Member Info for leehardcastle

Really should see MTL release them today as it’s only news, can’t see why they wouldn’t?

Can’t believe how windy some investors are, when a new CEO comes in, your going to get huge changes, both leaving because they won’t accept change, but it’s change we needed, I really like Mr Bowden already, he’s got his own ideas and pride will be dented to all who have run this ship before him, this news is the starter, bring on the main course, production, then the pudding, refinancing, there are going to be a few gutted for such hasty selling.

Taken more at 1.05p bargain, massive overeaction

Roy, what’s the cake size now, 4 million? 0.2% of the company, you will have to attend the board meetings at this rate ;-)

Excuse me, hear your thoughts (not here)

Good to have you onboard Mick, the share phrophets article read with a lot of certainty, do you feel they have access to a little privy information because of the circles they move in, they are seasoned and experienced, or do you just think they are enlightening PIs of the value in the stocks they promote? I mean catch a falling star and put it your pocket is basically telling you to hold and not trade, of which I’m definitely going to take comfort from, MTL is a pension pot for me, and I don’t need the funds invested as I only use spare capital. Good to here new thoughts

Just consolidating again at 1.55p with the last few sellers happy with there Xmas gift profits, I was 100% positive we would return here as a base line for the expected news, the new CEO was portrayed initially as bad news, the old one seen as leaving a sinking ship, hence some of the panic, but we all know now how good that’s going to be for us with his past jobs experience, so this really is just the base line, and has not factored in any of the refinancing or gold production information, both I’m 99% certain from the last MTL information release, that it’s going to be positive, then a re-rate is coming, remember this, and I’m talking from experience, MTL is not a leaky ship when it comes to the release of news, you won’t get any share price movement before hand, if the RSN is logged with the market maker, he will move the price, but it won’t be from sneaky insider trading, so I don’t read too much in sudden small movements without news. Patience is key here, GLA

Our Market cap at the moment is about £32 million pounds (1.55p) it was £100 million (5p) 2 years ago when we had just started gold production, it was £80 million market cap (4p) a year ago when we produced about 10k ounces and it was obvious we were struggling to get up to speed, so if the RNS were expecting is positive about gold production at near monthly targets for December and positive about January, logic would say we should be back over £100 million market cap (5p)
All we have done so far is recover back to the level before the dumping of 68 million shares, that changed hands from a institutional investor to private investors, we are back to the start line, positive news will propel us back to fair value of 4p to 5p in a a matter of weeks, now let’s have the news

Good to see your still here, I bet many lost patience, thanks to all those who used there hard earned cash to get this mine running, I hope those that remained patient get their reward

You got to laugh at 1.6p when you know what we have here, the market will wake up soon enough

Yes there was less shares, but MTL raised funds to build it by releasing more over various time periods, that’s why I’m never interested in early projects, the current share total has not increased since the mine was completed, and they haven’t been tempted to try raise funds by that method, but their will be many still holding who have paid them prices

I feel some of your pain, I had £10k @ 5p for 200000, but the MTL Director must be no 1 contender for the most pain, £250k for 5 million, is there any one reading here who paid 40p? has been even higher, makes you realise how cheap we are, share price, not me personally ;-)

My favourite word, when a fast buck merchant lets his go for a small profit, it’s taken by one with sticky fingers, who put them in their pocket, less and less of these cheaply gotten shares in fast buck merchants hands, soon all will be tightly held, consolidated

That’s my thinking too with the news update, oh, keep the oven closed Roy, don’t want to stifle your bake

Tomorrow, 7.00am, 17k ounces for the quarter, BIOX stable at 100%, the closest is a GOLD legend

Up 20%...down 10%, up another 20%, down 10%...up another 20%, saw tooth to the skies

I really don’t get why you would sell any at this silly price, it’s certainly not LTH investors, think we have a better perspective of the silly share price, you won’t get a chance to hold a good chunk of a quality Gold mine again for working mans money, it took a company Director £250k to have his big chunk, I bet you no working man invested here has anywhere near that sum invested, stop giving them away!

Adam, correct, that point struck me like a hammer, everyone selling was petrified of finance being refused, but the new CEO put it at the bottom of his list of things to sort, because it was always a done deal, his no1 goal was maintain nameplate production (100k once’s) ($125 million income) if December was 100% production, then the touch paper will well and truly be lit

Fair value was 5p when we just started digging dirt and trying it in our new gold mining plant, an MTL director paid £250000 pounds at 5p a share 2 years back, because he knew a functioning MTL was worth multiples of 5p, guess what, we ARE a functioning gold mine, and we are going to be multiples of 5p, patience as usual

Our new CEO left his top job in a massively successful company, obviously a highly skilled and intelligent man, he didn’t come to MTL to run a company without its future secured, that’s why us intelligent investors filled our boots, and are putting them in our pocket, it’s not rocket science, done deal