Metals Exploration Share Discussion Threads

[thx1138] 24/10/2011 11:28

Am I really the only one left?

[thx1138] 24/10/2011 09:18

On first glance promising news, time to digest further, and maybe add some more.

[thx1138] 24/10/2011 09:15

On first glance promising news, time to digest further.

[aim_trader] 26/9/2011 18:07

Thanks Lucky, also here:

Back into production: The Runruno Gold Project, on the island of Luzon in the northern Philippines

[lucky_punter] 26/9/2011 13:39

Metals Exploration's Holzberger says "we are back in business full-time"
After a delay not of his own making, the Metals Exploration chairman has his eye firmly on the main prize - getting the Runruno Gold Project in the Philippines into production as quickly as possible.

[lucky_punter] 26/9/2011 13:39

Metals Exploration's Holzberger says "we are back in business full-time"
After a delay not of his own making, the Metals Exploration chairman has his eye firmly on the main prize - getting the Runruno Gold Project in the Philippines into production as quickly as possible.

[lord badger] 26/9/2011 12:46

If anyone is interested in taking a look at Runruno, the following coordinates put you pretty much at the top of the hill where they will be building the mine: 16°24'52.10"N, 121°20'19.33"E. If you use google earth you can see the whole area and topography.

I believe the current plan is to start extracting to the west of this high point, between it and the river. The processing plant looks to be on or around the chin or nose of the cartoon character drawn by the path of the river - quiff, nose and chin pointing west.

Makes it real.

[aim_trader] 26/9/2011 11:34

9:40 am
"Metals Exploration's Holzberger says "we are back in business full-time"

"After a delay not of his own making, the Metals Exploration chairman has his eye firmly on the main prize - getting the Runruno Gold Project in the Philippines into production as quickly as possible."

[billy liar] 05/9/2011 14:12

bradley,

You can find the article on the t1ps website (subscription required)

[thx1138] 01/9/2011 15:16

If this could just spend a few more days creeping up will be looking at a lovely golden cross on the chart, would help if it were reinforced by some volume.

[mikey34] 25/8/2011 14:19

I agree wiseacre.

[wiseacre] 25/8/2011 11:40

This company appears to have disappeared off the radar screen with no PR and practically no presence in London. I am told they have appointed Fairfax as their new broker, a lousy choice. Nevertheless the shares look a steal. Steal is what the Candy brothers tried to do but failed to get away with. Anyone else with any sense should raid the sweet shop too.

[pelleeds1980] 26/7/2011 13:26

Looking even better hope noone fell for the 13p offer

[pelleeds1980] 22/7/2011 11:39

Cracking chart now..

[giantpeach2] 22/7/2011 11:26

why has advfn got market cap at 91 mil!!!

[schweinswal] 17/7/2011 13:24

bought some ASX:LIN

Lindian Resources is active on MTLs former Masapelid asset on the philippines (the complete iland!!!)

very strong management (Brian mcmaster, Steven Leithead, Matthew Wood)
it is worth to search on google for this persons




(still under construction)

[mikey34] 22/6/2011 10:27

Yes.This is very good news.

[rizzzla] 22/6/2011 07:06

excellent news

[holism] 05/6/2011 18:50

Well clearly this is without doubt an undervalued mining company.

[ssadim] 05/6/2011 18:17

Runruno gold-molybdenum project at the Philippines Mining Luncheon




The Philippines Mining Luncheon on June 10 will be a presentation by Ian Holzberger of Metals Exploration on its Runruno gold-molybdenum project. This is the company's principle asset, on the island of Luzon in the northern Philippines. Work to date has defined a resource of 1.39 Moz of gold, and 25.6 Mlb of molybdenum with 1,050,000 oz gold reporting to the Measured and Indicated categories and 900,000 oz gold within the Mining Proven & Probable Reserve category. The company acquired the project in February 2005 and holds an 85% interest with an exclusive option over the remaining 15%. In May 2010 the Company announced the results of the Runruno project Feasibility Study which confirmed the viability of the project, projecting average production of 96,700 oz of gold per annum over a mine life of 10.4 years, at an average forecast operating cost $477/oz gold before any molybdenum credits. The capital cost is forecast to be $149.3 million, with payback within 3.5 years at $1,000/oz gold. The Runruno project will be an open pit operation, and will use the proven BIOX® and carbon in leach processes to recover gold and molybdenum.

In March 2010 the Company announced the award of the Environmental Compliance Certificate (ECC) for the Runruno project, which was issued after satisfactory evaluation of the project's Environmental Impact Statement by the Philippine Environmental Management Bureau. The ECC process was conducted with the full participation and involvement of the local community, and under the ECC the company is committed to implement measures to protect and mitigate against any adverse impacts on the health and welfare of community and the environment. Securing the ECC is a significant point, following the award of the Financial or Technical Assistance Agreement, demonstrating continued support from the Philippine Government for the development of the Runruno project.

[mikey34] 30/5/2011 08:14

agreed rizzla.If Solomon were so keen at 13 it would seem logical that it should go a fair bit higher.

[rizzzla] 27/5/2011 12:59

took a few over the last few days at 13 ish pence its a good risk reward