Minco Share Discussion Threads

[lendmeafiver] 12/3/2017 22:45

Of interest reference zinc:

hxxp://www.miningfeeds.com/2017/02/16/zincs-time-to-shine/

[bageo] 07/3/2017 19:24

More details would be good but I take the main point to be that Canadian Zinc need Minco (Buchans) assets to make their nearby deposits work. I can see some sort of consolidation in the long run - timescale unknown.

[glitter2] 07/3/2017 07:20

A report at last but a sale of the project seems to be a long way off. I would like to have seen something along the lines of "robust economics for Zn etc at present prices".

[lendmeafiver] 27/2/2017 21:35

From the messages above perhaps one of us should call Varma, perhaps give them this week as it has been suggested in one of the above emails that they may be meeting as a board this week anyway.

Surely with zinc doing what it doing there must be deal making activity for half decent assets in that sector at the moment.

These small resource stocks are always news/event driven so all about making sure you have your money on the table the day news comes in.

[ardtole] 27/2/2017 17:39

Is news overdue on lundberg/buchans? I was under the impression there was an update expected in December

[bodgit] 26/2/2017 21:42

I am curious to know what has been established regarding the Lake Douglas gold prospect about which Minco said "Minco intends to conduct initial reconnaissance work for gold on the newly acquired Lake Douglas claims prior to the onset of winter weather."

[lendmeafiver] 26/2/2017 18:06

The locations rhodochrosite is pretty unusual on a commercial scale which is its unique feature that brings production costs down vs oxides. Ultimately this cost advantage will bring a partner into that project especially with the battery market about to fly.

[bodgit] 26/2/2017 12:09

lendmeafiver, thanks again. Minco manganese interests are very close by those of Manganese X Energy and economies of scale may push wider consolidation/facility sharing etc options. Will the Chinese beat the US to acquiring Minco etc manganese interests?? Hmmmm. Good luck all.

[bodgit] 24/2/2017 09:33

lendmeafiver, thanks for that link, appreciated.

[lendmeafiver] 23/2/2017 22:57

Maybe of interest to some here:

hxxp://investingnews.com/daily/resource-investing/critical-metals-investing/cobalt-investing/manganese-x-energy-next-battery-generation/

[lendmeafiver] 22/2/2017 13:34

Absolutely Bodgit, the value here will come through eventually, expect changes to structure will speed that up.

[bodgit] 22/2/2017 09:51

lendmeafiver, regarding our differing views on the DALR 2% nsr, time will tell of course. The positive aspect of this is there looks to be significant value in that 2% nsr to MIO shareholders and we merely differ on the nature of how that value might be realised to our benefit. I look forward to any positive outcome for MIO shareholders from other asset ownership swaps/sales/reshuffling or whatever - it makes life more interesting than watching the proverbial paint dry with this share. Good luck all.

[lendmeafiver] 22/2/2017 02:36

Agree teemore, but Dalradian has spare cash, but perhaps a mix of cash and equity in Dalradian would be perfect for us MIO holders.

[teemore] 22/2/2017 00:23

On the issue of the royalty I do not see a cash payment as a Dalr is developing a mine and would not be in a position to buy out anything. I hope there is no deal done for cash. My guess is that there would be some other type of deal done and hopefully it is one that would have long term benefit to Mio holders. I also would agree with some posters that you will see some combining of the various companies who have common interest/management.

[lendmeafiver] 22/2/2017 00:21

I disagree with your Dalradian views bodgit, It really wouldn't surprise me to see an early Dalradian deal, they will know that the longer they leave it the higher the price Minco will be able to justify, they will be keen to take it out early.

[lendmeafiver] 22/2/2017 00:14

I couldn't agree more JDG and good too see you back on this board.

[jdgeus75] 21/2/2017 18:44

Good to see that things returned to normal here and that people are actually posting valuable information. I think this is a very realistic option --> combining the zinc assets of Anglesey, Canadian Zinc, Minco in a zinc focussed junior listed on the TSX in Canada. Adventus Zinc staked all the ground that was previously controlled by Minco and now have a market cap of 40 million!!

Minco on the other hand, with the more advanced zinc asset is valued at 10 million (Canadian Dollar).

In addition to that, Manganese X Energy has a project close to Minco's Woodstock project. They are trying to delineate a similar resouce. They are valued at $10 million. And they are looking for something similar as Minco's Woodstock.

Can you imagine how undervalued Minco is?

Let alone the royalty, which should be worth over 20 million dollar. Count those things up and you have a 60 million market cap. That is overly optimistic of course. But we have a long way to go.

[bodgit] 21/2/2017 18:14

My thoughts FWIW just to strike up a conversation. AYM and MIO?? Hmmmm, could be complicated given the mix of different metal ore resources held by AYM and Minco and in various locations. Iron ore is simple though on two continents. Zinc/copper/lead etc spread around quite a bit. May make more sense to combine in some way our Canadian Newfoundland zinc interests with those of Canadian Zinc Corp.?? Could there be a way of moving what little cash remains in Minco across to AYM to finance mining at Parys Mountain? I cannot recall seeing any evidence yet of worthwhile ore resources at North Pennines despite significant expenditures on exploration and the 'new' Irish zinc exploration has afaik yet to reveal anything useful either? Canadian manganese seems to be on the back burner. That leaves Xtierra interests which look moribund and our 2% Dalradian NSR which imho will not yield value for some years yet though could be significant when it does. Yes, it could be bought out beforehand though personally I would prefer they keep it for a steady income stream or if they dispose of it, return the funds to long suffering shareholders. Good luck all.

[lendmeafiver] 21/2/2017 17:05

Sounds logical

[keya5000] 21/2/2017 15:39

ardtole,

That was me.

Yes he mentioned perhaps a possible move would be to move the Pary's project and/or Minco assets together and create a 'zinc focus' with AYM's iron ore interests held in a different entity.

The boards of both are meeting in Canada next week

[ardtole] 21/2/2017 15:19

A poster on the Anglesea Mining Lse bb, apparently was in touch with Danesh Varmah, and was making enquires about the long overdue scoping study at Parys Mountain.
In the conversation the poster suggests that Varmah hinted at some involvement with Minco.
I remember Caveat Emptor ( a one time regular poster on this bb) mentioning before a possibilty of an amalgamation of sorts between the two organistions, it could be worth keeping an eye on.

[lendmeafiver] 19/2/2017 20:37

Certainly an uplift in volume here of late, I don't know what's driving it, i) an early Dalradian NSR deal given their additional recent warrant exercise revenue or ii) is it zinc price related in terms of increased chance of Canadian development or iii) something else?

There must be scope for an early Dalradian deal given the fact the longer it is left the higher the price becomes as the project is de-risked.

Thoughts anyone? Sensible ones preferably.