Monterrico Metals Share Discussion Threads

[metalera] 26/3/2008 10:44

good call aimslave - the price makes no sense at all - cleary another case of a distressed seller in an AIM stock and taking whatever is offered to liberate cash. Culd get even more silly, in both directions!

[metalera] 26/3/2008 10:44

good call aimslave - the price makes no sense at all - cleary another case of a distressed seller in an AIM stock and taking whatever is offered to liberate cash. Culd get even more silly, in both directions!

[aimslave] 25/3/2008 12:54

tempted, but i think i'll leave it for a day or two, wether thats a good idea or not we'll see.

[aimslave] 25/3/2008 12:51

This is part of a e-mail response from shanshan li. CFO


"The Company is not aware of any undisclosed commercial reason for this share price movement.
The Company will make an announcement within the next day or two on this subject. You will receive this via the usual channels."

[aimslave] 25/3/2008 12:22

lol, theres my answer then.........

edited - " The Company released a Project Update on 12 March and confirms that it is not aware of any undisclosed commercial reason for this share price movement".


Anyone think the RNS is worded srangely?

Why use the specific words "undisclosed commercial reason"


So could it be for another reason?

[chris1981] 25/3/2008 12:07

Monterrico Metals PLC
25 March 2008

Monterrico Metals PLC
('Monterrico' or the 'Company')

Statement Re Share Price Movement


Monterrico, the AIM listed resources company, has noted the recent fall in its
share price.

The Company released a Project Update on 12 March and confirms that it is not
aware of any undisclosed commercial reason for this share price movement.


Enquiries:
Monterrico Metals plc Tel: + 44 20 7776 2900
Richard Ralph (Non-Executive Chairman)
Susan Connolly (Investor Relations Manager)

Ambrian Partners Limited Tel: + 44 20 7634 4711
Tim Goodman

[aimslave] 25/3/2008 09:39

I think an email to the company may be in order.

[scribbler101] 21/3/2008 18:02

Is that a share price graph or a seismograph?

[the_doctor] 20/3/2008 11:54

only if the LSE asks them to... which I think requires someone to ask them to ask!

[sicilian_kan] 20/3/2008 11:45

Surely the company must issue an RNS given the size of the drop in the last few days. Any views?

[aimslave] 20/3/2008 11:42

If it was a distressed seller, surely the nomad/mm/broker would get a deal done at an acceptable price. I'm sure there would be a few takers.

There is something more going on IMO. But what, i have no idea lol.

[the_doctor] 20/3/2008 11:32

"With absolute control they have no need"

Although they may want to buy up the remainder to cut costs associated with a listing?

All seems odd, since shares in the co. would be very profitable in the long run if the Chinese develop the mine... which may rest on whether they're permitted to?

[sicilian_kan] 20/3/2008 11:29

Agree, there has to be a reason. This slide is massive and the share price is now lower than it was in its 2006 nadir.

[aimslave] 20/3/2008 11:28

Anyone any idea what is causing the drop?

Wanted in to this a while ago and missed the boat around this price a couple of yrs ago..... (Before chinese)

Very interested at this price, but gotta be a reason for the massive drop.

[mindymaru] 19/3/2008 14:34

A good read & chuckle.

[enamel] 18/3/2008 19:26

The minority holders are at the mercy of the Chinese who have shown no sign of generosity. With absolute control they have no need.

[the_doctor] 18/3/2008 16:23

woah...

Forced seller then?

I'd be tempted when/if that knocks out some more sellers.
Or would I also then be stuck with shares that nobody wants to buy.

My thinking is that at a low enough price, the Chinese will simply buy up the remaining holding?

[gambler99] 18/3/2008 16:19

no raging bulls here then?

[cerrito] 18/3/2008 16:10

one person sells 46,500k and noone wants to buy....perhaps alot of people like me intellectually think it is a good buy despite the fact that they are still considering the DFS and the whole project keeps getting pushed back but somehow cannot generate the courage to buy it.

[aimslave] 18/3/2008 15:57

whats going on here then?

[stefield] 12/11/2007 00:23

hi doc,
will have to brush up on my mandarin for the agm !

[the_doctor] 11/11/2007 12:23

Just you and the Chinese I think stefield!

[stefield] 23/10/2007 11:49

more good news, anyone else still holding ??

[shaken] 11/10/2007 09:21

Amen to that paps......

[stefield] 10/10/2007 08:47

bought back a few shares recently, not like i used to have, but i think this will do very well from here.