Metminco Share Discussion Threads

[tomboyb] 12/10/2017 21:00

In addition I know this was mentioned that if the FS was good and the "1st part" strategy which has the Quinchia Gold Portfolio which includes the Tesorito, Dosquebradas and Chuscal gold targets -

All these put together could well increase annual gold production and mine life -

Hence which is probably why the FS is so important that if right there is very significant upside -

Worth looking at the San Ramón gold mine for Red Eagle and investment for Continental Gold Inc by Newmont for 20% at $109mill -

Well worth checking out comparatively -

[tomboyb] 12/10/2017 20:40

If the FS is good I wonder whether Red Eagle Mining would be interested -

It looks to me is that strategy for Red Eagle is to acquire Columbian assets a.k.a. gold explorers near term -

I know the count mentioned Red Eagle and it looks like a good fit -

[tomboyb] 12/10/2017 20:02

In addition I have added "follow feed" into the header above -

They did receive a permit for underground development at miraflores just a month ago -

Personally I don't think it would have been awarded unless the FS was positive -

We shall see though -

[tomboyb] 12/10/2017 19:58

5 year chart here shows the share price around £2.60 and a massive fall to about 35p and back to £2.20 -

Settled here at 3.75p -

Will be watching ASX tonight -

[luckyvince] 12/10/2017 13:53

Not been here for a long time. Bought back in today.shame i missed the early rise but should still double my money from what i read.

[the count of monte_cristo] 12/10/2017 13:14

Just had a look through all of todays trades listed on the LSE website, quite a few done at 4p. Won't take much to see this really move, be interesting to see whether the ASX reacts tomorrow.

[christy41] 12/10/2017 12:23

TCMC...You do. Anyway nice to see a change of sentiment here.

[the count of monte_cristo] 12/10/2017 12:07

Christy41 - I think I do more than their PR department:)) I just see value here.

[the count of monte_cristo] 12/10/2017 11:36

10p is still cheap as well:))

[tomboyb] 12/10/2017 11:26

Well we have waited long enough for the DFS which is literally round the corner -

We are still at or near all time lows in terms of share price -

[jungmana] 12/10/2017 11:13

Thanks TCMC.been watching closely over last one month. Huge opportunity here to rebound to 10p+ on FS.Good luck to us

[the count of monte_cristo] 12/10/2017 11:03

Good to have you back in Jung, I hope you make a good profit on this.

[tomboyb] 12/10/2017 10:18

2 way trading so far -

What does the count have to say?

its fallen so far BUT has got to almost DFS now whilst shareholder await -

[tomboyb] 12/10/2017 09:49

up 40% so far -

Whats to say DFS next week?

[christy41] 12/10/2017 09:48

I think there is a job for TCMC in the MNC PR department...

[jungmana] 12/10/2017 09:12

Well guys , am in. Despite my views of Howe, I think this gold project is too big to ignore.10p+ could be here swiftly.Good luck to us all

[tomboyb] 12/10/2017 09:08

Hardly anything available online -

And this is tantalisingly close to FS -

[tomboyb] 12/10/2017 08:51

buyers at 2.99p now -

online you buy around 30k at 2.99p so not much stock floating around -

Largely ignored but then perhaps the best time to buy -

[tomboyb] 12/10/2017 07:39

Morning Count -

Indeed.

Some interest today with MNC and online limits show 100k available at 2.84p max -

A bit more interest and this will be blue -

[the count of monte_cristo] 12/10/2017 06:29

ASX rules detail that directors can't buy close to price sensitive news, he bought on.the 29th Sept. Not sure how long the period is. If I was to guess I think we might get the FS on Monday.

This stock is SO cheap that if the FS is good I think we could see a significant price increase. IMHO.

For the price of a brand new Merc or BMW one could become a 1% shareholder in a 2.8m oz gold project set to produce 50,000 oz p/a in 2019.

[chesycustard] 12/10/2017 06:08

What do you think the delay is count?I am wondering if RAM's buy is to blame. Are directors allowed to buy so close to the release of price sensitive news?Wouldn't be in the FTSE350 but not sure on the ASX/AIM rules

[the count of monte_cristo] 12/10/2017 06:01

Copied from pr0t0ns post on the GGP bb.

Gold Road resources sold 50% stake or 3.1 million ounces for 350 million AUSD ($86 dollars per ounce) last year with weak POG.

[the count of monte_cristo] 12/10/2017 05:21

Following share price would equate to the corresponding market cap, none of which are demanding considering the resource, project economics and in the ground resource.

If the FS is good we should really be looking at 10p plus, imho!

4p = £5.1m
6p = £7.6m
8p = £10.2
10 = £12.7
12 = £15.2

[chesycustard] 11/10/2017 20:07

Near US80m NPV for mira alone. Mk cap insane. Who knows what Tesorito and other prospects in columbia hold on top, but indication good.I've been waiting a long time for my champagne with this Co, i'm sure it's time to dust off a bottle...