Minco Share Discussion Threads

[bodgit] 26/4/2016 12:41

jdgeus75, thanks for your response, appreciated. Potentially becoming a world class royalty will, I hope, be converted into an actual world class royalty leading at some point to a cash return to shareholders. I have been here long enough to have seen the Pallas Green sale and subsequent MIO actions in 'spending the money' which has yet to yield a decent return rather than the substantial reduction in shareholder value (as measured by the SP) I have endured. Good luck all.

[jdgeus75] 26/4/2016 11:21

Bodgit, they are comparable in a sense that all royalty and streaming companies are looking for their next investment into a stream or royalty on the the basis of future annual cash flow. The Yahama copper operation is not comparable to Dalradian's gold development project, but I gave the example to place potential 2% NSR cash flow in perspective.

A better example may be the USD 17.25 million investment by Osisko into Barkerville for a 1.5% NSR on the Cariboo Gold Development Project. Or the USD 8 million investment by Greenstone into Excelsior for a 2% NSR on the Gunnison Copper development project.

The main point is that the 2% NSR on Curraghinalt will potentially become a world class royalty, especially considering the expansion potential of Curraghinalt (within the ''area of interest'' of the royalty). Refer to the original royalty contract for more information about this ''area of interest''.

[lendmeafiver] 26/4/2016 09:23

Bodgit I think you are confusing a discussion about the potential future value of the NSR rather than a discussion about what the NSR is worth today. Share prices are always a reflection of expected future value so once the market becomes certain of production over at dalradian then something along the above lines should start to be reflected in the share price.

[bodgit] 26/4/2016 08:01

jdgeus75, are the Altius Yamana copper project and Minco's Dalradian NSR of 2% comparable? Looks like apples and pears to me. Would be delighted if MIO obtained even £10 million for our 2% Net SR of a mine that is not yet producing any gold. Time will tell and in the meantime, good luck all.

[lendmeafiver] 26/4/2016 00:24

Absolutely jdgeus, huge upside here based on Dalradian alone which is looking increasingly likely to happen as indicated by Dalradians market cap, the NSR is, well was, the sole reason for my own investment here, I like some of the other projects now also but the NSR is what it's all about for me and isn't far away in terms of timescale also. As each month goes by I'm steadily adding to my sipp shareholding here at sub £5m market cap which I think is phenomenal value.

[jdgeus75] 25/4/2016 21:59

To place Minco's 2% NSR in perspective.

Average ounces to be produced at Curraghinalt per annum: 165.000
165.000 ounces * 1570 Canadian Dollar gold price : 259 million canadian dollar revenue
2% NSR of 259 Million C$ : 5.2 million C$ Per year

Altius Minerals just closed a deal to pay 60 million US$ (76 Million C$) + 400.000 warrants for a stream that provides a cash flow of 8-9 million C$.

If 8-9 million C$ Per year is worth 76 million C$ + 400.000 warrants, how much is future cash flow of 5-6 million C$ worth (read: minco's 2% NSR).

[richgit] 24/4/2016 02:28

Minco Management certainly have some decisions to make.

Some of you have probably read that Deutsche Bank has recently admitted to Fraud and Manipulation of PAPER Gold & Silver and is going to whistleblow on others as part of their deal.


The court cases are going to line up.

Rotting in the TSX-V graveyard is XAG which is arguably a victim of what has been a 20 year Manipulation of Silver where today the paper shorts are at the highest in 10 years in a Fraud that is now an obimination of blatant criminality.

JP Morgan has skimmed off some 350Million ounces in their Market Fraud,for their
own account,which no doubt they intend to release at $100 per ounce

We cannot turn the clock back,yet of course if the most blatant frauds in History had not reduced Silver to such price levels- what value would XAG have enjoyed ?


As Silver will eventually explode and could easily see $100 per ounce in time,
the assets at XAG could rise immensely even if it just sits there waiting
for say $40 Silver to raise finance in what will be a Silver Frenzy Market.

To do that the Market needs to know how XAG will be funded to be able to sit there.!!!!

Ironically XAG "could" be still worth Millions to Minco and I will Guarantee
we will all look back with anger if they don`t recognise the fact.

Also ironic that MIO was once the purest Silver play on Aim,yet when the Silver
Frenzy takes place We dont even know if they will have any at all.

There isn`t a single Aim Silver play I can find that is worth looking at.

How did it come to this,and how did JP Morgan et al get away with manipulations
that are so blatant it is embarrassing ?

Many will know when Deutsche sings,yet also all manipulations eventually blow
up,and silver could potentially explode.

[ardtole] 22/4/2016 09:35

I thought the statement was "minco has attracted the interest of one of the biggest emm producers". Personally I would prefer if Minco had more than one iron in the fire, but if a deal is struck I will be happy.

[sm9] 21/4/2016 20:13

No names given apart from the statement "the biggest producer in china". They winr give names unless it is a full done deal...

[ardtole] 21/4/2016 19:39

I didn't hear any details Of who minco were negotiating with regarding Woodstock.

[sm9] 21/4/2016 14:03

When dealing with the biggest player in town (which they are) theres no need to deal with smaller fish (so to speak), could also undermine any trust\relationship being built up with the interested party...so i dont particular see is at a negative, they know what they have and so do the chinese. ( a perfect foot hold outside of china)

[ardtole] 21/4/2016 13:19

I think a deal will be done on woodstock, my biggest concern is that the Chinese hold all the aces, there does not seem to be interest from elsewhere, which restricts mincos negotiating position.

[jdgeus75] 21/4/2016 12:50

Even though the Chinese did not take a stake directly, I still think this Manganese deposit may get some further interest in the future. Some deals take a year or more to negotiate and you never know what may get out of this. Especially because most Manganese mines are in China, this one may be of strategic importance, even though the PEA numbers were not super impressive.

[ardtole] 21/4/2016 12:14

All we know about Woodstock is that the Chinese have conducted a due diligence process and no further action was taken due to problems in the chinese economy.
In the meantime minco are looking at ways to reduce the prohibitive capex costs.
I think a good deal for minco would be a sale of the Plymouth deposit, leaving them with funds to explore the Hartford north and Hartford south deposits. I'm not sure how likely or practical this arrangement would be though.

[jdgeus75] 21/4/2016 11:46

Nice order of 197 shares worth less (2 pounds) than the transaction costs :). We can expect a resource update from Dalradian around mid-May and a feasibility study by early October. And if the gold stocks keep performing as they are now the Dalradian market cap may drive the Minco share price as well. I am also curious about Woodstock. Will the Chinese try to get a stake or will the Canadians try to keep it within their own hands? Nice risk/reward play here.

[ardtole] 21/4/2016 11:38

Unlikely to hear from dalradian until late this year. Are we likely to hear from Buchans or Woodstock over the summer months?

[djb3] 21/4/2016 11:33

Would have thought an £8000 buy would boost share price slightly.

[sm9] 21/4/2016 10:50

Some good orders are being filled where ever there are any spares shares floating about...should see a nice tick up again..

[lendmeafiver] 20/4/2016 17:10

I guess we have gone over the dizzy heights of £5m market cap today

[lendmeafiver] 20/4/2016 10:16

Ardtold, I would guess you speak to your broker and tell them you have a large trade for them to work through the system, I just know when ever I have tried to buy anything over a few hundred thousand shares here my online broker system says can't complete please call broker, or something like that.

[ardtole] 20/4/2016 10:07

A couple of years ago minco were looking to trade on the tsx market, I presume that notion has passed because there has been no mention of it recently.

[jdgeus75] 20/4/2016 10:03

through a broker

[jdgeus75] 20/4/2016 10:03

I prefer a slow and steady rise instead of a pump and dump.

[ardtole] 20/4/2016 10:02

How can you deal directly with mms?