Rambler Metals & Mining Share Discussion Threads

[excellance] 13/7/2019 02:19

New management have just recently taken over. They raised cash to cover unplayable debts and to raise capital for expansion. Delisting from TSX was odd since Canada is good to miners, but the mea boys are London boys and I suspect that's why London.

Copper is still too low, this is still s loss maker, tho increasing production and improved grades should help.

[willyk3] 12/7/2019 18:29

This ought to be a big time multibagger , but with the present crew in charge I fear that the common shareholders will never see a dime. Make no mistake...the goods are there..mine life extended to twenty years , open all around , better grades at depth,and of course a stable jurisdiction with an inferior currency. So whats the problem? Management of course...and their interests are purely for themselves. We can see how they screwed over Canadian shareholders when they finally took control of this asset, delisted the stock in Canada and of course massively diluted the shares in the process. Now the public float is minimal...probably an annoyance to these guys and I would expect that in due course they will go private at these ridiculously low prices.. After which ...the profits will roll...but not for you and me !!!

[excellance] 12/7/2019 15:35

Ready to bounce?

News can't be far off..

[cinoib] 11/7/2019 10:32

All buys today yet all they do is open the spread, You need to put the bid up you greedy git MM's or you'll never make a market.
Copper price is drifting slightly higher again so hope for good news with the next rns. Keep your chin up Ex as if anything goes a miss am sure some big boy will step upto the mark and bid for it.

[excellance] 10/7/2019 16:30

Copper prices only going up from here, gold doing great, not sure what the current breakeven copper price is for this, probably just a little higher than the present price, but maybe we'll hit higher grades, and maybe the gold content can keep the wolves from the door for now?

Next update will be definitive, can't wait!

[cinoib] 09/7/2019 09:57

3 100k buys so far and no move on the share price yet the other day the share price dropped 13% on 1 sell of 100k, stinks of manipulation.

[cinoib] 08/7/2019 22:51

Ex, Copper price are slightly higher over the past 30 days so something maybe happening in that dept, I suggest you have a read of the article in Shares, is very upbeat and informative.

[excellance] 05/7/2019 18:38

I agree with that. Copper and nickel should do very well in coming years, but right now they are really struggling, and Rambler need every penny they can get.

This year will be a struggle for us, so I'd love to see the promised "global upgrade" and drilling report, tho I think the accounts will be ugly.

Let's hope we survive.

[cinoib] 05/7/2019 16:33

Ex, Don't get panicky on me. Have just read a 4 page article in Shares about the prospects of copper and copper producers, how demand is about to outstrip supply and over the next couple of years that will keep pushing up the price of copper and now is the time to buy copper miners as they are in for a few bull years untill there are new discoveries made then supply demand will continue to be in the favour of suppliers. So hold your chin up and your nerve as it will come.

[excellance] 03/7/2019 20:10

At current copper price these must be losing money, and with big cap ex on expansion it looks certain this year will be a challenging loss making year.

Hard to see where the cash will come from to keep operations going unless copper rises by just 25c per lb.

These really have to get that cost per tonne ($lb) down, but maybe with increased production, improved grades and a few mine mods they can get costs under control, and make a profit.

[cinoib] 02/7/2019 15:27

A blue day for a change.

[excellance] 28/6/2019 10:02

Just AGM today.

[excellance] 27/6/2019 11:59

The spread is unreal, liquidity terrible, but the chart today just reflects the reality of the last week or so and has just caught up.

Copper is beginning to rise from the recent lows, $2.60 to $2.72 now, so it stopped falling and is beginning to strengthen from here.

Rambler needs copper prices to rise a bit more to make any profit at all, and we should get news tomorrow on that.

I'm expecting the news to be bad but the future to be good, so bad numbers tomorrow won't be a surprise to me, the question is how bad, and what does the future hold?

I'm expecting copper to jump to $3.50-4.00 within weeks, and that will be the tonic Rambler needs.

[cinoib] 27/6/2019 09:14

1 miserable sale and they drop it 13%, no f---ing need for that greedy bloody MM's.that's a bloody disgrace.

[excellance] 26/6/2019 17:25

News any day now, hopefully of a turnaround

[excellance] 25/6/2019 21:36

Got loads already, more cash in ECR than here in rambler at the moment.

[bmnsa] 25/6/2019 08:33

ECR is where the wise money is headed.

[excellance] 25/6/2019 01:04

Interims due on Friday.

Maybe we'll get our mining results and upgrade to offset expected losses?

Copper has been weak so I can't see any real improvement, and development is ongoing.

[excellance] 24/6/2019 22:25

Hello, anybody alive in here?

[excellance] 24/6/2019 04:23

News due...

[excellance] 23/6/2019 19:57

No way...Maybe a bit?

[bmnsa] 21/6/2019 14:50

'Pump and Dump'Never

[excellance] 20/6/2019 13:41

This aught to be a star performer in these markets, with no debt and rising prices for their produce...