Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Nice one bud. I topped up this morning as well as I am in here quite deep.
Great news, althouh the market hasnt reacted yet! All that's happened is the ask has gone up
Can you share you knowledge of this company on why you think it is going to 17p or is it the same clueless shorting rhetoric that you are delivering over on Talv?
The sp is where it is because the pog has fallen hugely. When it rises, which it and has done for thousands of years, MML will rise with it. The golden rule is to buy when the market fears (like now). This is so oversold its almost unbelievable. If you have time to wait this will be back up.
You bought in at £2 odd and it went up to £5 and you topped up??? If I bought a share and it went up by more than double, I would consider that worth taking?? Being a low cost producer and heading to upping production, it looks very much like it has a long and bright future ahead of it. I'm in at £1.05 and when it gets to around 40% up I will sell half and buy back on the dips. She is certainly no lemon, maybe you could rethink your strategy?
Yeh great advice, I'll buy some heinz shares instead or stack up my attic with beans!! Have you ever watched te videos on hiddensecretsofmoey.com?
Fair enough. The thing is, do you really think that anything has been repaired since the last crash? They printed their way out of it and the debt is now ever increasing. They also dropped the interest rates and have no where to go from there, although there has been ridiculous talk of NEGATIVE interest rates being implemented. There is nothing left in the bank. They can't taper although they have been promising to since May, not even 5 measly billion of the monthly $85 billion. Things will just get worse and worse until the faith drops out of the currency altogether, that's all that is keeping it going, faith. The Chinese and Russians have voiced big concerns over QE and are buying gold in huge amounts, why is that? they are certainly not stupid. I agree it might not be for a while but there is a large bubble and it will burst.
Each to their own m8. A black swan event is expected in the overbought, QE funded, main markets and pms will be the pace pis rush to when the dust has settled. True pms are down now and I heard a wise man say the other day, "make your money in equities and spend the profits on gold " personally I am holding long term here, 8 years long at least and I'm hoping my recently adjusted average of £1.05 here will help me enjoy retirement when it arrives. That along with a certain oil company in Kurdistan that I hope goes to moon soon.
How many currencies have emerged and failed since 1801 Mr Jolly? Gold and Silver has outlived them all. Lets see how well the bond market does in the next few years shall we :-0 I certainly wont be letting go of my bargain miners. Good luck with your Stocks and bonds though.....and thanks for the laugh
No probs, this was released a few days ago which also should help. http://www.proactiveinvestors.co.uk/companies/news/63633/medusa-mining-offers-opportunity-suggests-cantor-63633.html
Hopefully it will be up and running before Christmas. These guys have us as a buy after recently changing their mind from shorting us mid week. GLA www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=MML.L
Because the pog has been smashed and the sentiment in the miners is low on top of that one of their mills breaking down a few months ago. It wont last forever though and if you own shares at this price, when the worm turns, you will be very happy about it. You have probably heard people say many times over the years, "I wish i could have bought at that price" for whatever it alluded to.......... I see this as fantastic value at the moment and fortunate enough to be able to own the shares although my average is £1.08. Secondly this is a low cost gold producer so they can withstand the price drop better than many others. Medusa have now got the new power cells on site for the new mill and production is expected to be ramped up substantially, soon. Many of the miners have trimmed their costs and made their operations far leaner and more effective due to the drop in price of PM's so when they do rebound it is likely to be higher than before. HOC is another such miner that offer huge value and has excellent fundamentals. imo of course but you only have to look at the price charts to see where this will go
That just about sums it up. Onwards and upwards from Monday when the cells arrive.
A good move Jibbo. I wish I had more funds to average down but I'm stuck at 1.09 which I thought was a bargain at the time! Hopefully we've seen the bottom now but if we haven't i'm not that bothered. It's a no brainer stock imo. Off out now have a good day all
It's all good news this morning and when the pog goes up, we'll all be glad we're in here as that will be the catalyst. It's just a waiting game at the moment. The patient will win and the fearful will lose.
Who knows bud. This was posted on HOC tonight and it makes lots of sense to me; "I am going to end this with a very important message. We have seen that gold and silver are very probably completing Head-and-Shoulders bottom reversals, with prices having dropped down to suspected Right Shoulder low buy spots. In addition, and most importantly, we have seen for ourselves in this update the insane undervaluation of stocks relative to bullion, which is characteristic of a major sector bottom. What this means is that you can go ahead and buy large and mid-cap gold stocks now, and juniors with strong balance sheets that are either producers or close to production, with confidence, and quit worrying about day to day price movements afterwards, because you know that you are buying either at or very close to a major low. So rather than buy the sector and then sit on the edge of your chair biting your nails as you staring at changing prices on the screen, do what Smart Money does, buy them, bank them, and then go fishing or playing golf or whatever you enjoy doing with your leisure time, confident that you have bought stocks that are ludicrously undervalued and that it is only a matter of time before they rally to become more fairly valued." http://www.clivemaund.com/article.php?art_id=68 Basically there is big value in the right miners at the moment and MML is a low cost miner. I'm in long here.
The sp isn't sad compared with other miners it's just that gold got whacked. It will bounce back in time. When other miners were dropping between 15th and 19th november we were hovering around 1.07 without dropping. so the drop seem more sudden but you'll find it is in line with the other miners on average.
Patience is required here
The current sp price is ludicrous and should be grabbed with both hands. When you think of all the shares in the main market and how pumped they are and this share, because of sentiment, is so low it almost has nowhere else to go but up! 3 years ago we were at £5.50..
This company has low expenses and so can whether any storm. When gold goes up again as it will, so will the sp...up to you though. Personally i just bought another 1,968 shares and averaged down from my £1.50 to £1.36