Mineral & Financial Inve... Share Discussion Threads

[baz9707] 29/6/2022 11:08

Hi not sure if investors have seen this video.
The project in Lagoa Salgada is not exploration, it is proven and they are advancing the mine design.
I am currently with the Redcorp team in Lagoa Salgada with 3 rigs on site proving up the resources and conducting Metallurgical studies

[dave4545] 14/6/2022 15:20

Bloody hell. Who sold on this Rns ?

" New semi massive sulphide Copper-Gold zone discovered east of the South Zone which includes 6m @ 1.77% Cu and 0.8 g/t Au from 201m"

[dave4545] 14/6/2022 12:11

Drops on 10-20k of sales, no move on 100k+ of buys

[dave4545] 14/6/2022 10:18

ha somebody selling 5000 lots in their own little firesale world

[dave4545] 31/5/2022 12:28

These idiots trying to force stocks in illiquids are nuts

Friday..I knew one person was behind it

61663 at 12.18p
38337 at 12.8p (so combined 100k exactly)
20000 at 12.86p

120k in total

Today 83383 at 12p 36617 at 12.13p ( total 120,000)

£500 loss

[dave4545] 27/5/2022 11:08

Delayed buy 10.43am perhaps as a mm switched to the bid

So undervalued

[dave4545] 25/5/2022 11:06

"Ascendant Expects to Pay an Additional US$2.5M By December 22, 2022, to M&FI"

Nuts the market cap here, should be 50-100% higher

[dave4545] 25/5/2022 11:04

Some great news just out funding completed for Lagoa

Looked obvious to me given the grades they would have backers throwing money at the project

Back to 15p+

[baz9707] 16/5/2022 16:54

Disagree Dave
Investing is a long game and if it takes 15 years for a return it takes 15 years.
Trade for the quick cash yes.
I see a 500% min here at some point, with no rush.
What you get is a board invested don't like to dilute and look for value with minimum working costs.
Agree you Coul dnot do this with 99% of aim sticks as you would be diluted to oblivion.

[dave4545] 16/5/2022 16:24

I'd not touch anything on the TSX it's just too illiquid. I remember Seed and Yooma floating on it then Pere and Minto floating on it.

Valuations of tens of millions if not 100's and having one or two trades a week worth less than a grand.

[robizm] 16/5/2022 16:14

I am not a trader. I took a position in ASND who hopefully will have 80% at the end of the year. The resource is only going to get bigger but imho get the BFS done and then sort finance out.

[dave4545] 16/5/2022 15:50

Rob

"12 years and no return"

The key to these stocks is trading them well not investing in them. Mafl went from 6p to 30p once and numerous times it's done 100% gains, just a few weeks ago it went from 10.5p to 18.5p.

Vast is the dog of all dog stocks but people continue to pile into that one

[dave4545] 16/5/2022 15:35

lol If I'm filtered then this thread will not show up :-))

[the count of monte_cristo] 16/5/2022 15:32

ROMBIZ - I watched an interview with the management, he knew his stuff, but it just seems like this is more of a hobby for him, while he goes off sailing. Maybe wrong, but the fact they have so many investments seems like they lack a clear strategy of focus. The presentation is also awful, quite difficult to read with the font they used. These things add up to put investors off. They should scale down the number of investments they have.

[the count of monte_cristo] 16/5/2022 15:28

Boring Dave - filtered.

[dave4545] 16/5/2022 15:13

I'm not bothered if you care or not.

I'm just posting how idiotic people who are trading now, they buy size at 12.8p on a 11-13p spread and then without anybody selling they sell them back to the mm's for 11.1p, they could not even muster up the brain power to sell a smaller lot for 11.4p and reduce the loss.

[robizm] 16/5/2022 15:09

That is what puts me off mafl. 12 years and no return to shareholders. Only concern is the 15% owned by government. Could slow up finance.

[robizm] 16/5/2022 15:06

25 million Canadian

[the count of monte_cristo] 16/5/2022 15:02

What is the market cap of ASND?

[the count of monte_cristo] 16/5/2022 15:01

dave454516 May '22 - 14:48 - 281 of 284

To be honest, I think most people don't care about that. Good for them or bad for them, but really, who cares.

What we do care about are the grades and news flow coming out of this. The management should sell off some of the investments and focus on this project, if I wanted to own HOC then I can buy that myself, I don't need to invest in MAFL to gain exposure to HOC.

The problem this stock has, is the strategy of the management, they own way too many investments across many large cap stocks, if investors wanted that they can easily do it themselves. If you listen to the experts, like Pierre Lassonde, he will say focus on a handful of companies, I think he actually has about 8 or less investments in mining stocks right now. This is a guy who created the revenue streaming model for miners and became a billionaire.

It seems more like the management here are content to keep taking their nice salaries and living on paradise island in the Caymans:))