Metalnrg Share Discussion Threads

[smackeraim] 08/11/2019 08:38

Just let things unfold, still a tiny market cap for what could be a revenue generating gold miner in a very short time frame! Brilliant.There's explorers with tons of debt and no chance ever of pulling gold out the ground - with market caps 5x and more of this.

[smackeraim] 08/11/2019 08:28

Who cares dp.

[dplewis1] 08/11/2019 08:19

Volume not as high as I thought but I'm enjoying the rise. Are the twitter ramp crew on it yet??

[daar] 08/11/2019 08:10

Pump is on :)

[smackeraim] 08/11/2019 08:09

Good morning. Nice blue day hopefully:-)

[oakville] 08/11/2019 07:57

Could do with breaking out of this range...….

[oakville] 08/11/2019 05:09

A pretty safe bet here in times of uncertainty. Very early days, with Arizona unaffected by strikes or bad weather. The history of gold in the region is incredible.

[oakville] 08/11/2019 05:06

It really is worth doing your homework.

[smackeraim] 07/11/2019 22:21

Sorry not share as fees there, his investment my bad

[smackeraim] 07/11/2019 22:20

Not meant as a ramp BUT. .. lol If we take the Ceo Rolf saying currently priced as a cash shell in video early october..And we know it used to trade above 1p on NEX .. and Winston Gold were happy to take bulk of payment in shares of MNRG for Gold Ridge at 1.75p .. And we look at all those warrants 0.6p, 2p, 3p..And as recently as last year when he was taking shares as fees.. this text below is from his warrants ..We can maybe begin to make our own minds up on a price by xmas or early 2020! dyor etcPursuant to his equity investment in the Company as announced on 23 February 2018, on completion of his investment Rolf Gerritsen will be issued with 2,500,000 warrants. The warrants will have a term of 36 months from the date of grant and will be exercisable at 3p per share.

[smackeraim] 07/11/2019 21:34

Up down up down lol. Who knows. All we know is there's eyes on this and we are moving closer to monetisation news. Getting interesting

[dplewis1] 07/11/2019 21:30

That's my expectation, but hard to tell. People only had 10 mins or so to react to the news earlier so it might get chased higher in the morning.

[lgraham86] 07/11/2019 21:27

Whats people thinking tomorrow even more interest after the rise?

[bullrun1] 07/11/2019 21:04

Thanks, sounds quite interesting. GLCheers

[smackeraim] 07/11/2019 20:29

Yes mate they own it outright.

[smackeraim] 07/11/2019 20:28

It’s also worth noting they have over 1.4 million in funding available from warrants starting above 0.6p.

See website:





Should all the outstanding options and warrants outlined above be exercised the Company will receive additional funds of £1,491,250 and the fully diluted Ordinary Shares in issue will total 431,985,632 Ordinary Shares.

[lgraham86] 07/11/2019 20:27

They own 100% of goldridge though dont they

[bullrun1] 07/11/2019 19:32

Evening, looks like you had a decent day, looks a promising company now.What's there cash position like atm.Thanks in advance

[lgraham86] 07/11/2019 18:48

Hoping for a cobra listing aswell by end of november not sure if thats going to effect the share price or not though

[block4gooner] 07/11/2019 18:38

Your advice earlier was:."No advice from me bud. You have to decide that. I think there's excellent value anywhere at .30 or under .. and see good upside for a medium term hold. But it's not without risks :-) dyor".If that's pumping then I am a monkey's uncle :)

[smackeraim] 07/11/2019 18:33

Interesting fact and food for thought.When they were listed on NEX and acquired Gold Ridge from Winston Gold, Winston took the bulk of the payment in shares, and were happy to accept 1.75p per share.Since listing on main market this has been overlooked somewhat.."The balance of the consideration will be paid to Winston Gold no later than 30 October 2018, as follows: -- US$500,000 will be paid in new MNRG ordinary shares which will be issued at a fixed price of 1.75p per share".hTTps://www.metalnrg.com/investors/regulatory-news/119-metalnrg-plc-acquisition-of-gold-ridge-project-2018-07-25t092929797z

[oakville] 07/11/2019 18:17

Nice move...

[dplewis1] 07/11/2019 18:05

Weird time to do an RNS, but good if you're quick or in already I guess..