Minco Share Discussion Threads

[keya5000] 15/11/2016 18:22

Zinc is firming up just below 1.2 and making plays above such.

If Zinc gets to 1.5 I reckon that is when you get the 20-25m mcap, it will not do it in a single move though and likely that appreciation is in progress now.

2.5p is a short term target to reflect value now, then onto 4p if Zinc keeps going.

[jdgeus75] 15/11/2016 18:17

Fully agreed lendmeafiver. But my point is that everyone was negative over the past weeks - and now suddenly everyone is positive because there are one or two buyers accumulating.

The situation didnt change.

If Zinc prices continue to rise, Minco could well be worth GBP 20 - 25 million which is more than 4P per share

[lendmeafiver] 15/11/2016 18:08

I get where you are coming from jdgeus75, although I still think £8m current market cap is remarkably cheap given the cash, no debt, the Dalradian NSR, silver in Mexico, zinc in Canada etc, £20m+ market cap would seem more appropriate given rising zinc prices, advancing Dalradian and politicians now going for growth.

[jdgeus75] 15/11/2016 17:43

When a company (read: Minco) is for sale (read: low market cap and low share price), people don't like it and are pessimistic.

When exactly the same company (read: Minco) is not for sale anymore (read: higher market cap and share price) people like it again and are optimistic.

Lesson one: buy low and sell high

[keya5000] 15/11/2016 16:33

LOL.

We do agree that this is very cheap though.

[apfindley] 15/11/2016 16:25

Lol keya.I better stop or I'll be earning a stripe.

[keya5000] 15/11/2016 16:21

I ticked you up for that APF, good ramp.

Well done.

Like the 25m mcap target. Good lad.

[apfindley] 15/11/2016 16:04

Is news coming?Dalridian value not even covered by current price 25m market cap is a better starting point.

[keya5000] 15/11/2016 15:27

Think its worth holding a few of these. Herd that got into AYM will soon follow the tracks here.

[ardtole] 15/11/2016 15:18

Only recently, has the lundberg deposit been added to this project along with the buchan properties and the czn properties. The lundberg deposit will contribute more than all the buchan properties that minco own and all the czn mines combined.

Hopefully the results in december prove signifigant.

[bodgit] 15/11/2016 14:52

The extract below is from the 3rd Quarter 2016 Canadian Zinc results. It has relevance for us. I note the share price action with AYM, maybe profits from investors there will flow into MIO? Only joking. Good luck all.

CZN results extract:

Newfoundland Properties

Canadian Zinc owns an extensive land package in central Newfoundland that includes three major Volcanogenic Massive Sulphide ("VMS") properties, each with defined deposits, which are being explored by Canadian Zinc.

Central Milling Collaboration Project

In 2015, the Company entered into a collaboration agreement with Buchans Minerals Corporation ("Buchans Minerals"), a wholly owned subsidiary of Minco Plc (AIM: MIO), whereby the two Companies share research data on their respective central Newfoundland Zn-Pb-Cu-Ag-Au deposits. The intent and objective of the research is to determine the technical and economic viability of developing the companies' deposits into producing operations by utilizing a central milling facility. The concept is based on the potential that collectively, the satellite deposits can be economically mined, pre-concentrated, trucked and then milled simultaneously or sequentially through a central mill.

The metallurgical test program, completed by Thibault & Associates Inc. of Fredericton, New Brunswick, was based on an assessment of pre-concentrating the ore prior to flotation using Dense Media Separation ("DMS") technology and the development of a process relative to the metallurgical characteristics of five deposits under development.

The preliminary test results confirm that selective zinc, lead and copper concentrates at marketable grades can be produced using a common flotation flowsheet. The positive results from the metallurgical test program strongly support the development of the sequential flotation technology for processing of the deposits using a centralized processing facility.

The metallurgical test programs are being followed-up with a Process Simulation and Cost Assessment model to evaluate and identify the key factors impacting the operating economics of a centralized processing concept for the production of the base metal concentrates from the various base metal deposits in central Newfoundland.

The research programs are scheduled to be completed in December, 2016.

Planned Exploration in Newfoundland

Following the financing completed in July 2016, the Company allocated $1.67 million in flow-through funds for further exploration in central Newfoundland. Most of this will be spent on the South Tally Pond and Tulks South properties.

Canadian Zinc is undertaking ground geophysical surveys including magnetics, gravity, electromagnetics ("EM") and borehole EM on a number of high priority Cu-Pb-Zn-Ag-Au target areas on its South Tally Pond and Tulks South properties.

The ground geophysical surveys are aimed at defining priority drill targets in each of the areas and are expected to be completed by the end of November. A winter drill program will be undertaken to further explore selected priority targets.

[marthy] 15/11/2016 14:43

And cash Fiver, We've a fistful of nice Trump US Dollars.

[lendmeafiver] 15/11/2016 13:37

Gold, silver, zinc, all in demand, even some bloomin manganese thrown in, all proven

[marthy] 15/11/2016 12:01

So do Minco, all over the place UK,Ireland, Mexico,Canada The World.

[scyther] 15/11/2016 10:31

Don't Aym actually have proven reserves?

[frost1] 15/11/2016 10:28

Anglesey has doubled in the last two days. Mio could do the same.

[ardtole] 14/11/2016 19:17

im in a similar situation sm9, there have been plenty of false dawns alright. Rowan Maule in particular peddled some nonsense regarding the pennines, rehashing the same story every 12/18 months.

Dalradian seemed to recover quickly today so we should maybe bounce back tomorrow.

[ardtole] 14/11/2016 16:37

dalradian down 15%, minco down 40%?

[lendmeafiver] 13/11/2016 10:51

You are right that it will be a 3 year wait if we are just going to hold the NSR until it's actually Revenue earning but I expect a deal will be done before that point and it's value will start to be reflected in the MIO share price in stages triggered by events like planning approval, construction funding, construction stages, mining operations, so I think it's somewhat negative to just assume it's a 3 year wait for the NSR to be reflected in anyway in the share price.

Additionally the zinc market is well into recovery so there will be deals on that side of the business at some stage also.

There are alternative mining approaches to Woodstock that should be discussed at the AGM also but don't forget MIO has a market cap of circa £6m so there is plenty of scope for re-rating.

[sm9] 13/11/2016 10:21

Only thing minco has of value in the short term is probably the 2%nsr and that years away at best..think we will be holding and saying the same things in 3 years time just like the previous 3 years..Hope im wrong but have heard every spin going of the years and still no decent or sustained movement in share price...

[ardtole] 13/11/2016 09:28

wishful thinking unfortunately. Is there a plan b?, or do we just sit tight? until the chinese resume interest.

[lendmeafiver] 12/11/2016 21:43

Even manganese?!

[richgit] 12/11/2016 21:40

Who will start the buying ?

It would seem everything Minco is involved with-is going to be in demand

Everything !!!!

[lendmeafiver] 10/11/2016 09:20

Well Dalradians financial results are out today, not long to wait:

With proceeds of almost $26 million from warrant exercises, we are well positioned to embark on further work to enhance the results of our soon to be released feasibility study. Details of this work plan will be released prior to year-end.