Member Info for AP100

Fair comment Keithb1......I watched him on the SDX BB.....same MO.....he made his money and left.......it comes down to whether your a trader or an investor and if you have done your research for near term or long term gain. I think we all know MTR could quite easily 10 bag...in time..good risk to reward ratio IMO...and Sprotts....and the managements. I have been 60% up and 60% down on quite a substantial investment here.....to many times I have sold a holding for a meager gain only to watch it x bag some years later......not going to happen here....I will be letting the story develop..win or lose! GLA

Drawn in?.....remember; 'Technical Analysts' are predominantly employed by Brokers and Investment Banks and charts made freely available to highlight the points at which a buy or sale should be made....Why should charts and charting software be made freely available?....to generate broker commissions of course !...some investors and traders attempt to exploit these points in the investment cycle which are usually driven by sentiment in the short term....The true value of a company will be ultimately driven by cash flow - profit ...and conversion of assets, goods, or services into cash....Bonkers appears to be a short term swing trader and enthusiastically hypes the charts accordingly....not a crime.......Conversely, my colleagues and I have invested in the fundamentals and belief that the spectacular potential assets here may ultimately be converted into cash and the companies valuation will re-rate accordingly....good luck to Bonkers ....and all that sail with him :)

Just playing the devils advocate ....the SPV creation could be a funding vehicle for another proposed acquisition or maybe was subsequent to the proposed BP deal....?

https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/why-cross-listing-shares-doesnt-create-value

https://www.proactiveinvestors.co.uk/companies/news/213751/metal-tiger-confirms-pan-asia-metals-will-start-drilling-at-thai-lithium-project-in-q1-213751.html

https://www.proactiveinvestors.co.uk/companies/news/213704/metal-tiger-sells-250000-worth-of-mod-resources-shares-213704.html

Great presentation.....really puts the potential in context!

Thanks Forest....

Gonna be massive....District Scale......just got to stay the distance!

Just reading between the lines regards the extents of the NPF contact....."Importantly, the central structural corridor that hosts MOD’s copper discoveries, extends directly into Kopore’s recently granted Namibian licences "

https://thewest.com.au/business/public-companies/sandfire-thrust-into-kalahari-shines-light-on-kopore-ng-b881085171z?utm_campaign=share-icons&utm_source=twitter&utm_medium=social&tid=1548404475169

To Fill or Not to Fill

When someone says a gap has been filled, that means the price has moved back to the original pre-gap level. These fills are quite common and occur because of the following:

Irrational exuberance: The initial spike may have been overly optimistic or pessimistic, therefore inviting a correction.

Technical resistance: When a price moves up or down sharply, it doesn't leave behind any support or resistance.

Price Pattern: Price patterns are used to classify gaps and can tell you if a gap will be filled or not.

Exhaustion gaps are typically the most likely to be filled because they signal the end of a price trend, while continuation and breakaway gaps are significantly less likely to be filled since they are used to confirm the direction of the current trend.

When gaps are filled within the same trading day on which they occur, this is referred to as fading. For example, let's say a company announces great earnings per share for this quarter and it gaps up at open (meaning it opened significantly higher than its previous close). Now let's say, as the day progresses, people realize that the cash flow statement shows some weaknesses, so they start selling. Eventually, the price hits yesterday's close, and the gap is filled. Many day traders use this strategy during earnings season or at other times when irrational exuberance is at a high.

The good thing about the bid, even if it was low - ball regards the district scale potential...is MOD (MTR) should be on the majors radar from here on in...just my thoughts...

....possible district scale....enough said

Spot on Joe.....Sacre blue indeed...lol

lol.....you realists.......thanks for your take on the Sprott Note. I hope they have thought about the realities of this investment prior to advising their clients to buy.

Massive exploration upside appears to be the main focus of their investment ......long term view required here IMO.

The note extracts as posted below kind of supports the recent RR comment regards a 'Spectacular Discovery' IMO

The most recent deposit to join the giant category is Cupric Canyon’s Zone 5 discovery in Botswana, along strike
of MOD’s T3 deposit. As this is the first deposit of major size in the Kalahari Copperbelt, it is a game-changer for
the endowment of the basin in our view. Specifically, it establishes the Ghanzi-Chobe basin as only the seventh
basin globally to host a giant sediment-hosted copper deposit.

Our view: We think the Kalahari Copperbelt that hosts the 2Mt Cu Zone 5 deposit and where MTR has exposure
to 16,000km2

is a premier belt for sediment-hosted copper exploration globally, and potentially the best on a risk-
adjusted basis. Of the seven belts that have demonstrated potential to host giant deposits, the Kalahari Copperbelt

is unique in that it is both in an excellent jurisdiction and underexplored, with easy access to drill and low population
density. The Kalahari Copperbelt has largely ‘flown under the radar’ because its potential was only established
recently per the discovery history shown in Figure 8, and because of widespread post-mineral cover. As porphyry
belts are over-explored at surface and sub-economic at depth, large copper discoveries are stalling globally and
majors are returning to the sediment-hosted copper class. Coupled with MOD/MTR’s dominant land position and
demonstrated targeting success under-cover (see below), we see this as one of the most exciting copper
exploration plays among junior explorers globally.

https://www.proactiveinvestors.co.uk/companies/news/212687/amid-the-current-global-uncertainty-how-bearish-should-we-be-on-copper-212687.html

https://twitter.com/tmsreach/status/1083288071578238976?s=21