Member Info for AuInspired

Hi guys, don’t get too carried away with the rise today…currently it’s not easy trying guess the short term share price due to the special circumstances that have arisen. It should be a higher multiple of today’s price and in the medium to long term it will be… subject to MTL delivering on their plan and other things be equal. However there are factors beyond MTL’s control but these should be removed in the next couple of months. I’ve alluded to a few things recently that have held back MTL and so have been adding to my family’s holdings, at the current price levels. Generally, I believe the share price has been held back by “the large seller” who still may have a few in hand. Further, the MM’s who generally we all need to trade through are experts at extracting gains when this kind of situation arises. They are usually working on small margins and only have skin in the game via very short term trading. However, when a case like MTL arrives they can become more strategic. Therefore it makes it very difficult or near impossible to day trade or have a short term entry and exit strategy. Over the last few months, if you were hoping to make a profit and bank it before Christmas (understandable in general market conditions) you’d probably be disappointed. This is a share for the medium to long term and especially when setup in an ISA or pension (thinking of taxable gains) because the odds of a multiple increase far outweigh the possibility of loss. Buy now only only for the medium or longer term.

Gold has risen above its upper Bollinger Band so a new uptrend could be underway… helped by recent news…

India announcement that pension can now include gold and silver for the first time. BRICS are close to agreement on “Unit” as a basket of currencies to include gold (40%) in a new international trade transfer system to replace and/or replace with SWIFT. Trump likely to put troops on the ground in South America.

We live in interesting times… and gold safety stored underground is a prized possession. Only sell if you need too!

CF… I have well in excess of 10m other members of a group, which I manage, have millions more. Many are family members including grandchildren. Assuming these posts will soon be buried and only the few who are reading today’s posts will know this… I will reveal that my surname is in fact… Mellon.

I think you guys on this board are doing a great job of keeping those who care to read this board upto date as well as test out theories. Some seem to spend a good deal of time here and are willing to do the research to help others. But in the end we all want to make money and by some accident or design we’ve ended up investing our hard earned money in MTL but at some point we’ll all need to cash out and our lives will move on. JM has moved on. That doesn’t mean to say MTL is a poor investment. On the contrary for those of us here “in the know” this is possibly our opportunity to capitalise on his vanity. Fill your boots.

Mellon has shifted his full attention to the Agro Fund company he founded. If you check this out you’ll find he has lost his original founding partner and has needed to pump large sums of money into startups that the fund manages. Hence the change of direction in Condor and lack of progress in building the mine (in the last couple of years of his control) despite the fact he bought some equipment.

Even multimillionaires can’t afford to do everything. His focus has changed… he has a liquidity problem and selling shares in MTL is now his cash cow. He is now on the hook for his vanity project in which he has invested his reputation which means more to him despite the potential of MTL. I’ve been there and I’m sure you can think of situations where you too have done this.

I see MTL as a great opportunity at these prices partly because I had identified the reason why JM was selling.

Bitsub. I suggest you read up about the Lassonde Curve. With La India in the construction phase MTL is at the lower reaches of the upward curve… by this time next year Rodney we could all be millionaires.

Just bought another £53k for the bargain price of 13.5p at the opening this morning.

You’ll notice I changed back and forth between buying an odd number of shares to round number of shares back to round values including costs. I also used two different platforms so that the MM didn’t suspect I was building a large number. This is because when I first rang up a broker to get prices at around 2pm they gave me silly numbers. I then hatched the plan which probably caught the MM out.

I believe MTL is a longer term investment that should be held in a pension or preferably an ISA as the possibility of multiple times the current price is very achievable. Shield yourself from Capital Gains taxes as much a possible even if it means investing with your partner or for your children or grandchildren via Junior ISA’s.

My purchases are all showing here now.

All those grey ones from around 3:30pm today were mine and they were all buys. There is still one of 50k including costs to show up and it will be priced at 13.168p.

I have just sold a chunk of Equinox as it was always my intention to move across from them to MTL based on timing of production etc all based on Lassonde Curve, as I’ve mentioned before.

Some way to get yet before disclosure. Interesting to see that only the last 4 purchases 2x13k and 2x7k just before 4pm have so far shown up whereas the earlier much larger ones of around 30-50k have yet to be to reported. I trust the MM got their fingers burnt as I used two different platforms and go the majority at close to 13.20 well below current selling price!

I just bought around £200k worth in lumps of 50k down to 7k as the MM stopped taking my orders and I needed to wait for their reset lower… it took about 30mins.

Sorry… “Engineers typically aren’t good at news flow and having an outside media company do it is usually the best”. Should have read usually NOT the best.

I mentioned in my post on Sunday… in my view we are at or near the bottom of the development/construction phase of the Lassonde curve.

In essence I believe institutional investors will not be investing until MTL is further along in the construction of La India. Ii’s are also discounting Dupax and mine extension(s) as they are not proven… yet! The internal funding coming out of Runruro is equivalent to getting a letter of credit from a dodgy customer as production has been stopped a couple of times very recently and the mine is on it’s last legs… depleting mines are not guaranteed production. There is always a possibility of needing more funding!

Engineers typically aren’t good at news flow and having an outside media company do it is usually the best. DB needs to hire the equivalent of Ryan King (ex Calibre now at Equinox). Someone who’s sole job is to promote MTL day to day, answer investors questions directly and reading chat room banter, like this, and putting together top presentation material including the website as well as responding in a timely way.

MTL aren’t getting the story out there. Ii’s like speaking to an employee like Ryan to get a better feel of the company they are about to invest other people’s money into. Do this and the cost of hiring will be more than reflected in the share price… an we would be able to get direct answers to some of our mundane questions directly without bothering DB whose day job it to get on building the business.

Keep the faith.

Why… MTL is currently priced as a developer not a produce. With its only source of income having 15 months of production left Runruro is discounted. La India is under construction but not scheduled to start production for another 12 months. Dupax is being drilled but cannot be counted as we don’t have any drill results… yet.

Opportunity… Institutional investors placing MTL at the bottom of the mine construction phase of the Lassonde Curve… the only way is up. Management and finances are in great shape with no need for outside funding. Gold is being accumulated by Central Banks as insurance against US$, tariffs and government debt issuance. Inflation the precursor to higher gold prices is still a major issue… rising or at-least not falling. AI, bubble or not, it still may not workout well for everyone and the flight of money from Bitcoin et al may end up going to the next leveraged opportunity “Junior Miners”.

I rest my case.

The Lassonde Curve would therefore have it at or near the bottom of the

Toronto stock exchange is the premier market for precious metal miners and companies have higher valuations. Should MTL have a duel listing or move exchanges? One problem would be withholding taxes of 15 or 30% on dividends based on W-8BEN.

Sakura7… “good” engineers aren’t risk averse they measure, evaluate and take steps to mitigate risk, if require. Acquiring this knowledge allows them to become better informed and make a decision based on the “facts” as they know them. They therefore take calculated risks. By better informing yourself you can make better personal decisions.

When investing it is usually important to mitigate risk by having a balanced portfolio of shares in way that meets your personal risk/reward profile. For some this means having different classes of shares or investments to control their exposure. However we all have different risk profiles and should be ready to make adjustments… we should be ready to reevaluate what we stand to lose and win as events change risk levels.

Personally I don’t think MTL need to sell forward production, if they did I would probably sell a portion of my 10+million shares.

Frisby has been the go to precious metals writer for Money Week for the last 20years. He has just revealed that his current largest holding is MTL and he’s not selling.

His final comment in today’s Substack post “we could be looking at a 350,000/oz producer by the time La India is on stream. That would mean a market cap in the billions. Current market cap is £340m”

MTL is probably the most underrated stock currently on AIM and gold is predicted to rise substantially from here I have therefore bought another £77k’s worth of shares this morning at 12.6p.

I’m expecting and update in the next couple of weeks giving good news. This coupled with the current pice of gold should propel the share price higher. Hence I sold some of my Equinox shares and bought more MTL. The last two purchases on Friday showing on the Trades List were my purchases of £64k and £43k hence the slight uptick near the end of trading.