Member Info for AngryBadger

Absolutely agree it is lower risk. But that is the key, it is lower risk, not risk free. We need to rid the board of statements like "This is a no brainer to buy more" (and similarly worded comments).

To be clear of course I'm not saying that anyone who bought under 5p in the last couple of days made a bad move. What I am saying is that although it is lower risk following the deal for La India from a company we all know the name of (I won't say it, I don't want to wake any sleeping demons). Nobody should be jumping in without assessing their personal risk and tolerance for exposure should something go horribly wrong - as for instance Lion pointed out an example of earlier.

Lee gives important facts, which are great. But has anyone stopped to consider what the risks we face are (there are always some risks of course). If you imagine this board is a self contained echo chamber for a minute. Talking about all the upsides is great. But it is probably more important to talk about the risks that we do have and stay informed on those more so than the stuff we know is a given.

Of course I'm not saying we should be doom and gloom and thinking MTL will never pay off. The developments of late are definitely positive for the life of the company. But with these new assets the company is now exposed to other risks. Risks that some of the people invested in the previous company, might know a bit about.

For example in my own view, I feel like Jim Mellon is a risk, which MTL didn't have before, but now does. Now you can say he isn't a major shareholder and can be kept in line with the likes of Bowden and Drachs for example.

What I'm getting at here is potentially a wider discussion about what the changes are for MTL post merger and to consider if any of those changes present new risks that we as investors might need to consider (from both sides of the deal). Doing this might actually bring us all together on one page and provoke more constructive discussion

Shareholder perception of lower risk to be clear doesn't mean it is actually lower risk. It just means everyone investing thinks it is (which has been stated many times on this board). Most are well aware that currently LTH of MTL believe this is lower risk.

I would suggest that risk assessment is something one should be doing constantly, adjusting positions based on the change in the risk factor. This might mean at times selling some MTL or buying some MTL amongst other stocks.

Has been mentioned several times by people who've been here a while that he is normally pretty conservative in his estimates, and over delivers. This might be one of those things - but probably a good subject to do some further research on for sure.

It's fair to say that the risk should be correctly assessed by each person for themselves.

The way you assess a risk is not the way I would do it, or the next person. What I would implore anyone to do is not convince themselves that anything on AIM is low risk.

The bottom line for everyone is that if you cannot kiss what you've invested goodbye and walk away from it and not give it a second thought - you shouldn't be investing that much in whatever you're investing in. Be it MTL or anything else.

Can we all just agree to not post anything at all unless it actually relates to the share and is interesting news, insight and or balanced?

We don't need anyone rubbishing the BoD, we don't need anyone talking about the sun that shines out of the BoD's back....

What we need is relevant discussion instead of baseless back and forth.

I fear this request is too much, and we won't have a single post between now and the gold pour.

I have mine, my broker is X-0.co.uk but they arrived around 30th Jan. Hope this helps.

Fortunes change Cuck, risk management is essential for everyone. This is AIM, your luck can change from one day to the next. MTL is successful now it seems, but there are dark periods in even MTL's history with bad management etc.

What if Darren falls out with Drachs and they sell out unexpectedly? You cannot sit around thinking "These things will never happen we are MTL, we're the safest bet on the market" because they can and do happen.

Not wishing the man ill, but what if he has an accident or a heart attack... all of these things will negatively impact the SP and are completely unexpected but also entirely possible.

To be honest Broom, just don't engage. They will drag you down to their level and dazzle you with the ideal of no risk to the investment (every investment is a risk, be it or anything else on any exchange). Pedro can't help poking fun about the CNR deal, must be mentally unwell wanting to create discord.

Let us not forget that CNR once had a 1m oz resource in El Salvador, but the political winds changed and it had to abandon it with no hope of getting it out of the ground. Now I'm not saying thats going to happen at La India (multiple good reasons why it wouldn't) but it CAN happen if the right people wish it to happen.

There is ALWAYS a risk. Anyone taking a little off the top to cover their investment is doing the sensible thing in their own eyes. But I get the feeling some of this lot would sink their houses into MTL if their wives would allow it.

Slippage is a real thing you just have to put up with on AIM stocks, it has to be said. Also depending on where they got in, they might not mind too much about the 30k if they were pocketing say £200k of profit.

You can always want and need more money of course, but the idea that they could've held out for bit longer for the extra 30k breeds investors who will hold until its worth nothing.

I've learned the hard way that taking a little profit often and making 'base hits' helps to cover your initial investment and anything you get on the remaining stock is gravy.

Without level 2, you've not got any real idea of the slippage you're walking into. The better idea might have been to sell 30k now, and slowly bleed the rest in over the next few trading sessions (and indeed they would have gotten a higher price had they done this) but nobody has a crystal ball. Could've reinvested that 300k somewhere else and made 40k o the right investment you never know why someone is willing to leave so much on the table!

CFC you can't drive people out of a board if they don't care what you think about them. You carry on worrying about 'Dick Dastardly and Mutley' who will live rent free in your head for the rest of the time we're all invested together.

It was an honest question which was asked, as I stated. You clearly have a problem with ex-CNR shareholders, like they have more candy than you do (maybe its the CVRs?) so you've turned into some kind of jealous bully, trying to call people out for reasons you're inventing out of your back end.

Keep brooding over whatever sour fermented grapes you're holding onto, meanwhile I'll carry on holding my MTL regardless of how much you hold or how much profit you're into. Pride comes before a fall and all that.

Thanks Liq, at least I've not missed or overlooked something.

Surrey's comment was clearly speculation at that time. I simply wanted to confirm if Liq knew anything the rest of us didn't.

Take your bile elsewhere CFC. Once again you've used your keen and penetrating mind to put 2 and 2 together and come up with 5. Nobody wants to play with an idiot trying to stir the pot.

What are your sources for this Liq?... Just wondering if you've seen someone of note investing off the back of the conference, or if this is just your own personal take, to be taken at face value?

There could be many reasons... but are they really a matter for this board?

Many of you complain about whinging and whining etc and no hard facts and figures, but you're literally perpetuating the issue by continuing to post about it.

3 separate investors sticking it to broom... what do call a group of investors? A gaggle? A murder? .... A clod?

Broom will be laughing all the way to the bank, living rent free in your heads!

Good bounce, maybe that was the last of the shakeout, might be prudent to expect some choppy waters until March, just to give time for anyone else wishing to exit to get out from CNR, stragglers so to speak.

I think 3 would probably have rocked even the more conservative Ex-CNR holders among us, and probably even a good deal of the more recent MTL crew.

Anyone who topped up below 5p is definitely

@vermillion1966, I assume you mean the CVR's?

These are now firmly embedded in my broker account, and I look forward to being able to exercise them, although I very much doubt I'll be investiing at 5p by that time :D

Honestly, this is always going to have an 'us' and 'them' feel from what I've seen.

@broom happy that we bounced a bit after dipping below 4, gives me some confidence.

Anyone crowing about their great investment decisions is assumed to have made not so great ones, afterall.

CNR was a complete mother to all of us at some point or another.

Now showing in XO Account!

Me too but i cant be sure!

@broomtree, surely that's the same for anyone holding MTL as it falls, most believe it will come good on the board, but haven't sold out to buy in lower...