Monterrico Metals Share Discussion Threads

[the_doctor] 02/4/2008 10:09

davros
Big investment needed to get it going
Concern over commodities downturn
Problems caused by the Peruvians

[chesty1] 02/4/2008 10:07

Because he's not long....

[davros006] 02/4/2008 10:07

What makes you think the mine won't go ahead edmond?

[lowso] 02/4/2008 10:00

Agree Chesty watching and waiting. I think we will be going up again today

[chesty1] 02/4/2008 09:54

If it was a dead cat ED then it would have fallen back by now IMHO.....

Watching for a push north at some stage today.

[edmondj] 02/4/2008 09:43

The dealing in a tight market is indeed relevant; but surely the key issue here (from any long-term perspective) is whether the mine goes ahead at all.

Same applies to GCM: another Chris Eager founded, ex-wonder stock, de-rated.

Hence this is either a marvellous long-term buying opportunity or traders' dead-cat bounce!

[regandjess] 02/4/2008 09:37

Tried to buy this am with Barclays,no joy at all except for piddling amounts.

[lowso] 02/4/2008 09:35

Late night on the sauce in Paris with some old Rugby friends. What did I miss. hmmm a little more progress

[davros006] 02/4/2008 08:26

think there were caught on the hop yesterday, when i phoned through my second S.bet, all i could hear in the background was panic about MNA. Nice to see them work for their money for a change. lol
Might have another little punt today also. Using sept longs longs so happy enough to wait for £2.50+ maybe.

have we lost everyone overnight? lol

[chesty1] 02/4/2008 08:22

Well they are atleast playing online a bit today at £1.50-£1.45p

[davros006] 02/4/2008 08:13

Mornin chaps. lo chesty m8, hopr you're keeping well.

£1.70 on the cards?

looking good for it this mornin. nothing but buys so far and still ticking up.

[chesty1] 02/4/2008 07:04

Morning all

A blue open I see.....

I feel this is gonna be walked up from here.

Be lucky to all

[aspers] 01/4/2008 21:22

Looking again on the Peru news web site today.....found this link, I wonder who the buyer is?????

Strike Shares Advance on $650 Million Peru Sale Talks (Update1)

By Jesse Riseborough

April 1 (Bloomberg) -- Strike Resources Ltd., an Australian iron ore company, gained the most in two months in Sydney trading after saying it remains in talks with a group led by a major mining company to sell projects in Peru for about $650 million.

A sale would value Strike's stakes in the projects, including Cuzco and Apurimac, at about $450 million, the Perth-based company said today in a statement to the Australian Stock Exchange. The stock advanced by as much as 28 percent.

``I'm a little surprised that they would sell out at this point, but it is a pretty generous sort of offer,'' Peter Arden, a Melbourne-based mining analyst at Ord Minnett Ltd., an affiliate of JPMorgan Chase & Co., said today by phone. ``$450 million is big number for a small company like Strike.''

Strike, which today had a market value of A$231 million ($211 million), said March 14 it may get more than A$254 million for the sale of some or all of its assets in Peru. The company didn't identify the potential buyers in today's release.

Strike rose as much as 67 cents to A$3.10, its biggest gain since Jan. 25. The stock, which has risen by 37 percent over the past 12 months, traded at A$2.67 at 2:47 p.m.

``The company is aware of recent media speculation in Peru that a transaction has been apparently concluded for the sale of Apurimac Ferrum SA,'' the company said in today's statement. ``No binding agreement has been reached by the parties.''

The Peruvian iron ore assets are Strike's most advanced projects, Arden said.

To contact the reporter on this story: Jesse Riseborough in Melbourne at

[ihavenoclue] 01/4/2008 17:10

shaken - 1 Apr'08 - 16:15 - 2481 of 2483


Monterrico Metals says unaware of any reason for recent fall in share price
Date : 25/03/2008 @ 12:44


INSIDER TRADING??????????????????? apart from the ululating unicorns does anyone know just what happened to make these bounce back up?

===================================================================

About the same thing that caused it to drop 200p .... not a lot !!

[davros006] 01/4/2008 15:47

Happy enough with the finish. Above £1.50 would of been uber bullish but still strong at the finish.
More to come tomorrow?

Catch ya's at the open.

[edmondj] 01/4/2008 15:22

A few bottom fishers in a tight market. Looks as if the seller is still around, 32k shares at 131.7p. Strange why the clampdown on online trading today.

[shaken] 01/4/2008 15:15

Monterrico Metals says unaware of any reason for recent fall in share price
Date : 25/03/2008 @ 12:44


INSIDER TRADING??????????????????? apart from the ululating unicorns does anyone know just what happened to make these bounce back up?

[davros006] 01/4/2008 14:07

Speaking of ululating unicorns.... If you meet one, never offer it a game of leap frog. :o)

[arf dysg] 01/4/2008 13:42

Whack me with a jolly wallaby!
Wallop me with a wet walrus!
Slap me with a slippery kipper!


Ululating unicorns!
Galivanting gargoyles!
Timpanic tintinabulations!
Perambulating paranoid piranha!

[lowso] 01/4/2008 12:48

Indeed, nice work

[davros006] 01/4/2008 12:48

lool.

Gotta say, am considering bolting myself..Would dearly love to settle in Switzerland.. My CFD account is called "Chalet in the Hills". lol
A good reminder of what i'm working towards. Finga's X'ed.

[chesty1] 01/4/2008 12:47

Well done ds.

[dssloan] 01/4/2008 12:45

still in Chesty 1...just squeezed out 30% of my holdings after a 17% gain....

edit: but what I gain is being nibbled away by leaking VOG but not by enough to outweight the gain