Mineral & Financial Inve... Share Discussion Threads

[babbler] 02/8/2018 08:39

It's been too low too long even before this news.... Imo

[jonnynixon] 02/8/2018 08:36

I've dipped my toe in mcap is ridiculously low given ascent investment

[dave4545] 02/8/2018 08:35

That is what I'm trying to decide. Buy now but up 45%, could it do 100-200% or will I get trapped in.

Really hard to guess which way it will go, on the numbers it could double or more but on Aim you just might as well flip a coin

[babbler] 02/8/2018 08:29

I mean look at the news links. It's not and D. Mcap very very low.

[babbler] 02/8/2018 08:28

Jonny if you haven't seen the news don't comment.

[kingkongtimmo] 02/8/2018 08:28

RNS to come

[jonnynixon] 02/8/2018 08:22

Is this pump and dump

[babbler] 02/8/2018 08:20

Double bag today.

[btfd] 02/8/2018 07:38

For those who may have missed it..http://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2018/Ascendant-Resources-Acquires-Interest-and-Option-in-the-Highly-Prospective-Lagoa-Salgada-VMS-Project-Located-on-the-Prolific-Iberian-Pyrite-Belt-in-Portugal/default.aspx

[btfd] 02/8/2018 07:37

lol I can't believe this news hasn't been RNS yet!! what an opportunity

[btfd] 02/8/2018 00:12

Free ride for MAFL now. And we own shares in new company to boot!"Lagoa Salgada already has a good-sized resource which is very near the scale and grade necessary to be an operating mine. Leading VMS experts and geo statisticians engaged by Ascendant concur that a high impact, low-cost drilling program can be completed by year end that will have the potential to substantially increase current resources. It is our expectation that this program could have a material impact on net asset value for Ascendant shareholders."

[btfd] 01/8/2018 23:40

All drilling costs covered to make this a monster asset!! Investing a minimum of $9.0 million directly in the operating company, Redcorp within 48 months of the closing date, to fund exploration drilling, metallurgical test work, economic studies and other customary activities for exploration and development, andMaking payments totaling $3.5 million to Crestgate..

[btfd] 01/8/2018 23:32

so it's probably worth me parking this here, looks like we will get an RNS in the morning.For those who can't read, 25% of Lagoa Salgada with only 1 area explored from a further 17 waiting , has been sold for $2.4 million.Values it at $10m without knowing anything on other areas. New company is going to fund an accelerated drill program .. cool!htTp://globenewswire.com/news-release/2018/08/01/1545256/0/en/Ascendant-Resources-Acquires-Interest-and-Option-in-the-Highly-Prospective-Lagoa-Salgada-VMS-Project-Located-on-the-Prolific-Iberian-Pyrite-Belt-in-Portugal.html

[davevt] 10/7/2018 19:06

Look at Stig trying to deramp and not bothering to check news. Mafl aren't with Beaufort, their brokers are WH Ireland and Novum. Carry on Stig, try harder, you can do it!

[the stigologist] 09/7/2018 21:23

Beaufort Bellis

Stench of death

[btfd] 08/7/2018 15:54

It's a standard website. Gives you all the info you need on the company and a point of contact. What do you want it to do? Tell your fortune or predict the lottery numbers lol.

[andrea152] 04/7/2018 10:47

I agree Stig. Does hav a very bad smell about it though. The smell of Death. Seen this type of thing too many times before on "AIM", the Market Place of the Mad & the Deranged !

You only need to look at the Company's mickey mouse website to see how serious , or Professional it is ! (Not).

IMHO. DYOR.

[btfd] 03/7/2018 11:03

We will see stig. Not sure why you are bothered though.

[the stigologist] 02/7/2018 20:31

u696061
Posts: 313
Opinion: No Opinion
Price: 7.85
RE: Wizard
Today 16:18 Dfens I maybe reading it differently. I think the deal has been completed, but to include it in the full year audited accounts they have decide to extend the accounting period to 18 months. That’s how I’m reading it. Anyone else agree or disagree?



Dfens
Posts: 16
Opinion: No Opinion
Price: 7.85
RE: Wizard
Today 16:01

It would appear that is the most likely explanation however the RNS did state " the delayed completion of a transaction" so that implies it is not done and dusted which would be the only reason for not being able to state an opinion

u696061
Posts: 313
Opinion: No Opinion
Price: 7.85
Wizard Today 11:22 At one time wizard was saying he didn’t expect anyone to buy the asset. Looks like a buyer has emerged and mafl are keen to get the sale reflected in these accounts. Sounds positive to me. That’s why you hire people active in the industry to make the deal happen.

mikebassetts
Posts: 2,491
Opinion: No Opinion
Price: 7.85
RE: Sale Today 07:32 can only think the transaction is so material to MAFL that they want to include this in the June accounts and hence the suspension?

lets hope so..

[ukgeorge] 02/7/2018 10:03

Very glad I avoided......

[the stigologist] 02/7/2018 09:41

If this ever re-lists it will tank

And it's a big IF whether it ever relists !

[the stigologist] 02/7/2018 09:17

Jeepers how badly fukked is this ?