration Share Discussion Threads

[jailbird] 17/2/2017 14:53

"Thankyou for continued support by all placee shareholders.
Please free to sell massive chunks on any good news, which will depress the share price"

This is how it works, so we should not be surprised

[blueclyde] 16/2/2017 18:04

7 trades today! 5 large ones appear to be the same buyer. Can't wait to see what happens when we get a good ops RNS and we get a couple of hundred people wanting to buy!Encouraging that gold is rising despite the markets hitting all time highs and interest rates going up. Shows the smart money knows it's a crazy bubble that will burst!

[jailbird] 16/2/2017 17:23

My reasoning 5.05p were buys was that the last move up on the bid was at the same time

[achillesheel] 16/2/2017 17:04

They are buys I took another chunk at 5.05

[peterpowell21] 16/2/2017 16:46

jailbird
if they are buys the large buyer must have finished.
they are now left with dropping the price to get pi's to take the sellers shares he has left.
the thing is how low are they going to go?
i would say 5p to buy.we will see.

[johnybigarms1] 16/2/2017 16:45

Is that a fact as they show up as sells, but I must say they never offered 5.05 to me on a dummy sell, always 5.00, have no more funds to try a dummy buy, any one?

[jailbird] 16/2/2017 16:32

Tick 2v35.05p are def buys

[peterpowell21] 16/2/2017 16:20

i have hear that things are ramping up soundly, lol.
if gold breaks through 1245 it could get to 1300 very fast,
it has hit it a few times now.

[peterpowell21] 16/2/2017 16:11

or are the 5.05 shares sells that are from the seller?
letting them out at a premium to the price pi's could sell at.
lets look at the facts, day after day of buys, yet they keep dropping the price?

[peterpowell21] 16/2/2017 15:26

5.01 to sell, so the 5.05 must be buys.

[peterpowell21] 16/2/2017 09:05

sleveen

well the share price wont go up without news.
not when you have next to no pi interest.
someone needs to tell the management how things work on the stock market.
they have seen how it works coming down for years.
they dont seem to have a clue how to get it to rise.
95% of management in AIM companies dont seem to have a clue what they are doing.
from what i have seen here up to yet this lot are in that 95%.

i just say it as i see it.
not trying to get in cheaper, as i am fully in here now.

[peterpowell21] 16/2/2017 08:31

i was just looking at solgold.
market cap of around £500m, no revenue, yet they get kept up to date on whats going on.

[sleveen] 16/2/2017 08:25

Indeed pp21, hence my awaiting news of the above before I invest.

The risk is to the down side until we have something concrete to look at.

[peterpowell21] 16/2/2017 08:08

jailbird

my argument is more with the news flow.
they have been poring gold since june last year,8 months in all.
not one piece of news on the amount?
no news on where we are regarding production.
no news is never good news. this no news embargo has gone on long enough.

if they dont want pi's in here, they have been going about it the right way.

[jailbird] 16/2/2017 07:37

Mis-management has diluted your holdings by 1 billion shares That means if you valued the Co at £200m... instead of 20p it is worth 10p31st payment miss will again cost a wad on penalties.I do not know why Blackrock have bought in .. maybe a holding for one of their high risk commodity funds Just hope they know of some good news...

[jailbird] 16/2/2017 03:02

This was last year.. this was mismanagement of the highest order.And cost 2.8m in interest payments .Tell me are they in bed with the lenders? , no reason for the delay knowing of the penalty Management commenced debt restructuring discussions with the current facility lenders in March 2016 and it was expected this exercise would be completed before 30 June 2016. A capital payment of US $15.0 million and interest of US $2.874 million was due to be made to the lenders on 30 June 2016 but a restructured debt facility would have avoided the requirement for these payments.The restructuring exercise is currently ongoing and it is now expected this will be fully completed by the end of August 2016.The interest payment of US $2.874 million has been paid to the lenders which has depleted the Company's cash in the process but which was forecast to be made out of the Company's funds post a debt restructured scenario.No Gold sales have been made upto to now.Blackrock have bought inGot what dividends or capital growth?Either way these holders are gonna slice their holdings into good newsBakers are already doing it at made no profit !!!

[blueclyde] 15/2/2017 18:10

Not really much point arguing with our selfs here it is up to the company to provide clarification.I personally think they will be almost at full production by now. As they are in ramp up stage I am guessing they aren't providing regular updates in case something goes wrong like what happened with the mill pre typhoon. 7 or so trades today certainly two the same person, I am fully loaded as it will be interesting to see how this moves on confirmation of good production figures. I have a feeling the MMs will at least want to double their money overnight that day.

[achillesheel] 15/2/2017 16:50

No i just mentioned that a new investor had taken a chunk of the company in one go?

[jailbird] 15/2/2017 16:32

AHAre you excited ( for a better word) that blackrock are invested or an institution has bought 81 million shares (3.91%)

[achillesheel] 15/2/2017 16:01

Sorry jailbird don't understand this

I am not this applies to MTL, but I take it with a pinch of salt,
Blackrock took 81million in the last placing?

[jailbird] 15/2/2017 14:41

Well level 2 is now 2v3You will be lucky to sell 50k at 5p now...MMs not looking for stock now. It is turned around for now

[johnybigarms1] 15/2/2017 08:45

Multi bagger here, I haven't multi bagged, that's coming ?