Member Info for ElectricLion

Tell me that you don't understand the Lassonde Curve without telling me that you don't understand the Lassonde curve...

Kat-079 - erm, I don't have infinite cash just sitting around to be deployed whenever the SP takes a dip? Most people don't. I imagine that's what Surrey means. Also, for many people, position-sizing and risk management must also play a factor.

Look at the headlines folks. It's not MTL specific...

On that, we unfortunately agree dvh. Even by Trump standards, this is a bizarre move. His MAGA base is not liking a big new war. The stock market performance in which he likes to take pride in is going to be decimated. There appears to be no exit plan. Even once they stop bombing them back to the stone age, it's going to be a heck of a mess for the forseeable future. A fitting legacy for his chaotic administration perhaps.

Gold and gold stocks are better placed to weather the storm than most, but that's pretty cold comfort considering the state of the world at present.

Early 2028 for first pour. A bit later for full production, after ramp up. Impatient investors probably shouldn't be investors at all. Early indications are that buyers are taking advantage of the drop.

I expect you will find that the markets in general are red today. Iran situation far from under control, oil spiking, etc.

If you are not trading this dvh, then you need to get a grip. Nothing goes up in a straight line.

Shareholders such as yourself may have lost money. Shareholders such as myself have made it. Swings and roundabouts. I have no beef with you Smelly, but it turns out that you simply invested at the wrong time and are still clinging on to past grievances when you would be better looking forwards. That's not really HAA's, or anyone else's, fault. It ought to be clear now that KEFI has turned the corner, and that the usual disclaimer that past performance is not an indicator of future performance, cuts both ways. On that basis, I am happy to continue holding. Good luck in your future endeavours.

Still keeping an eye on us Smelly? Considering buying back yet, or when finance is (finally) finalised maybe?

While I feel the pain of very LTHs, I've tripled my money over the last 12 months. Whatever did or didn't happen 7 or more years ago, it's time to move on. While of course there are no guarantees, I fancy I'll make decent money in KEFI in the future too, which is surely more important than anything that happened in the past. Each to their own, but I prefer to look forwards rather than back.

Don't let the SP dictate your emotions. All is not lost just because the SP is down a tad. Equally, when the SP is racing higher doesn't mean that there won't be further challenges still to come. But if you keep your head and have done your research, then you can top-up on the dips, if you have dry powder, rather than moaning about it on the board. Let HAA do his job for goodness sake, and accept that the market will do whatever it will do in the short term.

I'll probably be topping up a couple of K later, but need to transfer it to my wife's ISA first, as mine is full!

Decent summary, but TBH I wasn't convinced by your reasons for being down on the company previously. Anyone following your advice would have already missed out on tripling their money. A lower risk time to be buying now of course, and still a considerable way to go until fair value, but still, I'm glad I did my own research.

I think your attitude is terrible, and you're also incredibly rude. I have tried to remain civil and reasonable, and you have shown your true colours. You really need to look in the mirror before accusing anyone else of anything else. Filtered.

Sorry, last post - new points occurring to me just as a hit submit! Your point about MTL being cash-rich from Runruno is all really rather beside the point. A cash-rich mining company without a mine isn't a mining company any more! It's just a bank account! Could have all been wound up of course, but again, DB preferred to continue, unless you're saying you know better than he does? That's why MTL needed CNR - MTL had the cash, CNR had the mine. Just as well, considering that Runruno won't last much longer and Dupax doesn't seem to be a goer at this point in time. The future of MTL is with CNR's assets, whether you like it or not.

PS. Your CEO, who you all respect and admire, thought is was a good enough deal to go for. Perhaps consider the hypocrisy involved in a.) extolling his virtues, and b.) dissing the CNR deal. Did he make a bad deal, or not? Can't have it both ways.

Point is, it's done now. Get over it.

CuckoldKing: You're welcome to ignore or filter anyone with a differerent viewpoint to yourself. Whether that is a wise or sensible choice, only you can decide. But CNR saved MTL's ass, just as much as MTL saved CNR's, and we're all in the same boat now either way, so maybe stop bleating about the them and us (yes, I know you're not the only culprit, but you do seem the most vitriolic), and accept that we're all here, together now.

Https://miningdigital.com/news/top-10-global-mining-ceos

https://www.metalsminingrevieweurope.com/cxo-awards/top-10-ceos-in-mining-industry-2025-6/

https://tractopart.com/top-10-ceos-in-the-mining-industry/

That's a CV, not a list. It is impressive, but not unusual. And yes, an "IMHO" could have avoided the whole debate.

+1 Sakura. I've heard variations of this hyperbole before, but it harms the credibility of those who espouse it unless there is some evidence. Who is responsible for creating the list? What criteria are being judged? Are there awards?

Extraordinary claims require extraordinary evidence.

https://en.wikipedia.org/wiki/Extraordinary_claims_require_extraordinary_evidence

@alanos. Likewise. Sneaky bugger. Filtered for a second time. Taking the mickey now.

I'm honestly not sure what the issue is Surrey. Obviously, we'd all like a 10-bagger in a day, but that's not realistic. 12-month performance is up 172% - that's better than a kick in the teeth, as they say. The Philippines story has been a damp squib for sure, but has fully funded La India development, and could still suprise to the upside. MTL has zero debt and La India is ahead of schedule.

The Iran situation is kicking pretty much everyone and everything, but we're doing better than the GDXJ at time of writing, and we just have to keep our fingers crossed that it blows over quickly. Even if it does not, gold and gold equities are better placed to withstand the storm than most other things.

TBH, I think it's your expectations that are the issue, not MTL's performance. Do you have SP target/s in mind for when you'd like to sell up, or milestones you'd like to see hit? If so, and we are lagging those, then maybe you should take it on the chin and adjust your strategy accordingly, buying/holding/selling as appropriate. If you have no such targets, then how can you dissappointed with where we are, given you have no frame of reference to judge it to be good or bad?

I suspect that you have a large portion of your net worth in here. Another thought is that you may be a little more relaxed if you diversified a little, then your emotions and your financial outlook wouldn't be influenced quite as much by MTL's day-to-day SP. Lee may be happy gambling the lot, but most of us would rather hedge our bets a little, so that all our eggs are not in the same basket. It's very tough mentally if your risk profile is at odds with your actual investments. It may be worth considering a re-balancing exercise at some stage.