Amur Minerals Share Discussion Threads

[ebomber] 24/9/2019 11:01

As night follows day holders will see at least three more bucket shop placings before any update news from AMC in December 2019.

Placing money just to pay loan interest.

What sort of sustaining business model is that for the next 3 months and 10 years?

Death Spiral!

[inaminute] 24/9/2019 10:57

It is, but the fact is until we get confirmation that it's green light time they will continue to play. My heart sank with last week's RNS because of what it would do to the immediate share price (I know we're here for many multiples but we'd all feel better if the base was higher!). Yesterday's information should have been contained in last week's. Now we need an 'out of the blue' RNS to put a rocket up us and put a little uncertainty into the trader's minds

[callmebwana] 24/9/2019 10:53

Yes Tad. AMC Market capitalization today is only £13 Millions !! Makes you wonder.

[qui quaerit reperit] 24/9/2019 10:48

With amc share price we can clearly see how stock markets are manipulated by mm's...It is unbelievable...

[gizmohican] 24/9/2019 09:57

BySimon AlvarezPosted on September 23, 2019
Industry sources have suggested that LG Chem, a company reportedly tapped by Tesla as one of its battery suppliers for its Shanghai-based factory, has begun the mass production of 2170 cells for the Model 3 in its Nanjing factory.

According to South Korean tech publication THEELEC, LG Chem is producing NCM 811 battery cells for the electric car maker, which features a nickel proportion of 80% or more. Prior to its reported contract with Tesla, LG Chem has used its NCM 811 cells for electric buses. The Model 3 will then be the first sedan that will use these specific, LG-made cells.

The industry sources claimed that LG Chem was able to convince Tesla to opt for its NCM 811 batteries under the premise that the cells will likely maximize the range of the Model 3. This is key to Tesla’s Model 3 production activities in Gigafactory 3, as the site is intended to produce only the affordable versions of the electric sedan. If Tesla can reassure China’s EV market that its Made-in-China Model 3 has industry-leading range, the vehicle will likely receive a good amount of demand from the country’s mainstream car-buying public.

[callmebwana] 24/9/2019 09:56

AMC are going to the Hong Kong Mining Investment Forum on the 22/23 of next month.
Let's see if they get any backing there. The share price can be under the cosh in the meantime.The only good thing so far is that Nickel price is holding close to $8 a lb.

[ebomber] 24/9/2019 09:49

Having just read the RNS of yesterday again it suggests long term holders cannot expect any news until Dec 2019.

Where will the share price be in 3 months and how will it be supported with the knowledge a further three rounds of bucket shop financing in that time.

If I were long I would be concerned the share price will further drift to sub 1 pence.

[callmebwana] 24/9/2019 09:43

I think the tide will change here when we get the 2018 drilling results in November.
Few bits of news will slowly start to come out IMO.
We will just have to wait and see what finance deal RY comes out with. The past few months have seen the erosion of the share price I am sad to say.

[ebomber] 24/9/2019 09:43

IMHO Riverfort can now only offer 1.5 pence for this weeks placing / funding.

Expect continued death spiral.

Its painful if you are long.

[inaminute] 24/9/2019 09:30

Thank goodness we had that RNS yesterday, imagine the games with just a Dec 2020 date in mind.

[ebomber] 24/9/2019 09:28

wff

Ten years less one day with a fair wind and death spiral finance!

[brasso3] 24/9/2019 09:26

Was I dreaming when this touched 4p a few weeks ago?

[callmebwana] 24/9/2019 09:23

Giz,today it is the DMA trader/s having fun. Four sells in a row !!
As PI,s we have a lot of things stacked against us. One is this trading platform,never mind the likes of River Fort !!

[warrenfingerfood] 24/9/2019 09:17

Oh dear oh dear oh dear and how many years does it need to survive before it actually mines anything?

[ebomber] 24/9/2019 09:14

NEXT LOAN CONVERSION TO PAY MONTHLY LOAN INTEREST NO LATER THAN 31 OCTOBER 2019

Another 17 million plus shares to add to already sizeable dilution pool.

Lifeboat funding from Director last time ... where from in October 2019?

The following RNS's are why the share price will continue to crash.

27th Aug 2019 - Amur Minerals Corp - Issue of Equity.
1st. Aug 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
10th Jul 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
19th Jun 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
4th. Jun 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
27th Feb 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
2nd. Jan 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
28th Nov 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
19th Sep 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
10th Sep 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
30th Aug 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
23th Aug 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.

This is what DEATH SPIRAL FINANCING looks like.

Every 3 to 4 weeks, Riverfort is issued with MILLIONS of AMC shares, which they then sell onto the market which has the effect of sending the share price downwards.

[ebomber] 24/9/2019 09:11

Ouch!

……and placing yet to be announced this week.

______________________________________________________________________

07:54 - 24 Sep 2019

Amur Minerals hit a downwards monthly price breakout.

AMC triggered a breakout alert.
____________________________________________________________________

The DOWNWARD TREND is certainly of great assistance when making a few pence here!

C'mon Robin you can change everything for the ramping cartel.

[gizmohican] 24/9/2019 08:59

RY must to stop these destructive farcical finance deals he keeps signing up to.

[jrewing3] 23/9/2019 19:44

Good posts ebomber.

Balanced

[inaminute] 23/9/2019 16:27

I missed it at the time and I don't think it's showing on the stock exchange website.Happy that the RNS today halted last week's decline, in share price and patience!

[qui quaerit reperit] 23/9/2019 16:24

Sorry must be I am missing something, all I can see on my phone is below:Amur Minerals TEO And Definitive Feasibility Study Making ProgressSource: Alliance Newsinerals Corp on Monday gave an update on progression of the Russian Kun-Manie nickel copper sulphide project permanent conditions TEO and

[qui quaerit reperit] 23/9/2019 16:18

Is it not just an alliance news?

[inaminute] 23/9/2019 16:11

Just keeping us on our toes :-)