Metalnrg Share Discussion Threads

[block4gooner] 14/10/2020 17:58

Offered 0.8 for 3M just before close of day

[moneylender] 14/10/2020 16:36

moneylender14 Oct '20 - 14:05 - 80 of 90 Edit
0 0 0
The sleeping giant is stirring

I did say!!!

[excellance] 14/10/2020 16:28

i think folk are just beginning to see the potential here, in a rising commodities and junior mining sector.

personally i think the new oil deal easily justifies the current sp, but the gold ridge asset is worth probably six times the current mkt cap of the entire business, and when connectivity is proved it'll be worth a whole lot more than that!

[smackeraim] 14/10/2020 16:28

I think the latest deal underpins market cap, along with Gold Ridge in a dormant state., once they are allowed back in Arizona and possibly add a new Gold asset (as per share talk interview) things might get quite tasty

[magtalo] 14/10/2020 16:20

Ok. Something is def brewing here.
Shame its so late in the day.
Can't wait for the morning !!

[cbeadle] 14/10/2020 16:16

I bought in, a relatively small amount, didn’t quite know what to sell, and top sliced a little UFO to do it.

[magtalo] 14/10/2020 15:57

Chart is looking good !!

On next news this should (will) move above 1p.....not long !!!

Couldn't resist a cheeky top up earlier.

MM only selling 12000 shares anything above is negotiated deal.
On the other hand I'm being offered 0.7788 for 700000 shares.

[excellance] 14/10/2020 15:25

yes, interesting, and taking shape, but still a lot of work to do to reveal what the plan is for gold ridge. i am only interested in gold ridge.

Having worked in oil and gas for 20 years i recognise the value of the recent deal at this time in the cycle, and it is a good deal, but again i am only interested in proving connectivity between the 3 abandoned mines and therefore a monster deposit.

[cbeadle] 14/10/2020 15:18

This could be very interesting. Gold Ridge is in Arizona, mining friendly, close to Bisbee and the Mexico border. I still have shares in Liberty Star. The then CEO James Bricoe advised Northern Dynasty when they were searching for the Pebble Project. Liberty Star sold further claims in Alaska, to concentrate on Hay Mountain. His geology was amazing, but Liberty Star got very little done in a long bear market for mining exploration stocks. Nowadays I concentrate on companies like ARCM, CHF and BMV where the board members have expertise yet specifically risk their own resources in accomplishing tasks

[excellance] 14/10/2020 15:03

wait til news of the next deal comes out!

80)

[lew stules] 14/10/2020 14:59

Chart starting to look interesting.

[excellance] 14/10/2020 14:44

80 posts on this thread since nov 2019 suggests still fast asleep

[moneylender] 14/10/2020 14:05

The sleeping giant is stirring

[excellance] 14/10/2020 11:20

Update re gold ridge promised by mid October. No discussion about GR in any recent interviews, no progress reported.

GR stands out in the portfolio as an anomaly in that it isn't an energy metal, so is it about to be spun off so that MNRG can focus on O&G accreditation and building the energy metals business up?

NDA in place maybe?

Oil and gold don't mix...normally.

[excellance] 12/10/2020 19:30

not particularly impressed with the share talk interview, he didnt really say much other than the o&g thing was a stepping stone, he would create several special vehicles, and, more projects would be added including another gold asset.

he also said that the arizona asset was main focus "day job" and that all the projects would hopefully offer significant exploration upside.

i thing mnrg will add eurasia mining's STP to their portfolio.

[magtalo] 12/10/2020 18:19

Data on payments of petroleum licence fees by licence in 2018 (as reported by OGA)

PL199 £8000
PL215 £22080
EXL141 £16200
EXL294 £5640
PEDL090 N/A
PEDL209 £16025

[fart_conductor] 12/10/2020 15:18

hxxps://www.share-talk.com/rolf-gerritsen-ceo-of-metalnrg-plc-mnrg-l-interview/

[fart_conductor] 12/10/2020 10:56

A Goldmine with historic exraction potential and an oil and gas play no debt, mcap £2.5m, out of kilter somewhat me think

[fart_conductor] 12/10/2020 08:47

Share Talk interview should be interesting,

as atm they may as well have anounced the tea lady farted than an O&G acquisition

[excellance] 11/10/2020 04:34

The gold assets in arazona have taken a back seat lately, apparently due to covid restrictions or limitations, or possibly due to the oil company distraction...

Yes, news is overdue re arazona, where the real game is to prove connectivity between the three mines there and hence a much bigger deposit than stated.

[smackeraim] 09/10/2020 18:36

Gold news soon then.."I look forward to catching up with share Talk, with more detail on the transaction that we just announced, further developments on Gold ,which remains an area of total focus and will deliver additional news flow shortly"https://twitter.com/rolfgerri/status/1314605862917472257?s=21

[barts] 09/10/2020 16:39

About bl##dy time you got here your excellance; thought you were losing it for a minute ;-))))))

[excellance] 09/10/2020 16:29

mkt cap of just £2.6m yet there is actually two companies here