Mincorp Share Discussion Threads

[etacarinae] 10/10/2008 14:38

dead dogs dont bark in the night

[audereestfacere] 09/10/2008 16:41

Trying to mine on land on which you don't have the right and drilling for gold, but not releasing the results - a scam! You could be right.

[bsg] 09/10/2008 12:51

Almost sounds like a scam !

[audereestfacere] 09/10/2008 12:17

Here is a trading statement from MOP - we aren't,but we might,however,don't bank on it.Our investment in ATPK is showing a 65% loss,but don't despair as a lot of the shares have been used to guarantee a £200,000 overdraft from our CEO's bank. Therefore, because of this strategic action MOP's shareholders losses will be minimised - we don't know how, but it sounds good.

[audereestfacere] 06/10/2008 16:15

Down 9.1% without a trade in sight - general market sentiment,specific MOP sentiment or both?

[bsg] 30/9/2008 11:57

It may not be a good buying op. as it may go bust ?

[audereestfacere] 30/9/2008 11:30

Another drop becomes an excellent buying opportunity for someone else.

[audereestfacere] 29/9/2008 10:46

MOP isn't even worth shorting, because all it has is a short mop!

[bsg] 29/9/2008 09:30

300k @ .1p .. desperate !

[audereestfacere] 24/9/2008 14:42

You mean we're actually paying them!

[topvest] 23/9/2008 22:16

Director fees will take all the value here.

[audereestfacere] 23/9/2008 12:18

The directors are not worth a plugged nickel, this has taken 22 months to come to court. The part about shareholder value really irritates me - more meaningless drivel.

[topvest] 23/9/2008 08:41

There is nothing in MOP to generate value I'm afraid.

[saloch] 23/9/2008 08:24

rns what a shambles

[audereestfacere] 17/9/2008 16:52

Who did, a man in the know?

[topvest] 16/9/2008 21:59

He only bought the shares I sold...hardly a run!

[audereestfacere] 16/9/2008 16:38

Obviously not! Not even the start of something miniscule.

[audereestfacere] 15/9/2008 12:12

A 163,963 buy - is this the start of something small?

[topvest] 10/9/2008 10:17

Taking on a bank overdraft is always the killer for a shell company; makes it much more difficult to salvage if it all goes pear shaped. New management have done nothing. They make the old management look very good indeed, and they did almost nothing!

[bsg] 10/9/2008 10:00

I expect they'll de-list soon, drain all the ATPK investment as running costs, and then go FUT. You're well out of it. Wish I sold at 2p !!

[topvest] 10/9/2008 09:55

Sold the rest of mine. No point waiting for the what seems the inevitable bad news of not being able to get their accounts out under IFRS and renew funding. Pathetic price, but better than nothing and an immediate tax loss. Good luck to those that remain. A disappointing saga, but overall I made a profit and so can't complain too much I suppose.

[topvest] 19/8/2008 14:52

Yes, glad I sold 250,000 then!

[audereestfacere] 19/8/2008 10:51

MOP has become a typical AIM stock - totally aimless.

Who wishes they'd got out at 2p - remember that? You could sell 1m shares at 2p!

[topvest] 18/8/2008 16:08

I'm sure management have tried to be successful, but they just haven't managed it at all. Reverse something into MOP and put us all out of our misery. There was once a time when I had great hopes for this -i.e. shortly after IPO with Bruce Rowan having spent a considerable amount and with Reg Hare and Jo Malins as Chairman. Sadly, Jo Malins was a naughty boy at Cambrian Mining and it's been a disaster ever since he was forced to leave.

[macansy77] 18/8/2008 15:56

taking everything into consideration i'd sum it up by saying MOP has been nothing short of a considerable waste of time and money (a fair bit of it, mine).