Member Info for gemma4cash

the_shareminator http://www.investegate.co.uk/article.aspx?id=20100708151400Z1127

US OTC: MTGDY Update on THEMAC Resources Group London 8 July 2010 Mercator Gold plc is pleased to announce an update on the Sale ("the Sale") of its exclusive option to acquire a 100% interest in the Copper Flat copper-molybdenum-gold-silver project ("Copper Flat") to THEMAC Resources Group Limited ("THEMAC"). Highlights - THEMAC shares are to recommence trading on the TSX Venture Exchange (ticker MAC.H) today - THEMAC requested the suspension of its shares on 15 March 2010 in connection with the announcement of the heads of agreement with Mercator regarding the Sale - Closing of the Sale is conditional, inter alia, on the completion by THEMAC of a minimum C$5 million equity financing ("the Financing"); regulatory and shareholder approval (Marley Holdings Pty Limited, holder of approximately 70% of THEMAC's outstanding shares, has approved the Sale); and completion of a preliminary economic assessment ("PEA") compliant with Canadian National Instrument 43-101 - THEMAC will seek to raise up to a maximum of C$20 million in the Financing, and will place securities at no less than C$0.50 per security in accordance with the terms of the definitive agreement for the Sale - The Financing is intended to provide funds for the exercise of THEMAC's option over Copper Flat following the closing of the Sale, along with advancement of the project through pre-feasibility and working capital - After closing of the Sale, Mercator expects to hold the equivalent of approximately a 50% interest in the THEMAC's issued shares before taking account of the Financing - Results of the PEA being completed by SRK Consulting (US), Inc. are expected to be released shortly - A comprehensive announcement made by THEMAC on 6 July 2010 may be viewed on SEDAR (www.sedar.com) About the Sale Copper Flat is a former producing mine with substantial infrastructure still in place. Following the closing of the Sale it is the intention of THEMAC to exercise its option over Copper Flat and to return the project to production, subject to the necessary feasibility, financing and permitting steps. As a result of the Sale Mercator will acquire a substantial interest in THEMAC and will therefore retain a substantial interest in Copper Flat's future development. In consideration for the Sale, THEMAC will issue to Mercator 10.5 million common shares and 10.5 million common share purchase warrants. Each warrant will entitle the holder to acquire an additional common share for a period of five years after closing of the Sale at a price of C$0.28 per share. As announced on May 10 2010, Mercator has additionally acquired four million subscription receipts of THEMAC, which will convert to four million common shares and four million common share purchase warrants. Each warrant issued in connection with the subscription receipts will entitle the holder to acquire an add

TGB1 Not as much as you think.O dear rude & unprofessional with it. So let me get this right FML has a market cap of 50m & your shares are only worth 4.75p to 5.5p and with all the new FML shares about to come to market.and you think it's looking good for small investors on FML.DREAM ON.FML is also in a very risky area of the world more than normal for mining. You were ranting about the Australian Mining tax for weeks on end when I & others were saying it would be watered down or may even not come to anything.

TGB1 am I seeing things or are your FML share price 4.75p to 5.5p also 150000000000 shares about to be in issue after the merger that FML are going through.I think you should just go back to your own company you have shares innnn.Not arguing with you.

the_shareminator It was a very bad day for shares yesterday.MCR was up 6% lol.

Commodity asset development company Mercator Gold (LON:MCR) was one of the top performing stocks yesterday among the juniors with a 6% gain

Anne Carpenter of Remote Energy Solutions, who will be chief operating officer of the joint venture, clearly thinks this is adequate and she has been around the renewable energy side of the mining business for some time – most recently at Goldcorp. She will co-ordinate the State and Federal permitting of the Warm Springs project, along with interconnection and transmission studies, stakeholder engagement, technology selection and financing. Her task may be made that much easier as President Obama is now clearly turning his attention to cleaner energy following the BP disaster in the Gulf of Mexico. New Mexico should benefit significantly from this as it has already announced its intention of becoming a centre for renewable energy and related industries. Warm Springs should be offered grants, tax breaks and other incentives, and it should generate plenty of attention.

US to provide nearly $2bn for two solar energy projects http://news.bbc.co.uk/1/hi/world/us_and_canada/10500164.stm

TGB1 I go away for the weekend and you are still on this board in a company we have a interest in and you don't, all you have done for month after month is de ramp, a very sad person.Don't know who you are so don't listen to you.HOUSER you are right about ignoring TBG1.

By the way these shares move up and down on small trades :-)

TGB1 So immature & childish. Still have confidence.It's all a gamble when playing the stockmarket. Your FML is not looking to good they need your advice more than we do. Go back to your board.all you do is bait people.

Gillard bows to mining giants on tax http://www.theage.com.au/national/gillard-bows-to-mining-giants-on-tax-20100701-zqlf.html?autostart=1

250000 sold then just now 250000 bought there is wheeling and dealing going on. That's why I love commodity shares. never still.

TBG1 FML is down as is most companys and stockmarkets across the world today.So you don't know anything we don't already know.

the_shareminator I have just moved some money from commodity's fund into a gold-silver precious metals ISA Fund and starting a new commodity's monthly ISA trust fund because I think commodity shares will move lower so more shares a month & If they move higher less shares bought a month but worth more.I have got eczema from doing all this moving money around :-)

Thought you would be back TGB1 with your complete crape. most of the markets around the world are down today the world is in a bad way.Gold Silver is the place to be & this company has two gold mines & what was you telling all about the Australian mining tax ?Go back to your own board FML it is not doing tooo well today.TGB1 we don't know who you are,How many names you go under.How many other boards you post on etc but on here you just go over the same old ground. China is slowing it's economy down.Spain is in a financial bad place and there could from what I have read another round of foreclosure in US soon plus the west has been printing money like there's no tomorrow.Cooper flat has gold. silver toooo.

Mining tax breakthrough http://www.smh.com.au/business/mining-tax-breakthrough-20100701-zp5z.html?autostart=1

1-7-2010 Australian Mining tax breakthrough http://www.smh.com.au/business/mining-tax-breakthrough-20100701-zp5z.html?autostart=1

the_shareminator I think there is a company called Mercator MINERALS Ltd listed on the TSX operating in Arizona USA with a similar operation as Cooper flat so That is why I think they are changing the name so there is no confusion. Electrum is a naturally occurring alloy of gold and silver, with trace amounts of copper and other metals So that's why Electrum Resources.http://en.wikipedia.org/wiki/Electrum :-)

Not going to get into a immature argument with you TGB1.A 500k buy at 15.17 followed by a 2 million buy shortly afterwards. (TGB1 your FML is well down go back to your board.)