Cadence Minerals Share Discussion Threads

[yogesp] 22/3/2019 07:28

Simply math would mean Mcathur share price would have to reach CAD$1 (*20) from last close before suspension to justify current Cadence share price

[jlondon] 22/3/2019 03:30

NEW ARTICLE JUST OUT, Fri, 22 Mar 2019

"Glencore signs on for WA iron ore."-Miningnews.net, 22 Mar 2019
-"Deal is worth an estimated US$4 billion over 10 years."
-"Agreed to buy 4m tonnes 1st 10 yrs in operation with OPTION TO EXTEND A FURTHER 10 YEARS."

Tweeted by Cameron McCall, Executive Chairman of Macarthur Minerals. Link:


Comment:
Many did not see the "option to extend a further 10 years" part.

[counting cards] 21/3/2019 23:53

amrishbrim

Good you are in PSL too. Not many have cottoned on yet despite major Volume.

Good luck with this one. No offence taken.

[ihavenoclue] 21/3/2019 22:44

John, would love it but can't see it. 400% from start would be. 65p so 50% rise.Love to be proved wrong though :)

[dubian99] 21/3/2019 22:37

True, most small cap mining entities have little of their resource value attributed if it's just a license or not in development,
so an event and move like today really only wipes out the discounts, mkt will have to attribute real value now, not the phoney bolx from shorters mm's

[timw3] 21/3/2019 22:34

expecting 0.7p + tomm.. HUGE RNS today,,, 10% of 40billion...

for a company valued at £20m can.. crazy

[tomboyb] 21/3/2019 22:08

saxxxon21 Mar '19 - 21:54 - 844 of 848
0 0 0
MMS was suspended today. The 410% increase is solely what the order book reflects. MM have already marked up their take 410% without anyone being able to get in on the action yet. Wait until everyone else starts buying

exactly -

otherwise you would use 10% of the market cap -

[johncasey] 21/3/2019 22:07

6 grand will do me for starters...pack up driving for 12 months working for a rip off london firm

[johncasey] 21/3/2019 22:06

ihavenoclue...how do you work that out? macarthur up 410% so 150% will make us level

[ihavenoclue] 21/3/2019 22:00

John. Nice but I don't think so

[tomboyb] 21/3/2019 21:56

hxxps://www.otcmarkets.com/stock/MMSDF/quote#level-2

[johncasey] 21/3/2019 21:56

up 150% at open so around 1p

[saxxxon] 21/3/2019 21:54

MMS was suspended today. The 410% increase is solely what the order book reflects. MM have already marked up their take 410% without anyone being able to get in on the action yet. Wait until everyone else starts buying.

[orchestralis] 21/3/2019 21:48

D99 kdnc have other investments as well

[amrishbhim] 21/3/2019 21:43

MTFB sorry

[amrishbhim] 21/3/2019 21:41

What has MTFP got to do with these shares,

[dubian99] 21/3/2019 21:37

On that basis befor today kdnc's mcap was zero
another halfwit

[orchestralis] 21/3/2019 21:29

MMS mcap is 56m at 0.19usd per share. Kdnc owns 10% of that 5.6m

[dubian99] 21/3/2019 21:10

Looks like catch up tomorrow billy blx
250% night night

[bill hickman] 21/3/2019 21:03

+410% on the US OTC market gives an idea of what will happen here tomorrow. Up IMHO the only question is how much but still low MC for the news today with Glencore.

[johncasey] 21/3/2019 20:41

big blue day tomoro Macarthur Minerals Limited (MMSDF)
Other OTC - Other OTC Delayed Price. Currency in USD
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0.1898+0.1526 (+410.22%)
At close: 3:59PM EDT

[big bear billy] 21/3/2019 20:40

i say tomorrow close 0.25p

[big bear billy] 21/3/2019 20:40

not even 10% traded.

The amount of dumping will kill any chasers here