The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Not arguing. I follow my own instincts . You can do all the chart thing and still have an outsider come in.I only play the market with what I can afford to lose and I am a small investor.
on just one point. I bought shares in Norseman and didn't stay in long and sold when they were just a few penny's and the rest is history. It;s 57.25p as of today. IMO Meekatharra is as exciting. That,s just my thoughts. My risk My investment.
Hey all companys go to the markets to raise cash. Better to do it now than in a few months time when it may be hard again to do it due to the economic situation which has not gone away.With cash in the bank they may get opportunity's to pick up IMO bargains.They have a lot of assets and have diversified across different continents.They also have a cash generating business ACS Asia with $10 million turnover and in profit with. They have investments in Meekatharra Gold in Australia and Paniai Gold Project in Indonesia.DYOR. kurdishking well done TBG1 has been de ramping this company all week.Even with this placing there will only be 289,250,562 shares.I am happy to stay in here mainly because I was in here when their main asset was Meekatharra and excited to see it back into production at some point. The mine is there with $100 million of mine equipment and infrastructure in place.To all do all your own Research and then make your own mind up in which company you may want to invest.IMO dont trust anyone that de ramps a company then tells us by the way I have invested in this company.This is a company that is growing all penny shares have risk but may also give huge rewards at some point.No ramping. No de ramping. Just investing and happy.I will not be arguing tonight .I have said my bit.
If you wanted to have shares that give you some stability I would of put money into HOC,AVM,CLF or RMM but with penny shares you have bigger risk but also possible huge rewards.I have put a small amount in here.Shares go down as well as up we all know that and this company IMO is coming out of the last few years growing and diversifying a cross different continents with good assets IMO.I am not a day trader so in for the time being.No ramping. No de ramping just investing DYOR.
If you say so. All I will say is that you have a right to believe in your views and I my views.You must of lost a lot. I have lost money over the years and I just have to pick myself up and get on with it.I have a small investment in here over the last few weeks.I have done my own research into this company and I am ok with it all.I am not a day trader.We only have your word that you are an investor in this company.DYOR to all
Their you go again about people selling again and after hr .By the way i am not chatting about uranium today so I don't know why you bring that one up and they are exploring for that stuff not going into production near term.We all know how long mines take to come in to production if you know anything about mining and also by the way how volatile mining shares are that's why I like them but as I say these two mines are going into production .DYO.
I can also say the gold price live is now up $16 to $1218 oz I am excited about Meekatharra mine and Paniai Gold Project. Papua NG with gold at these prices.IMO anything over $800 oz is brilliant.IMO.This company will have two assets in production soon.Meekatharra is a good mine IMO and not worried about the oz mine tax which and is a very big if. it is passed into law in 2012 it IMO won't impact on this project as it's targeting majors with huge profits.and Paniai gold is in Indonesia. Meekatharra also has about $100 million worth of plant and infrastructure already in place.
warby988 and sinjunsmythe You have hit the nail on the head.For the most part most investors go to a companys web site or go to web sites for mining company information & up to date info like MINESITE OR PROACTIVE INVESTOR to do some research. Don't listen to de rampers or rampers.DYOR. Minesite. http://www.minesite.com/ & Proactiveinvestor http://www.proactiveinvestors.co.uk/ also mineweb http://www.mineweb.co.za/mineweb/view/mineweb/en/page102055
Ok. what ever you say.
This is not a day trading stock and penny stocks are high risk but can be high rewards.I am not going to be drawn into ramping or de ramping arguments.DYOR.
Any company has to spend cash to build and this company is doing that.I am not going to be drawn into an argument. been doing this for long enough not to de ramping or ramping of a company just DYOR.All iam saying is I am a happy investor.The only person I listen to when investing is myself & I win some and lose some and that is life on the stockmarket.I am in here and staying in for now as I am happy how things are building.constructive discussion is good but not dissing a company when IMO the company is doing just fine http://www.proactiveinvestors.co.uk/companies/news/16325/mercator-gold-talks-about-a-new-name-electrum-resources-turnover-of-about-us10m-and-an-updated-resource-statement-for-the-copper-flat-project-16325.html
This company IMO has not got poor managment.What is poor about having an asset that has a turn over of $10 million in ACS Asia.3 companys that are going to be listed on Australian Stockexchange and the Canadian stockexchange.2 gold & silver plays in Meekatharra Total resources at Meekatharra stand at approximately 42.4Mt grading 1.7g/t for 2.4 million oz Au, with a current minable inventory of approximately 8.48Mt at 6.08g/t for 1.66 million oz Au.and is about to start production again soon and Paniai Gold Project. Papua NG which is also going into production soon and listing on the ASX.With gold at $1209 up $6.5 .Also their shares in Silver Swan Group the oz gold miner and then of course there is New Mexico and Copper Flat Project.http://www.proactiveinvestors.co.uk/companies/news/16325/mercator-gold-talks-about-a-new-name-electrum-resources-turnover-of-about-us10m-and-an-updated-resource-statement-for-the-copper-flat-project-16325.html DYOR. No ramping.No deramping.Just investing.
Illhavesomebhr I have been in and out of this company over the years & know how this company works.I am happy with how things are going.This company is making money and has assets spread across continents with many Resources which lowers risk. I am looking foward to all the news to come & for me looking forward to seeing Meekatharra getting back into production and the Paniai Gold Project. Papua NG also being brought into production. Total resources at Meekatharra stand at approximately 42.4Mt grading 1.7g/t for 2.4 million oz Au, with a current minable inventory of approximately 8.48Mt at 6.08g/t for 1.66 million oz Au. The deviation of the Great Northern Highway has been completed,IMO the gold price, anything over $800 0z is positive so gold at any where over $1000 oz is just magic.This company is not just about gold though. Not ramping.Not de ramping.Just Investing.IMO like all companys there will be ups & downs but IMO this company is growing just fine.DYOR.
Illhavesomebhr Mercator Gold plc is a diversified mining investment company with quality assets and the capability to undertake significant, value accretive transactions. Mercator is dedicated to creating value for its shareholders through a process of finding value, adding value and realising value. In order to achieve this, Mercator is able to access a pipeline of projects sourced from its global network and utilises the expertise of its directors and advisers.DYOR. No ramping.No deramping. Just investing .
Copper Flat, located in the Las Animas mining district in south central New Mexico, is a former producing mine, with infrastructure still in place including tailings pond, 19 miles of power lines, a fully operational substation, building and equipment foundations, access roads and a major system of diversion dams and channels.Copper Flat has historical reserves of 50.21 million short tons at an average grade of 0.45% Copper, 0.1244 g/t Gold, 2.053 g/t Silver and 0.015% Molybdenum, assuming a cutoff grade of 0.23% Copper. The total contained metal is approximately 200,000 tons or 447.872 million pounds Copper, 223,900 ounces Gold, 3.2995 million ounces Silver and 6,600 tons or 14.762 million pounds of Molybdenum.No ramping.No de ramping just investing.
http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10484424 Transaction Update London 10 May 2010 Mercator Gold plc, the diversified mineral development company, is pleased to announce that THEMAC Resources Group Limited (“THEMAC”), a company listed on the TSX Venture Exchange (ticker: MAC.H), has completed a placing of 5,582,556 subscription receipts (“Subscription Receipts”) at C$0.15 per Subscription Receipt for proceeds of C$837,384. Mercator has purchased 4,000,000 Subscription Receipts for total consideration of C$600,000. No ramping.No de ramping just investing and happy to be.
No de ramping. No ramping. Just investing & DYOR. Happy with this company.
ito5off IMO It is positive. I am happy to be in this company.They have IMO picked them selves up very nicely with great projects & making money.They have spread themselves on many continents and diversified.DYOR
http://www.proactiveinvestors.co.uk/companies/news/16325/mercator-gold-talks-about-a-new-name-electrum-resources-turnover-of-about-us10m-and-an-updated-resource-statement-for-the-copper-flat-project-16325.html No ramping. No de ramping. Just investing.
Opposition Leader Tony Abbott will oppose this tax and that may mean facets of new taxation measures relating to a resource rental tax may stall in what could be an hostile Senate It also proposed to come in to use in 2012 which is a long time in politics IMO.IMO It's not going to destroy Meekatharra by the way or Paniai Gold which is in Indonesia.Also this company IMO is building it's self up with some great assets on different continents. DYOR . No ramping. No de ramping. Just Investing