Minco Share Discussion Threads

[ardtole] 03/11/2016 11:19

Definitly looks promising, prehaps further news from dalradian, moate and xtierra before the agm.

[apfindley] 03/11/2016 09:04

Marvellous news.More progress.

[jdgeus75] 01/11/2016 17:50

@sm9 I have an average of 0.61P. But that doesnt matter. I dont want to be rude but you already lost your money. If you really dont believe in this company (and management) it is really better to sell it and put your money in a "better company".

I also have positions where I made losses. But if I am still convinced that they are undervalued (and even more so now), than I buy more. If the original reason you bought Minco is gone and you dont believe in it anymore, the worst thing you can do is keep your shares - period.

That being said, I personally believe that Minco holds real value and real value will ultimately be rewarded by the market.

[lendmeafiver] 01/11/2016 17:36

Absolutely, current market cap £6m so Dalradian alone with cash in bank makes this worth double current share price without taking into account a single other asset.

[resourceful] 01/11/2016 15:38

the Dalradian royalty must be worth money
Say 100k ounces@1300 an ounce = 130m @2% = 2.6m
bid 10m,then spinoff the other assets

[sm9] 01/11/2016 15:16

Cant afford to take the loss if i could i would have...By the way how long have you been invested in minco and what was your entry price?

[jdgeus75] 01/11/2016 14:25

@sm9 I do see "how". And even have a good idea about the "when". Not to be funny - but if you really do not see how and when, I think it is better to sell - take your loss - and put your money to work in companies that are worth it (from your point of view).

Waiting on something that you have no trust in is often a bad strategy.

But like I said, I do not agree with you and have a pretty good idea about the "how" and "when"

[sm9] 01/11/2016 13:47

Its always jam tomorrow...been like this for many many years, hope it changes so i can get some money back, but i hate to admit it but just dont see how or when...

[jdgeus75] 01/11/2016 13:33

I can imagine that long term shareholders are frustrated. But there is enough information available (about the way Management runs the company) to make your decision to sell or buy shares.

[jdgeus75] 01/11/2016 13:31

I agree that compensation is not high since last year. If you look at their proposed compensations plans in the 2016 AGM documents, it is again very reasonable. Only Warren MacLeod is well compensated

[sm9] 01/11/2016 13:30

Yes exactly EARNING zero...

[lendmeafiver] 01/11/2016 12:09

I would hardly say management are getting paid big wages in Minco, most are earning zero!

[sm9] 01/11/2016 11:33

I hope so, just seems to have gone very quite, i was hopeing to get around 2p by now, then im out! But i wont hold my breath as we have been let down by management for many years on false promises, like a deal with the chinese, but that seems a million miles away now, just hope we get some action with daldrian sooner rarther than having to wait again for many years...but like i said management are still getting paid big wages so why should they ruin it for themselves just keep promising next year...lol

[lendmeafiver] 31/10/2016 16:55

Certainly more to talk about this year, Dalradian - what to do with the NSR, when etc, moate results, Canadian zinc progress and plans given rising zinc prices, Mexican silver sale/strategic process, hence why in Dublin this year, going to be a good finish to the year here I expect.

[jdgeus75] 31/10/2016 16:40

Agm announcement online!

[jdgeus75] 31/10/2016 15:45

We will find out in the coming days ardtole. If they plan to do it this year we should get that news not too long from now

[ardtole] 31/10/2016 15:44

Agm announced on minco website for nov 25 ballsbridge dublin.

[ardtole] 31/10/2016 15:43

We might possibly have to wait until March for the AGM, im pretty sure the maximum length between agms is 15 months, and i think 2 years ago when it was held in toronto between christmas and new year that there was a 15 month gap since the previous agm. I am open to correction though.

[ardtole] 31/10/2016 15:39

Hopefully there is actually some positive news from the next agm, the last two have been particulary vague and uninspiring.

[jdgeus75] 31/10/2016 15:27

@marthy I also expect AGM news soon. Maybe even today after Canadian market close. Last year they announced the AGM on the last working day of October (30st) also after Canadian market close I believe.

[lendmeafiver] 31/10/2016 14:27

Blimey, you are right, zinc really is flying this afternoon

[marthy] 31/10/2016 13:30

Zinc now at $2422 and rising quickly, soon to pass $2500. Lead also rising,now $2084. We have all the ingredients for a few good deals. AGM news in a matter of days. DNA news also due. Hope we have some nice surprises.

[ardtole] 27/10/2016 21:06

Thanks Teemore.

[teemore] 26/10/2016 13:56

ardtole; Tatestown is nw of existing orebody and within 1.5km along Blackwater River towards Kells direction. The current extension to the mine is more s to sw and towards the M3 and about 1 to 1.5km below ground level. World Zn stocks are in significant decline and it can take 10 years to take new discovery to production when surface infra structure is required like in PG in limerick

[bodgit] 25/10/2016 19:35

marthy, fwiw, (this is purely guess work on the back of nil evidence) it seems to me that DALR likely will focus their managerial and financial resources on getting the mine into production - their buying out our 2% NSR is probably low down their list of priorities. Might MIO choose to sell the 2% NSR to a third party? Who knows, though time will tell. Good news on any of the other MIO interests needed too. Good luck all.