Share Name Share Symbol Market Type Share ISIN Share Description
Medavinci LSE:MVC London Ordinary Share GB00B06LPZ62 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.87p 0.00p 0.00p - - - 0 06:37:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.7 -0.2 - 4.31

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Date Time Title Posts
09/6/201510:21Traderabc Music Video Channel262
29/5/201112:42MedaVinci - Orogen Gold focus 2010 onwards2,490
08/3/201113:27Orogen Gold NEW MICROCAP GOLD EXPLORER1,086
15/9/201022:57MVC Orogen Gold5
28/2/200718:26Medavince with Charts & News3

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marab: Jenny Tulwought, as Drew points out we haven't had that much of a retrace and the last few days have hit most stocks. The potential is definitely there and it is amazing how the nearer we get to news(the sampling results) the more people sell off due to boredom and lack of news (same at BMR and KEFI). Most of them will jump back in on the next spike and repeat the process. The only thing that has changed here is the share price and the fact that we are closer to the testing results RNS. Neither of those are reasons to sell unless you have no choice. Look at the graph and see how far we have come on no real news whatsoever. The big news is yet to come, and I am not only holding but buying a few more. Watch how the share price moves up in the next couple of weeks.
rico_suave: It is common sense nothing goes up in a straight line there has to be a retrace somewhere. The gold price has been at an all time high but it declined now is retracing. We shouldn't concentrate too much on the share price. We own a piece of MVC that is what is important. I am no expert but with all the inflation the gold price will continue its uptrend and not just for weeks, months, but for years to come. I bought low and want to sell high but for that to happen I have to be patient and see what MVC Orogen gold does. A lot of people have taken full advantage of opportunities like this and bought on or added to their holding on dips which seems the wise thing to be doing at this moment in time. carchase - good luck to you as well
trading_chimp: From another place Patience Jeremy L 2 View Author's profile | Add to favourites | Ignore | Author's posts It is my view that the potential here is fantastic, its just a case of sticking with it for a bit longer than a day, a week, a month and even a year. Clearly the biggest uplift in share price with any junior miner is during the exploration phase and booking of reserves, you can look at any junior miner in precious metals, base metals or oil and gas and the biggest gains are achieved when reserves are discovered, appraised and booked. The beauty of MVC is that we already know there is a lot of gold in the deli jovan area as there are two gold mines that have prior to WW2 produced a billion dollars worth of gold at todays prices. Im betting that there is at least the same again left in Deli Jovan if not a lot more. A 10km trend is a very long way and thats what the deli Jovan gold field is. Im a bit of a dreamer and Id like to think that a large amount of that 10km trend has the bonanza grade gold seam running through it, if it does then the potential here is hard to comprehend! Medavinci and Orogen are in the exploration business and it is clearly their plan to appraise Deli Jovan properly before going into production. The great thing is, if they want to go into production to raise some cash then they can do that as well if they need to raise some cash. For me its a great combination to be able to be cash generative and to appraise your acreage at the same time. Maybe Medavinci will be a bit like Arian Silver in time and have an active gold mine funding an active exploration programme. Ive taken the opportunity to buy more today on the sell off. Cheers Jeremy --------------------------------------------------------------------------------
saturdaygirl: Where will MVC share price be by end of January 2011? Is certainly holding its own right now ..
craftyspeculator: Avala is a good proxy for MVC. Biggest difference is that Avala Resources has plenty of cash on balance sheet, but even stripping this out makes MVC's market cap. look too low, relative to another company operating close by in Serbia. Avala share price has popped up in recent times, so perhaps Canadian investment community taking a closer interest in the potential for gold/copper in Serbia. Where will MVC share price be by end of January 2011?
leaderzzz: cyprus steve, its the first thing on my shopping list when I look at a company, straight to their website! I have given a bit of grace with MVC and to be honest, When MVC do change their website obviously that will also reflect in the share price! Any BOD from MVC or person incharge of web stuff feel the need to have someone design their website, feel free to have a look at a few I have done! or just go to ciao'
marab: CPS - I confess to having sold my RRR by accident (don't ask) but put most of the cash into RGM, the share that keeps on giving. The ratio of RRR share price to RGM has gone from 3 to 1, to 2 to 1 and looking like it might get closer still. The rest went into DXR. So like you I have almost everything in RGM, DXR and MVC. There are one or two other companies I would like to buy shares in but that would mean selling up one of the other three and I can't bring myself to do that. RGM could do great next week, DXR within a couple of weeks and MVC sometime in the future could be a really good multi bagger. It's actually boring to be in good shares like these because all you really have to do is wait. On the other hand I have stopped losing money by flitting from share to share. It's also easier to keep up with news flow. Apologies for O/T but I am guessing most here are in RGM, and at the very least having a look at DXR. I am thinking of charging the rest of you some kind of levy because every time I buy some more MVC the price drops. Anybody feel like there has been a big seller here, perhaps one of the original investors? We keep buying but there doesn't seem to be a great shortage of stock although, unlike some of you, I am useless at working out what's happening from the trades and spreads. I would think test results of any description will lift this share to a new level though.
v1d: Paralysis by analysis (I've got more cliches than you could shake a stick at). The share price has been driven down pretty hard these last few days. Unless potential placees for new shares had made a promise but were skint, they would be shooting themselves in both feet by dumping like this. The same would be true of the original shareholders of Orogen, although they only had 62,500,000 Medici shares between them. The drop in the share price over the last couple of days had been led by a steady drop in the Bid price, but the Offer has been much slower to follow. The MMs would appear to be trying to stifle trading by widening the spread. I haven't tried dummy buys or sells yet to see what the true market size is right now. I'll do that. The MMs would, I think, balance their books at the end of the day on this kind of share - sometimes, I suspect, they will leave an open short position if a stock has spike up, but I doubt that that they would bother with the risk of having an open book on the long side with a share that is falling. I'm still with the PIs running for the door, but I'll hold my hand up if I'm wrong.
1nv35tor: some of you might find this interesting Ever since I started trading I have been trying to work out exactly what causes prices to move and therefore make it easier to predict when & how they are likely to move. There have been a few threads dedicated to market makers in the last few months, but there were still some questions that, for me, remained unanswered. However, after trawling the internet for a few hours, I found the answers to my questions! I have posted the article below for others' information and comments... 1. What are Market Makers? a. What are Market Makers? i. Market Makers are companies who have agreed with their clients and who have been approved by regulators to "Make a market" in the shares of the client. b. Who are the Market Makers? i. They are usually large international banking organisations, usually with thousands if not tens of thousands of employees' worldwide. c. What is the job of a Market Maker? i. Simply it is to make a market, i.e. to ensure that there is always a market in which investors can buy and sell shares of the clients they are Market Makers for. d. Who is a Market Maker responsible to? i. Their shareholders. ii. Their clients. iii. The broker with whom they are entering into a contract with. iv. Whilst not strictly "responsible to" the regulator the Market Maker has to be able to demonstrate that the obvious conflict of interests arising from this list are dealt with in an appropriate manner, and that no one is especially advantaged or disadvantaged. e. What is a client in the Market Maker context? i. The client is the quoted company. Quoted companies have contracts with the Market Makers in their stock. 2. Market Manipulation or doing their job? a. Do Market Makers manipulate the market? i. "Market Manipulation" is an emotive term, and conjurors images of shady deals and exploitation. Market Makers are not elusive companies that appear then vanish overnight. Market Makers are duty bound to make a market and to meet the needs of those they are responsible to (See 1d.) to this end they may try to influence the market. b. How Do Market Makers make their money? i. Market Makers make money from buying shares at a lower price to which they sell them. This is the bid/offer spread. (See 4.) The more actively a share is traded the more money a Market Maker makes. c. Surely a Market Maker raising/lowering the price on news/rumour without any buying or selling is manipulating the market? i. No, not really. If the Market Maker was to keep the price steady on the release of news they would find themselves with lots of buys or sells which they had no choice but to fulfil at the screen price but before they could find matching orders (buys for sells, sells for buys) they would have to change the price and they would then loose money through market exposure. This is bad for them and for us. (See 3.) d. Why do Market Makers raise prices on Monday morning for shares tipped in the Sunday press? i. This is the same as question 2c, because the Market Maker needs to ensure that there are enough sellers to fulfil the needs of the buyers responding to the tips. e. Suppose my screen shows all sells and the price is increasing, what is the Market Maker doing? i. An explanation of this phenomenon is given for Tadpole, which very briefly shot up to 73p before settling back comfortably to the 50p support level. The likeliest explanation is that the Market Maker had an Institutional order to fill and no stock to fill it with (this trade would not have shown up on peoples screen until somewhat later), under thier obligations to create liquidity in the share the Market Maker is obliged to gather a stock holding, only possible if they can encourage people to sell, which can be achieved by raising the price. The order is likely to have been large enough to be significantly outside the NMS thus allowing the Market Maker to gather a fairly significant premium on the price (probably being some-where between 50p and 73p allowing the Market Maker to offset gains against losses and still profit). Once the order is filled and the market volumes return to thier "normal" levels, so does the share price. f. Do Market Makers ever lower prices to "panic" investors into selling, sometimes called "shaking the tree"? i. Yes, moving the price up, encourages sells, moving it down also encourage sells, take another look at Tadpole, in the first instance, the price was hiked way up despite the 50p support level, but at 50p few of the people who got in between 20p and 45p are going to sell (and look how many buyers there were still at 50p), the rise was meteoric, smart money just ignored it as it only lasted about 2 hours, but what was probably caught was huge investors who were in way before 20p and had forgotten about it, now they want out. The Market Makers order gets filled, the price settles back to a smart support level and volumes decrease, however the Market Makers gets another order to fill, maybe not so big, maybe not so prepared to pay the premium, but you also know that there are a lot of people out there waiting to see if it's going to shoot up past the 50p support level again or dip and if it dips they're going to sell now before it dips back past their 100% profit level. g. Surely delaying the posting of trades is Market Manipulation? i. This was allowed as part of the SETS trading system when institutional investors pointed out that with 100% transparency, any other institutional investor would be able to trade against that position which would put their client holdings in jeopardy. Further, with 100% transparency, if it could be seen that an institutional investor was (for whatever reason) adjusting a large holding in a particular company it could also scare private investors into selling or alternatively encourage them to invest without doing thier own research. Both scenarios lead to either over- or under-selling and an inaccurate reflection of the company in the share price as a direct result. h. Do Market Makers try to reduce volatility? i. Sometimes, usually at the request of the client (see 1e), this is mostly done by increasing the bid/offer spread therefore discouraging trading especially by day traders and also by marketing the clients shares to institutions in the hope they will take up long term positions. ii. By asking their client to reduce the number of news releases. i. Do Market Makers encourage liquidity? i. Yes, partly because they have a duty to their client to ensure an active marking in their clients shares, and partly because they have a duty to their shareholders, it is only through trading/liquidity that Market Makers make money. j. How do Market Makers encourage liquidity? i. Partly just by being there, by being the enabler to liquidity, they will always buy or sell shares if you want to. ii. By narrowing spreads. iii. By encouraging their client to produce news releases. 3. Are Market Makers risk adverse? a. Does a Market Maker hold "stocks" of the shares they make a market in? i. No. Market Makers are there to make a market, not to act as some form of stock control system. At any one time a Market Maker is likely to have a position in the stocks they are the Market Makers for, but this position could just as easily be short as long. However having a position (of either persuasion gives market exposure and Market Makers try to avoid this.) (See 3d.) b. Can Market Makers take a short position? i. No and yes. Market Makers are not supposed to allow themselves to go short, but in process of making a market they may well find themselves short of a stock. If this happens a Market Maker has a number of options, purchase from another Market Maker, fiddle with the price in the hope that enough sellers will emerge to cover the short or borrow the shares from an institutional investor. c. What is market exposure? i. Market exposure is the amount of money you have exposed to the vagaries of the market, i.e. the amount of money you could loose or gain from your positions open in the market. d. Why do Market Makers avoid market exposure? i. Simply because a Market Maker who is over exposed to the market is giving systematic risk to the whole market. Ill explain... If a Market Maker was to take up lots of large position across the whole range of shares they make a market in then if there was a market crash the Market Maker may find themselves bankrupt (ala Nick Leeson and Barings) and therefore unable to make a market. Once there is no longer a market the shares will become pretty worthless (if you cant sell something, at any price, what is it worth?), this in turn could force other Market Makers to go bankrupt and the whole thing would spiral down into a very unpleasant mess. We would all loose vast amounts of money from our pensions, endowment policies, insurance funds, Unit Trusts, Investment Trust and direct equity investments, in addition to which an important source of cash for companies would vanish! 4. Prices; how do they work? a. What do the on screen prices reflect? i. The prices you see on screen are the best prices currently being offered by any and all the Market Makers for the share you are looking at. b. Why do spreads change? i. Market Makers can and do change their spreads, but nowhere near as often as you see the spread change on the screens. (See 2h.) ii. The main reason that spreads change on screen is because the screen shows you the best prices on offer. c. Why are some spreads so large? i. The stock may be very volatile and the Market Makers needs to protect themselves from sharp price movements and market exposure. ii. The client (see 1e.) may have asked the Market Makers to reduce volatility. iii. The price and NMS combination maybe so small that the Market Makers need a large spread to ensure that they cover their costs and make a profit. d. What's an inverted price? i. The prices you see are always "the best prices" it is possible that Market Maker A is offering to sell the shares for less than Market Maker B is offering to buy them at. Normally the reverse is true, so this is know as an "Inverted Price". e. Do Market Makers have to buy and sell at the quoted prices? i. Yes, so long as the quantity of shares you want to trade is equal to or less than the NMS. f. How come my broker can sometimes get a better price than those onscreen? i. Basically because Market Makers compete with one another for business. When your broker calls the Market Maker he is giving them the opportunity to 'bid' for the business, the Market Maker may well improve on the price on offer via the screens. The Market Maker only makes money when they are buying and selling, so the Market Maker will prefer to see the business go through their books at a reduce margin than allow it to go to another Market Maker. g. What is Normal Market Size (NMS)? i. It is the quantity of shares for which the Market Makers are quoting prices. IE for which the prices are valid. h. Why don't Market Makers set a price based on intrinsic value? i. The first person that comes up with a calculation that is 100% accurate for 100% of quoted companies is going to be very rich indeed. Market Makers no more 'know' the intrinsic value of share than you or I do. ii. If they got the calculation wrong everybody would be buying or everybody would be selling, leaving the Market Maker with huge market exposure. iii. Intrinsic value is still a notional value, since surely something is worth exactly as much as they highest bidder is willing to pay. iv. Many investors value "in fashion" shares at far more than the traditional "intrinsic" valuation methods would yield, again this would lead the Market Maker having huge market exposure. i. How come I don't see my trade listed? i. Trades for less than 3000 units don't have to be reported. ii. Some stocks don't have to have trades reported. iii. Your broker has batched up your trade with others. iv. Your trade was large enough to cause the Market Maker to treat it differently, it will be reported at a later stage. v. Your broker arranged the trade via an alternative to Market Makers. j. Do Market Makers make money from the raise or fall in share prices? i. Probably not. Market Makers make money from trading, at all times they try to minimise the open positions they have, so the actual price of a share is of little consequence to them. (See 3.) 5. What have the Chinese got to do with all this? i. Most Market Makers are part of huge financial organisations, and these are made up fund managers, investment advisors, brokers and much more besides. In order to stop these people from exchanging information with each other (which would lead to breaches of client confidentiality, insider trading and much more besides) artificial and procedural rules are drawn up dictating what can be said and when. These rules are know as Chinese Walls 6. Competition and Alternatives a. Is there an alternative to Market Makers? i. Yes, Matched bargain trading. ii. Electronic Share(?) Networks. b. Do Market Makers compete with each other? i. Yes, but it's an incestuous business like many and Market Makers will on some occasions work together for a common cause and others will find themselves head to head, things can change quickly in the morning two market makers could be shaking each others hands, in the afternoon they could be trying to cut each others throats. Taken from ] If you've read this far, you must have found the article as informative as I did!
spurberry: Guys apologies for stupid questions but wander if someone could help or point me in the right direction with below questions: 1. is the 49% stake in this old mine been signed off yet? 2. is this exploration area is owned by a canadian company how can we buy a stake without buying from them? 3. will mvc start mining from the old mine while exploring? 4. has mvc started any exploration as yet? 5. what news is expected in the short term here to propel share price from current levels and where do people expect share price to go short term? 6. solg had great grades are the grades here really better than theirs and is the estimated ounces of gold or from previous jorc? Thanks in advance guys and I will research tonight once at home.
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