Metminco Share Discussion Threads

[fenseal3] 10/6/2016 11:10

PMSL!!!!!!!!!!!!!!!!!!!

[pattersonsmith] 10/6/2016 11:08

back to even by the end of the day, clever money already left a hour ago.

[cool hand kev] 10/6/2016 11:01

One would expect a bit of profit taking. But buyers now returning for the push towards 0.3p

[the count of monte_cristo] 10/6/2016 10:54

patter lets see what happens next week.
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This deal is potentially company changing for MNC, I have ben waiting years for it to happen. Time will tell.

[fenseal3] 10/6/2016 10:50

patter.....what do you want them to say, everything is going great and we will have a JV with millions coming to us for a slice of the pie, get real!!!

[gersemi] 10/6/2016 10:44

Today's volume is the highest volume ever traded since MNC listed and it's only 10.45am. I would suggest some form of corporate action is about to happen..who knows,

[pattersonsmith] 10/6/2016 10:43

it let a few out today, and gave some traders some profits. greed can be evil, i have taken my grand and walked

[pattersonsmith] 10/6/2016 10:41

here is a clue

but incomplete, negotiations regarding the Los Calatos Partnership Process

The Company cautions however that there can be no guarantee that these negotiations will be successfully concluded.

its all in the details, good for a pump only which just finished, buyers already exhausted. a walkaway rns will kill this share on tuesday.

[the count of monte_cristo] 10/6/2016 10:15

fenseal3 - basically he hasn't got a clue, that's why.

Interesting times ahead:)))

[fenseal3] 10/6/2016 10:12

pattersonsmith....how can you pump a share that has been suspended on ASX, the fact it has says that something big is going to happen, will it be good or bad no one knows yet, but peeps are buying on the basis it's good and some will know more than most so by the time you think of pressing the buy button it will be 3 x the price, or back to 0.18p if bad, I know which way I think this is going, even without all this suspension I have always thought that MNC is undervalued.

[the count of monte_cristo] 10/6/2016 10:06

eat my shorts:))

[apfindley] 10/6/2016 09:46

Dumping.Only they cant as the mm's wont let you sell very many.Oops.

[pattersonsmith] 10/6/2016 09:39

pumped and now the dump, nice friday for traders

[gersemi] 10/6/2016 09:32

I've just read the MI article (Metminco – Getting out of Its Bind By John Cornford: 12 May 2016). It's an excellent article detailing MNC's attributes and risk. One would have to conclude that there's upside here though how much is anyone's guess

[jungmana] 10/6/2016 09:31

Fenseal - well said. I fully agree. Even without a deal imo we should be at least 0.5p.Just compare us to Marl or Solg today

[jungmana] 10/6/2016 09:26

Been here for ages. So good or bad news short term, los calatos will go for a lot of money one day.

[cool hand kev] 10/6/2016 09:24

Cheers for that imfo

[gersemi] 10/6/2016 09:24

Well, the price doesn't suggest bad news is on the way but then one never can tell these days

[jackbal] 10/6/2016 09:22

Yeah must say I am very surprised its reached .26. Pleased on one hand, frustrated on the other. That's life I suppose. Have a good weekend all. Im not going to look again until closing as its the sort of day I will waste glued to a screen otherwise.

If I had 85k in I would be watching each trade go through. Good luck all

[apfindley] 10/6/2016 09:18

Trigger fingers at the ready for the pumping brigade as usual.Trading halt could mean either positive or negative news.History proves that asx trading halts are more often for bad news.

[jungmana] 10/6/2016 09:14

Even before a los calatos deal look at our silly market cap compared to Marl or Solg.Bring on the news.

[cool hand kev] 10/6/2016 09:11

I think that speculation will take the share price higher. IMO.