Mineral & Financial Inve... Share Discussion Threads

[baz9707] 18/2/2017 11:48

Plus it will only go down on sells.

If people keep buying it could be at 10p on Monday.

Top up instead of selling and see what the mms do.

This will probably not happen as people are scared of holding for more than a week.

[888icb] 18/2/2017 09:01

This is not the first time MAFL has had a one day spike. Most of the shares are held by a few large shareholders so the free float is small and a spike can easily happen. During the spike I could not buy on Barclays stockbrokers. The company have issued an RNS saying they know of no reason for the sudden spike after the close. You would therefore expect the share price to fall back to the 6p level on Monday.

[gimmetheloot] 18/2/2017 07:03

Baz

I am not fully loaded up yet. If it drops I'm in for more!!

Euclid did a brief calculation yesterday:

Indicated & inferred Resources
Indicated Resource of 7.6M tonnes grading an 11.96% zinc equivalent and an Inferred resource of 6.2M tonnes grading 10.26% zinc equivalent I make this a total of 13.8Mt @ 1,588,480 Mt x $20k per tonne Zinc div by Fx rate 1.20 x 50% wi = £13 Bill less 50% for Capex = Potential £6 Bill Npv hxxp://www.lme.com/metals/non-ferrous/tin/

[baz9707] 17/2/2017 20:57

Gimme it will probably drop but could suprise me.

If it stays over 7p I will be happy as next step 10p will come.

[gimmetheloot] 17/2/2017 20:19

I'm holding mine , just like I'm holding Prem since 0.235 ;-)).

This was an ex Rio Tinto licence back in the 90's.

Got into HYR back in Dec @ 1.85-2p , 50% up and still holding.

Be greedy when others are fearful, and fearful when others are greedy.

Been playing this game long enough to know what has potential to be world class. That's what matters in the end.

[callumross] 17/2/2017 18:48

Expect a drubbing on Monday morning as all the daytraders who didn't get out today head for the exit!

[baz9707] 17/2/2017 18:36

Hate it when they release a rns on a 50% rise and nothing when it's dropping away.

[gimmetheloot] 17/2/2017 17:20

hxxp://www.portexminerals.com/presentations/lagoa-salgada-ni-43-101-report-january-9-2012.pdf

This is what Crestgate now own.

Used to be owned by Rio Tinto in the 90,s

[gimmetheloot] 17/2/2017 16:24

Glencore investment has 5 bagged , MAFL hasn't moved. 100 million shares in FCR.
Investment in CAP energy the oil company and now owns this ex Rio Tinto Licence!

10'bagger from here!!

[keya5000] 17/2/2017 16:17

tidyramper which troll name did you used to post under?

[falia] 17/2/2017 16:17

15 MINS LEFT TO LOAD UP FOR RESULTS, DONT MISS OUT

[gimmetheloot] 17/2/2017 16:11

Director say

" create significant shareholder value"

[gimmetheloot] 17/2/2017 16:10

Crest gate was owned by RTZ. Rio Tinto Zinc back in the 90s. Copper & Zinc prices come along way since then.

Lundin mining next door ;-))

[keya5000] 17/2/2017 16:01

Being bought again just above 9p.

Needs a bit of liquidity.

Nice.....

20p+on drill results

[falia] 17/2/2017 15:56

THIS COULD BE FUN , 30 MINS TO GO

[falia] 17/2/2017 15:55

AND WE ARE OFF AGAIN

[keya5000] 17/2/2017 15:46

20p+ on drilling results easily.

[falia] 17/2/2017 15:40

20P+ MONDAY

[falia] 17/2/2017 15:35

OH YES WE ARE MOVING, BOOM BOOM TIME

[falia] 17/2/2017 15:34

100% COMING UP

[falia] 17/2/2017 15:33

DIGGING RESULTS SHOULS BE ANYDAY NOW