Mineral & Financial Inve... Share Discussion Threads

[btfd] 18/9/2017 09:04

take note.. the next stage is selling this "undervalued" baby!!The drill programs have just been completed and we await the final drill results. It should be noted that our investment in TH Crestgate is recorded at cost and is not marked to market, as are our other assets. We believe that this is under-valuing the investment, but embrace the prudential nature of this methodology.

[harleymaxwell] 18/9/2017 08:15

Well results out and cash position improved . Nice buy worth it , hopefully go up from here!

[u696061] 04/9/2017 15:50

Nice 30k buy right after the sale. Somebody still loading up.

[u696061] 04/9/2017 09:46

Please elaborate the_boy_plunger ?

I imagine any shares sold will be picked up right away.

[the_boy_plunger] 04/9/2017 09:27

see the ole crew were wrong......

[harleymaxwell] 31/8/2017 18:23

Yes and the offer nudges up

[u696061] 31/8/2017 12:55

Someone's picking up loose shares again

[u696061] 30/8/2017 13:05

I've heard rumours drill 4 results out anytime now, drill 5 almost complete. Drill 6 starting. End of Sep all will be revealed. Resource total and next stage the sale of asset.

[harleymaxwell] 30/8/2017 12:27

Phoenix rising

[btfd] 29/8/2017 17:38

get next drill or two out of the way and momentum on asset sale will kick in.. it's going to happen.. the company done it before and will do it again .. except this time with a multi billion proven asset. Bags and bags to be had. No point trying to accumulate when it's moving because you simply can't buy in volume .. been there and tried!!

[u696061] 29/8/2017 15:58

Not many shares around, still believe all 3 drills will be completed by end sept and resource could be 10mt or more.

[u696061] 28/8/2017 09:06

don't think this is fake news....JV mentioned in talks with mid-tier mining companies. Showing them the region and building relations. He knows resource will be commercially viable. Mining companies also know MAFL is an easy route into the resource. Not too long to go

hxxp://www.snorkernews.com/2017/08/25/chilean-companies-interested-in-investing-mineral-financial-investments-limited-lonmafl-lagoa-salgada-project-in-portugal/

[btfd] 22/8/2017 17:17

looks like all the little fish are being flushed away to fill the buyers orders .. patience will be rewarded soon.

[u696061] 22/8/2017 10:55

My shares are paid for. I'm happy to hang around till final sale, which is not far off. They already talking to mining companies. Lots of interest.

[btfd] 22/8/2017 10:47

same happened last time we drifted around 10p on small sells.. then someone began mopping up in round number blocks .. let's see what the afternoon brings

[u696061] 22/8/2017 10:06

Share is illiquid, which makes it volatile to sharp movements. Small sales will cause it to drift lower. The reverse applies to.

[harleymaxwell] 22/8/2017 10:04

Still seems to drop faster on low volume than rise in the same conditions!Reckon it will turn around though!

[btfd] 22/8/2017 09:07

definitely.. I think these drills will be done by October, then onto the main event of asset sale. This price just above 11p seems like a good level with not much risk below due to cash and working capital levels and other liquid investments.. plenty upside available!!

[u696061] 22/8/2017 07:27

Once drilling out the way straight to sale. We are talking months not years

[btfd] 21/8/2017 15:52

true. Although in u.k. there's going to be less info on private co's in the public domain soon. It's different everywhere.. for instance its pretty hard to get much financial info on small private US co's too

[u696061] 17/8/2017 07:24

Different rules maybe in Switzerland. In U.K. You still have to file annual returns and pay corporation tax. Visible to all.....just saying

[btfd] 16/8/2017 18:12

thc aren't listed, so I guess there's no rules/need to publish financials

[u696061] 16/8/2017 16:42

Looking for some financial statements from the company. Annual statements. Website etc. Can't seem to find any.

[baz9707] 16/8/2017 16:28

TH Cresgate do own there own drill rig company.
Low cost drills.
All positive.
As you say clarety on the % of what MAFL have on the asset.

[btfd] 16/8/2017 14:33

It's also down to the delay of the obvious end game of sale of asset.The price was riding up to 20p when the RNS arrived about drilling a further 6 holes to expand Lagoa Salgada.Investors were gearing up, then whacked with a wait.Well, the wait is nearly over..