The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I was waiting for you to returne to be rude. It was just a maybe.lol. You seen your shares FML DOWN 4.75 to 5.25 O dear.No did I say that. build solar powered energy on site in Australia and Indonesia & Why not. I don't know why you really want to provoke argument on here when you are not even invested in MCR. I would worry about your own investments in FML.
Maybe MCR will use Remote Energy Solutions, LLC (“RES”) & Mercator’s subsidiary Warm Springs Renewable Energy Corporation (“WSREC”). To build the power to both Meekatharra gold mine and Paniai Gold Project. Papua NG. Then that would bring even more cash into MCR ACS Asia, an Asia Pacific Focused Metal Products Business. Just a thought. From a none professional investor.
I don't post on iii. but on there 2 de rampers are making it look as though The Meekatharra mining complex is a bad asset but it's NOT. currently on care and maintenance. 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, which now allow mining of the Surprise pit to resume at some point soon IMO and going to be listed on the TSX with MCR having a stake in it. Could some one please post this on iii. A fair and balanced view. No ramping No de ramping just investing.
21-6-2010 http://www.minesite.com/nc/minews/singlenews/article/mercator-gold-hopes-to-use-solar-energy-to-power-mining-and-processing-work-at-its-copper-flat-coppe/1.html I trust the directors of MCR. they have brought this company through some bad times .The credit crunch,ring fenced Meekatharra because the great North Road had to be re diverted which has now been done by the Australians.This is IMO coming out of receivership with MCR having a stake in Meekatharra Gold Corporation.The mine has $100 million in infrastructure & 2 million oz.So IMO they brought their only asset at that time through a bad period with out losing it.Australia has a general election before April 2011.So there may never be a mining tax but if there is IMO it will be watered down.This company has now diversified across many continents and mainly in politicly safe locations.Copper Flat Project asset is linking MCR other assets into the development of this mine with Warm Springs solar power project & ACS Asia. MCR Asia Pacific Focused Metal Products Business.so IMO this project is coming together just great.Uranio AG. MCR is concentrating with this asset on uranium in Argentina although Uranio it,s self is concentrating on it;s assets in Congo.Paniai Gold Project. Papua NG MCR has 50 million shares in this company which is going to be listed on the ASX at some point this year as is Meekatharra on the TSX .2 gold play,s.I am not a professional investor just a small one. There will be ups and downs like with all shares and dilution but none of us know by how much.All companys need to raise capital to expand etc.DYOR.
You keep saying dilution . Look at your own investment in FML with the merger about to happen TGB1 FML will have about 1500,000,000 shares in issue now that is dilution.A very good article in today's Minsite about copper flat power project & mine etc
http://www.minesite.com/nc/minews/singlenews/article/mercator-gold-hopes-to-use-solar-energy-to-power-mining-and-processing-work-at-its-copper-flat-coppe.html 21-6-2010 Mercator Gold Hopes To Use Solar Energy To Power Mining And Processing Work At Its Copper Flat Copper-Gold Project In New Mexico
So i am a Serious ramper am I. Right. lol. Not getting into an argument with you. I did say TBG1 is rude and unprofessional on these boards.I always say DYOR,and follow your instincts. also don't follow rampers or de rampers. As far as being invested in MCR I only have a small investment. I do like this company because I was in this company when it only had one great asset of which they still have a interest in.And IMO will be back in production at some point soon DYOR. 2000,000 oz There is nothing wrong with the mine in Australia It's had the great north road diverted and mining can restart DYOR.
Mercator holds 50 million shares in Paniai Gold Limited (‘Paniai’), which plans to list on the National Stock Exchange (NSX) of Australia. On listing, Paniai is anticipated to have a market capitalization of approximately A$10 million, and Mercator’s shareholding is expected to represent approximately 16% of Paniai’s issued share capital.And the Australian TAX thing is IMO going to be watered down. Mining is the oz bread and water and also there is an election before anything is set in concrete and if the conservatives get in to power down under they wont bring the tax in.So don't scare monger TGB1.I am just going to watch again from the side lines.Dont get drawn into an argument with TGB1 the de ramper.
To all new on this board TBG1 is a professional de ramper on here.I also IMO think possibly could be the same person as Thomas Tallis etc on iii board although I don't post on there. DYOR.Follow your own instincts.TBG1 has been saying the same de ramping stuff for weeks and weeks now.TBG1 is not even an investor in MCR but has a personal grievance with this company for some reason.TBG1 has shares in FML which after the merger will have around 1500000000 million shares in issue.That's 1.5 Billion Shares also that share is down 5.25p to 5.5p and is bound ranged.Like I have said to all new people thinking of investing In MCR don't let any de rampers or rampers get to you. DYOR. Follow your instincts.IMO the management know what they are doing.They know more than TBG1.and they have brought this company through 2008-2009 and out the other side with more assets and building.TBG1 will only diss this company and it's directors assets and probably rude to me as before and also others on here. etc.etc
Mercator Gold has IMO 2 other gold plays I am very excited about. Meekatharra Gold Corporation & Paniai Gold.DYOR.New Mexico is going to be a big investment for all involved .DYOR. No ramping.No de ramping.Just investing.
Gold to Jump to Record $1,300 as Currencies Shunned http://www.bloomberg.com/apps/news?pid=20601083&sid=afaFMAB3HW5M
I fink Pedro999. That is a link for Mercator and not Mercator Gold IMO.
BigFatRat Thanks for that link.looking good three of MCR assets being linked up in New Mexico.1st Copper Flat mine project 2nd Warm Springs Renewable Energy Corporation. for the supply of Power to the mine &3rd ACS Asia supplying of steel used for construction. This is all taking shape now.
Happy for you all.I am not in SRB but do have Eldorado Gold Corporation in my Unit fund portfolio so we are all happy little miners.lol. Not looked at the RNS right through yet though.
iii board. I don't post on that board so if anyone would like to post MEEKATHARRA GOLD PROJECT – Recovery of Significant Value Expected in 2010 that I posted on here below on there.Please go ahead as there are people on there asking about Meekatharra.
MEEKATHARRA GOLD PROJECT – Recovery of Significant Value Expected in 2010 In October 2008, instability in the wall of the Surprise pit at the Meekatharra gold project, then operated by Mercator, forced the cessation of mining activities at Meekatharra. This precipitated substantive losses associated with the Company’s forward sales of gold during a period of extreme volatility in the gold price. As a result, administrators of the Company’s Australian operating subsidiary Mercator Gold Australia Pty Ltd (“MGA”) were appointed on 9 October 2008 and were appointed Deed Administrators under a Deed of Company Arrangement (“DOCA”) on 4 December 2008. MGA remains under a DOCA pending the completion of a refinancing of the Meekatharra project. During the course of the period, Mercator’s directors, staff and consultants cooperated closely with the administrators of MGA to arrive at a development plan for the Meekatharra project that would enable its refinancing. This plan was used in an extensive marketing campaign by the administrators and has largely been accepted by the successful bidder for the project, Meekatharra Gold Corporation. Meekatharra Gold Corporation The offer from Meekatharra Gold Corporation, which has been accepted by the administrators on behalf of all creditors, of which Mercator is the largest, is subject to confidentiality at this time. However it can be stated that the creditors of MGA will have a 25% interest in Meekatharra Gold Corporation prior to the anticipated listing of Meekatharra Gold Corporation on the Toronto Stock Exchange. To assist with this transaction, Mercator has invested, by way of a loan convertible into shares, C$200,000 in Meekatharra Gold Corporation. Furthermore, Mercator has agreed to contribute A$1.5 million in the form of a two year convertible instrument in the Company to a trust established to hold the creditors’ interest in Meekatharra Gold Corporation. In return, Mercator will be entitled to 50% of this interest, from which the Company, in due course, expects to realise material value. Mercator has waived any further distribution from the trust. Mercator expects the acquisition of the Meekatharra gold project to be completed by Meekatharra Gold Corporation during the course of 2010. Once this has occurred, Mercator will assume full control of MGA and with it large operating and capital tax losses, which are of significant value and which may be utilised for the benefit of MGA’s only shareholder, Mercator Gold plc.
TBG1 That 250000 sell may be M to M and if it's not some one had to buy it from the seller and by the way FML is down today that is what shares do on a daily bases up and down. That's me for today. Just going to watch the de ramping from a far. I do apologise to all on here for posting a lot & for letting TBG1 getting to me sort of .
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, which would allow mining of the Surprise pit to resume at any time . Once MGC has acquired the Meekatharra project, Mercator will reassume control of MGA and with it large operating and capital tax losses, which are of significant value.IMO MCR have brought this asset through a tough time due to the great north high way having to be diverted at the time and the credit crunch 2008-2009 a bad moment but MCR ring-fenced this asset put it into receivership. This IMO put the responsibility of The deviation of the Great Northern Highway on others. The diversion of the Great Northan Highway has now been Completed. Meekatharra is about to come out of receivership and at some point listed on TSX with MCR having a stake in Meekatharra and the new company.Meekatharra has about $100 MILLION of infrastructure and machinery at the mine.TBG1 under what ever name will probably try to de ramp this bit of research although I was in MCR at the time and that's why I think MCR management IMO and through my own Research know what they are doing with this company.
Yesterdays Wall Street Journal on line. MCR New Project http://www.marketwatch.com/story/mercator-gold-plc-renewable-energy-partnership-2010-06-15?reflink=MW_news_stmp. No de ramping No ramping just investing
And there will be news coming at some point for FML like there is loads of news coming IMO at some point for MCR that's just common-sense tgb1.