Member Info for GradeController

An important attribute of an Investor is patience over the long term. Monitoring performance against guidance is also necessary and as far as I am concerned we are on track for first gold by the end of the year. The recent presentation confirmed that. Whilst MTL is one of my largest holdings, I check daily and then get on with other things. I'll say no more !

Biggest risk to MTL from Iran war is the possibility of fuel shortages affecting Runruno production and cash to build La India

MTL's knowledge, experience and their Philipines workforce are considerable assets and aquisition of a Philipines project would be a logical step to capitalise on, make use of and preserve these assets. Logistics and time for a plant move elsewhere in Philipines would be advantageous over transportation to another country. Also maintaining a Philipines presence would be a continuity stepping stone for Abra. CLA ( Celcius ) would be a natural fit,,,,,,,,,,,,,,,

It's necessary to speculate to accumulate and then be patient,,,,,,,,,,,,

Patience chaps,,,,, have a Manikin,,,,,,,,,,, ( for those that remember,,,)

Hello Geovanni,

Apologies for the delay in responding, i have been travelling and have had a very busy schedule of meetings and I am doing research for another conference in Australia starting tomorrow. regrettably I am not going to have time in the forseeable future to start from cold on research on the company you mention in Nevada. I already have a substantial list of companies on my radar requiring research and you will appreciate that there are many gold companies clamouring for attention. I respectfully request that you DYOR. Bon Chance,,,,,,,,

Sakura7 : I have been in the mining business over sixty years, so have a bit of experience in most fields. In this case, I read body language and can assess real confidence as opposed to fake confidence,,,, simple as that !

An excellent conference and not only African focus.

DB was the first person I saw when I entered the venue,,,,,, a good omen !

I had a long chat with him and his team.

Very positive, but nothing new.

Patience and time will get us to where we want to be !

Mm's temporarily holding more stock than they want

They were obviously allocated options at a previous fund raise by either MTL or CNR. As sommebody has already said there will obviously be other opion redemption dates. Are any of the outstanding options tradeable,,,,,,,,

Any reports whether typhoon Fung Wong had any effect on Runruno operations ,,,,,

Interesting, but long winded and certainly not appropriate on this board.

My thoughts however on having Candy and Drachs as substantial shareholders are that at some time in the future, the exit for them ( and us ) can only be by getting taken out by a bigger player. Hopefully, not for some considerable time and during that time there will be considerable share price appreciation.

Obviously traders and the market will mess with that growth, but this should alleviate concern about an exit strategy ( in due course ) for ourselves.

$4,000 is fine, but hope it doesn't run away back up too quickly. 4.2 or 4.3K by Christmas would be more realistic,,,,

Too much, to fast ain't what we want !

Currently, we have $3,000 free cash for every oz of gold we produce !

Yankee Doodles chickened yesterday.

Asia drove it back up today,,,,,

Only a blip,,,,,,

Long term gold will be $8,000 in this bull run.

Patience and caution required.

The markets / traders are fickle and operate on impulse with co connect to reality.

When CEO Darren Bowden made predictions of earnings, free cashflow and dividends, the Gold price was considerably lower than $4,000.

Ride this out and buy at current undervalued level, MTL has a golden future even at $2500 gold.

Important criteria : No Debt, High free cash flow, Exceptional management, continuing income from Runro for over a year, La India construction proceeding at a pace, La India free cash will exceed that of Runro substantially and Dupax drill results due imminently.

Take advantage of market volatility. MTL is a winner.

THe escallation is going too fast, better a slow increase.

MTL is quite undervalued and in theory should not drop if there is a gold correction, but who knows what sentiment will do !

I hold this for the long term and will not be considering jumping out and in again.

The cycle will continue meantime.

MTL has had it's correction and it is still very undervalued, even at $2,500 or $3,000 gold.

I think a gold correction with the state of things going on in the world just now is highly unlikely.

I agree with Leehardcastle, that it sounds like a traders point of view.

The last three gold bull markets, and I remember them all, gold increased in value circa five, seven and eight times in value from start to finnish each time.

This one started at circa US$1,000 so draw your own conclusions, a good bit and some time to go yet

There will only be a few months production from both Runruno and La India. Present guidance indicates the Runruno will dip and there will be a gap before Dupax comes on stream, provided all goes well with it's development.

That said, with their management style, they will push the maximum out of La India and who knows where the gold price will be by then and what other opportunities present themselves.

Looking good, but not let ourselves get carried away with too much upside hype.

Steady steady ,,,,,,,,, !

Get a gripeverybody and buy more whilst they are cheap. MTL's time will come,,,,,, Patience !