Monterrico Metals Share Discussion Threads

[enamel] 23/5/2007 08:44

Because Zijin have a load of shares that they want to get rid of.

[enamel] 23/5/2007 08:44

Because Zijin have a load of shares that they want to get rid of.

[willyworm] 22/5/2007 14:59

Cos there are no buyers so even a tiny amount of selling pressures the market lower..

[shaken] 22/5/2007 13:40

'cos they got no dosh david..

[davidosh] 22/5/2007 11:58

Can someone explain why the share price is suddenly falling ?

[shaken] 22/5/2007 09:42

big pity for those few PIs who did not get out at 350.........

[aspers] 21/5/2007 21:11

This could be a good buy once it gets to 50p.......at this rate that could be next week....could not happen to a better company......Think this China is going to get smashed...I HOPE!!!!!!!!!

[shaken] 21/5/2007 18:00

lololo, Shares Magazine, the one to watch.....out for.......

[arf dysg] 21/5/2007 17:08

Well done, Shares magazine, for calling these a buy in their recent review of all of AIM.

[arf dysg] 21/5/2007 17:08

The price has just dropped 21p... probably because Zijin tried to sell one share. Expect total carnage if they sell more than five.

[shaken] 21/5/2007 09:43

and that's even putting a gloss on it enamel.....

[enamel] 21/5/2007 09:22

shafted by inspid and ineffective management?

Zijin will have great difficulty selling surplus shares.

[enamel] 17/5/2007 19:49

Arf Dysg,

maybe but most unlikely. Who would want to touch MNA now after the appalling way shareholders have been treated?

[arf dysg] 17/5/2007 12:36

I'm out, sigh. These may even be a good buy in a few months.

[scab] 17/5/2007 12:21

hopefully the 'gang' are all out of this now ,-what a disgrace,complete rip off.

[enamel] 04/5/2007 09:33

On cue Board changes announced.

[enamel] 04/5/2007 09:09

Major companies do not want to risk big money on mines that have yet to receive Government approval. As I have said many times before the takeover was premature and opportunistic.

How many of the old directors have retained their jobs?

[enamel] 04/5/2007 09:05

If Zijin fail to place their "excess shares" then presumably they will dump them on the market. I wonder what impact that would have?

[enamel] 04/5/2007 09:03

Arf Dysg,

It is the usual practice for Governments to arrange for tendered bids. So perhaps Zijin submitted one for $50m.

[russianrobert] 03/5/2007 21:35

Anyone thinks thay are going to make any money from MNA in the short term, i think you are very much mistaken.
There is no enviromental impact study yet. The local population are very much against the mine. The government has not approved the project. The copper price needs to remain very firm for the next 3/4 years and the project wont be operational until 2010 was it?
The mine is located in the third world and excluding the above ANYTHING can and probably will happen meantime. That's why none of the big boys have stepped in and made a bid. It's too risky. I think investors are forgeting that.
BUT if the project manages to negotiate it's way through all this then the shares could start to show their real value if the copper price holds up at some point down the road.
Reluctantly, i have sold mine on the 27th. perhaps they will be worth a second look later on.
Just my opinion of course. :-)