Minco Share Discussion Threads

[jdgeus75] 14/4/2017 08:46

where is @sm9? He always provided us with some "good insights" into Minco PLC

[richgit] 12/4/2017 14:06

I piled in for another 500k when 1p was flashing-not that I thought any deal was on the horizons.


I am quite happy with the DAL stock which virtually balances off the current 2p,as DAL could/should truly rise over the years and a stock I already own.

I really didn`t want to start getting involved with the issues of holding/buying
Canadian listed tiddlers-

However -

I/we get our proportionate stake in Buchans valued at circa $5Million Canadian,which again could,should motor over time and for Myself I just maybe also get a crack at Gold in the what will be the Buchans assets.

I guess I lose on my dream of Silver and Xtierra in the obscene manipulations of Silver,leaving XAG as near worthless( yet whilst there is still some life -who knows !!)as I know what XAG "could have been worth".

So- What is going on with the Woodstock Manganese that I considered could be the jewel in the crown of immense value (one day !!)

It is missing in the statements (again)-or is there still some potential deal !!?


All in all-considering the Comatose Markets for small stocks,it`s a no brainer deal
for current holders-albeit frustrating considering what that Gold royalty alone would be worth in years to come ($2000 + Gold for starters ?!).

When all eyes and margined money are on the likes of -to the moon valuations of Snapchat Or Tesla Motors what can be said (once again)in the frustration that one day the Market wont be so Comatose.

[doji star] 12/4/2017 13:56

ardtole, it probably won't be, which I think is a shame.

It would save Manganese X a lot of time and money drilling out a resource and MIO
are currently only focused on a large scale/large capex EMM project which isn't viable at the moment.

To be honest, I don't know why MIO aren't at least looking into an EMD project similar to Manganese X. Maybe someone can enlighten me. I believe the main difference in producing EMM and EMD is just down type of processing plant needed.

[doji star] 12/4/2017 07:51

Interesting annual report.

Main thing that strikes me is the planned work on several projects.
-Planned more drilling at Moate.
-exploration work Northern Pennine
-more drilling on 1440R (which now looks promising and could actually have decent value).
- possible drill testing near Lundberg

Quiet on manganese. Pretty much still on hold. That's why I was keen on a manganese X deal. Don't really understand why there is such a different approach by the two companies to effectively the same project.

I guess MIO are more confident about the base metal market and it's at least good to see them starting to progress those again (which is a noticeable change from the last few years).

[ardtole] 10/4/2017 19:50

Manganase x energy posters on canadian bb, bullboard, dont seem to think that woodstock is the project that they are looking to acquire.

[doji star] 10/4/2017 10:40

I do however think we'll get a much better valuation for the assets if they just follow the plan set out and list the company in Canada again. I think the assets will get a more interest over there and if I remember correctly BMC was actually quite good at attracting investors in Canada.

I guess DALR listing in London sums it up. Even a good company like that and hardly gets a trade over here.

[doji star] 10/4/2017 09:44

Not saying the management are bad, just very quiet and slow moving. Their most progressive asset by far is the DALR royalty and obviously that's down to the DALR management doing a good job and moving that project forward.

Just been here quite a while now and I'm a bit tired of them sitting on assets just waiting. Having said that, your right, the assets are looking a lot better over the last few months, but it is main due to the market coming to them.

[ardtole] 09/4/2017 19:09

I think the management have cut a good deal regarding Dalradian, albeit, depending that it carries through.
If, And a big if,Manganese x energy are intersted in Woodstock, will it reignite interest from the Chinese?.
Before, the chinese was the only show in town, so the capacity to do a good deal with the chinese was limited as they held all the aces.
If Manganese X energy, are interested there is no big rush on minco to cut a deal unless they are content with offer. If demand for manganese continues to increase more suitors will come forward.
Certainly a better situation than we were facing at end of 2016.

[doji star] 09/4/2017 14:48

well hopefully they will come up with something and fairly soon. I just don't have that much faith in the management here, so I'd be happy with anything half decent. Given that at the moment the market is valuing that asset at NIL.

I guess it just a matter of waiting for the news now. Looks like we're not going to see anything close to a sensible valuation just through normal trading action.

[ardtole] 09/4/2017 10:43

Id have to agree with Bodgit, that Manganese X do not look like they have the resources to purchase Woodstock.
Personally id rather a jv of sorts on woodstock as I feel it has a lot of potential, rather than a full sale now, where I dont think we would achieve a price that would reflect the value of the deposit even 18-24 months down the line.

[keya5000] 09/4/2017 09:59

Wonder which bell end is red ticking all the posts.

[doji star] 09/4/2017 09:53

maybe. I'd be happy with any half decent deal, just to get a more proactive management team on board. I think that comes from the lack of talk about the project from MIO over the last few months. Perhaps they are reassessing the project now given the change in demand, but your never that sure with MIO, cause they never really inform us.

[keya5000] 08/4/2017 17:17

You would want the controlling interest in Manganese X Energy for Woodstock.

[doji star] 08/4/2017 08:54

You have to remember this project has been on the back burner for a few years now. The work MIO did at the time is different to the approach Manganese X are taking now. Don't think MIO even mentioned electric cars and lithium batteries back then.

I think if they did an all share deal with Manganese X that would be pretty decent for both sides. Manganese X will get a better, higher grade resource and save a lot money on drilling, but also MIO need a vehicle and a management team to drive this project forward again (which needs doing whether that be with Manganese X or someone else). A lot of Metallurgical and technical stuff still needs to done and Manganese X already have a team in place working hard on that sort of thing.

[bodgit] 07/4/2017 19:11

A few random thoughts.... Manganese X look to be a small player, maybe with big dreams. Is the type of resource MIO have likely to be of interest to Manganese X for their proposed applications? MIO Woodstock interests might be beyond Manganese X to buy outright though other arrangements may of course be possible. Wonder what has happened to the Chinese co. who did a technical due diligence a few years ago? Good luck all.

[doji star] 07/4/2017 15:31

Also if it was Minco in talks with Manganese X, I wouldn't expect them to say anything till there was something more concrete. Just based on how they've operated in the past and how the DALR deal was done.

[doji star] 07/4/2017 15:02

Not sure how much they'll get, but it would just be good to get that asset in a vehicle that going to move that project forward again. It really needs a fresh approach now the market for Manganese is changing. Manganese X looks ideal for that.

[ardtole] 07/4/2017 14:15

Manganese x energy did say there would be further details announced within a month so we should know more, early may prehaps.
You would have to imagine that woodstock is a likely contender to be the mine in question and even if not at least there is a growing interest in the manganese industry.
What kind of deal could Minco expect to strike for this asset?.
To me, it looks like a good time for manganese x to strike a deal, just as manganese is begining to emerge as a metal required for new batteries etc, and demand is increasing.
Minco is finally beginning to realise some of its potential thankfully.

[doji star] 07/4/2017 13:56

bageo. I might be wrong, but I didn't think there were that many other manganese deposits in North America. At least of the type Minco has (or that region has). Maybe someone will correct me on that?

shame Manganese X didn't give a clue as to who they were in talks with. They do however say there mission is to acquire manganese prospects in North America and there is one obvious stand out candidate just next door to them.

Anyway as least it show the is growing interest in the sector and the market for manganese is starting to change and become viable again.

Even more confident now, that if Minco lists just the manganese asset they'll get a decent valuation in Canada. Would be ideal if they just merged it with Manganese X though.

[richgit] 06/4/2017 09:04

As some of you may know-

The Multi-$trillion Paper Gold/Silver Market leveraging every ounce of Paper Gold
by up to a possible 1000-1, including derivatives,totally implodes if they do not have "Physical" to supply the 1000th of Physical available to demand by Cash buyers of Physical

As London gradually loses more and more of the Physical Gold game to China,the Paper
Scam is facing its Armageddon,of 1000-1 of potentially worthless Paper.

That would lead to cash settlement and all those near bankrupt Pensions funds that think they have a call on Physical via Paper will receive $Dollars at a market set price for Gold that will afterwards soar ,leaving those $Dollars chasing less ounces per $Dollar.

On that basis DAL will be getting a bargain based on the potential Gold price in years to come.

Of course if only MIO had Silver-which will explode in % value and that is currently
the true fears of the Central Planners,whilst JP Morgan now breaks more supposed
rules to amass their obscenity of Silver hoarding in the greatest theft and scam
of all time.

[bageo] 06/4/2017 07:00

Might give an interesting comparison for manganese

hxxp://www.stockhouse.com/news/press-releases/2017/04/06/manganese-x-energy-announces-potential-acquisition
Manganese X Energy Announces Potential Acquisition

n.b. I am not suggesting it is necessarily Minco's deposit

[apfindley] 05/4/2017 13:20

Full ask being paid for small ammounts. Should rise rapidly on any buying interest.

[keya5000] 04/4/2017 16:35

You would have to say that MIO manganese asset is worth multiples of the neighbour manganese energy.

It's five years ahead and is a well developed asset.

[doji star] 04/4/2017 09:17

I have even more conservative estimates than you and it still looks pretty good, with a lot of upside potential.

Canadian Zinc are drilling new holes on the newfoundland stuff, so they are quite keen on the project. Maybe another all share offer for those assets? I can see that happening, but only once the royalty deal has gone through.

well worth hold for the deals anyway.

[bageo] 04/4/2017 08:45

Potential value (at 83p DNA share)

2.02 direct issue of DNA shares
0.67 value of new Buchans holdings of DNA shares
0.21 approx cash (rough assumption of £1m)
some Buchans area deposits
some Woodstock electrolytic manganese
small Irish Licences
nil Xtierra Inc (low assumption to to lack of liquidity)
nil Pennines

2.9p total liquid assets

I've deliberately given pessimistic 'values' to exploration assets. Lets assume a liquidation of all assets

Bucans area - Canadian Zinc maybe working with us but I can't see them buying the asset while they concentrate on the Prairie Creek Mine. Maybe merge the Buchans area assets and float as a new co?

Woodstock electrolytic manganese - obvious buyer would be Manganese X Energy

Irish Licences - obvious buyer Boliden (Tatestown) and maybe Adventus Zinc or others for the remainder

Xtierra - assuming minimal value as market price is unlikely for our large share

Pennines - assuming zero as no economic studies, there maybe potential and we have spent a bit but no obvious buyers.

comments welcome