Member Info for leehardcastle

Geng, have you managed to sell them, I take it they are in the form of a share certificate?

I know in my bones how big MTL are going to be, the last results give us a sign to just how much cash is generated from even our modest mine at Runruno, think of another business that can generate $47 million in just 1/4 of a year, La India can produce $80 million over the same period, can you image Dupax coming online? Can you imagine La India reserves doubling and having 25 years of $80 million quarters, can you imagine Dupax reserves coming to fruition, processed through our fully paid for and existing infrastructure, who knows what that will generate, but Darren expressed the incomes can be 2 to 3 times current incomes via Runruno, he knows the Dupax grades are high, he will soon know if they have scale.

Then I look at the constant selling and I am baffled how little understanding some have to what they currently hold, selling for pennies what can become pounds in the medium future, I really can’t fathom the lack of insight, but today the RNS is telling you bigger money is about to get involved, taking advantage of what’s about to unfold, Darren’s money revenues is being used to massive advantage, turning $millions into $billions, pennies to pounds, and yet instant gratification gets the better of many, real shame.

Opportunities for those wanting to expand their MTL holdings, it’s this simple in my mind, La India operating has us at 25p so if you want to double your money in one year, it’s a no brainer investment, and dips are even better value purchases, everything is processing at or ahead of schedule, gold is happy above $3300 so just sit back and wait, if you have cash, MTL is a cracking place to put it.

Sakura7 selling more I would say, but you know it will pass as it always does.

M1Rob, Gsent and RalphB1 reported by me for trolling and I’ve mentioned I believe they are the same person, let’s see how that shakes out.

They are the same person, BMV and SWC are the 2 main shares he/she frequents most, all 3 names that have chatted idiotic posts today are the same person, IGNORE

Both @RALPH1 and @GSENT post rubbish all day, both new accounts and 320 posts between them since May, buy this, get out of that, going to the moon, it’s crashing, but, if want a laugh, read some of their ramps, and then look at the share price a month later, if they are buying and selling on their own recommendations they must be losing their shirts, IGNORE, the shame is once their credibility is shredded, they start a new account again and repeat, LSE need to police accounts better, like I said IGNORE.

Pedro, please move on, come back when your invested, it’s just winding up those you supported when you was invested, you trade, good luck to your trades, but telling us your making money on every trade is a bit annoying, remember, some here have millions of shares, you don’t buy and sell 5 million one day and buy them back in a weeks time, so many including Surrey hold and watch the ups and downs as they arrive, but we all know where MTL are heading, and let’s be honest, you simply are not going to even touch the sides of the profits Surrey and multi million shares holders are going to make, Darren Bowden, Candy and Drachs being the biggest beneficial share holders, you did agree MTL is heading higher unless you was just ramping MTL to suit your trades, but as a trader you also know it doesn’t do it in a straight line, that’s the zig zag you trade, come back when you buy in again, please.

In the mean time as we discuss buying opportunities, the clock ticks and every 24 hours MTL continues profiting $1/2 million, gold is starting its next leg up just as predicted by many established analysts, the La India mine continues its build, the gold reserves don’t shrink, they are only set to expand over time, the MTL vaults contents increase, you could always wait for the penny or two, if it happens? Wait too long and miss out on the 50p days and dividends, which are a 90% probability which such little resistance. IMHO

Building a mine for an experienced miner like MTL is like building a house for a house builder like Barrett, it’s one brick at a time, if you have the skill and you have the money and you have the legal right and ownership of the land, it’s not risky at all, it’s what they do, it’s business.

Sakura, I was just pointing out I don’t sell, along with the likes of Candy, Drachs and Darren, my holding is small by comparison, 7.5m but it was fun showing half the stock available is in the hands of just 4 long term investors, not day traders spinning nonsense to suit their little agenda, I know many private LTHs are like myself, I know a few personally with bigger holdings than myself and we are nailed on for the dividends that will flow in 2028, by which time the shareprice will reflect that properly.

Between now and then, you only need to ask this question, with $15 million FCF every month produced by MTL as we speak, and La India on track or ahead of schedule, $43.5 million reserves banked and increasing, zero debt, what’s going to stop us getting to meet our goals? a few traders spilling fear is not going to sway the end result, multi bagging today’s shareprice and being paid dividends for the patience that required, in the mean time La India first pour is literally 1 year away, and that double our incomes alone.

Ah, my maths is out, Drachs has increased her holding to 600 million and Darren 199 million, with my shares and Candys its 1.46 billion.

Has any one mentioned after all the recent Capex we have still managed to accumulate $43.5 million in the bank vault? I don’t think Darren has too many worries, maybe a bigger safe?

Well I haven’t sold, neither has Drachs, Candy or Darren Bowden, between us we own 1.43 billion shares, Drachs likes MTL at 15p and as she’s already bought at that price, it’s not exactly out of the question that she will buy more at those levels, 15p next stop, good luck.

It’s good to see us all gelled together, the 2 sides have become one and we all seem to be on the same exciting journey in harmony, time is always healer.

Great day today, both with record high results and gold showing fresh legs, what’s not to like ;-)

Slippery, Your missing the other 3027 ounces sold during this quarter that Darren didn't sell from the previous quarter, we sold 23021 ounces in total during Q2, on target for 80k ounces production this year, as usual, ahead of Darrens estimates of 70 to 75k ounces, they are always on the low side, he likes to beat expectations rather than promise and underliver.

Daily income of $1/2 million free cash flow from our little Runruno is an impressive income, we know La India will double that number alone, and the higher grade Dupax/Runruno collaboration has the potential to produce more than La India, $2 million per day combined FCF future.

The incomes from Runruno is far more than anyone could have expected, and Q3 is already off to the races at 10% higher gold pricing already.

Darren’s running an extremely complicated process at Runruno currently, and he runs it consistently better and better, he’s expressed that both La India and Dupax reserves are a much simpler gold deposit to extract, and as such we can be confident in the future income streams, we are currently priced (market cap) at around $480 million, or 480 days FCF from La India, 240 days if Dupax proves viable.

Are we still cheap today? I think the numbers say it all, we have decades of resources, and we value out company with days of future incomes, you can see the future, stay the course and enjoy the ride IMHO

£3400 gold or $2200 dollar profit margin in stunning, we know Drachs was buying shares all the way up to 15p, I don't think she has finished buying, I think the Q2 report being in print will have had her having to refrain, the lull in her buying has benefitted her a cheaper top up when the Q2 numbers are public, I think the large scale collection will resume, I think she will want 650 million shares to match Candy on an equal footing, just a hunch, definitely top up time for those blessed with spare cash, the next leg up after the recent consolidation will be much stronger and resilient IMHO.

Q2 can be anytime in July, so patience as usual.

Nobody knows when the share price rallies how far that rally runs, just as know one knows when it falls how far it falls, but we can zoom out and see how the charts look, MTLs chart looks about right for the continuing improvements of the company, with the biggest improvements taking on and starting the build of La India’s gold mine, so you can average cost buy over the years, which I have personally and hold for the years ahead, when you know the company is in excellent shape, with excellent prospects and excellent prices for the product it mines and sells, you can just sit out the movements with the belief time will bring the share price to match the prospects, so between now and 2028 I just keep looking and waiting for each milestone to take effect.

I know trading in and out suits many, and for some it works, and others get it wrong, so buying and holding is a little dull, but, it’s also the safest way to prosperity as long as the company is run properly and makes increasing financial gains, MTL is running full steam ahead and my belief is we are going to have 2 fully producing mines, and incomes multiples of the Q2 numbers next week, so you can expect multiples of today’s shareprice over the next few years.

I promise to hold every single share (7.5 million) till the dividends start, and then I really can’t see a reason for selling when that happens, as the income on 7.5 million shares will be immense, let alone what it may bring over the next decade as we build the 3rd income and more.

I believe we are currently in second gear and have the rest of the gear box to climb through, so take a step back and relax, as the story builds, so will the rewards, 50p shareprice and dividends is my hope, I feel extremely confident that’s a realistic target by 2028. Have a great weekend all.

Has anything changed today with MTLs performance? Has gold moved away from its $3300 level? no, so a few profit takers are to be expected after such a decent rise, the majority of the rise was not from hype, it was large scale buying by large scale buyers, Drachs we know is one of them, paying 15p for MTL because they know that’s still good value, so as they have a better background vision than we private investors have, it’s a bullish signal as what to expect? We already know what is in the pipeline, we know we are still on target and gold has held its epic gains.

So……let’s relax and get used to the share price movement, its ups are welcome and its downs are not, but they will without doubt happen after a decent rise, but no one knows when they will happen, it matters not one jot if you have set your goals on La India producing, on Runruno breathing life again after 2026, so it’s important to ignore the noise for your own sanity, don’t get too excited or too despondent, as the big financial gains are coming over the next years, not days or weeks, it’s a mathematical marathon, and holding is all that’s required, Darren and his team are doing all the hard work, ignore the noise and enjoy everyday as MTLs success will not change its course to the inevitable success because of our feelings.

Great times are ahead for all with patience and persistence. iMHO

MTL is on its way up my friend, this trading pattern is exactly how it runs, little profit taking and the market maker slams it down a penny, then on to filling the big buyers orders with cheap shares, this I'm afraid is where the smaller investor gets left behind in general, as they refuse to admit selling early and hope for a pull back, which doesn't materialise.

AAZ followed this pattern from when they made the debt free anouncement when the shareprice was in early 30s, a great recovery from 4p when they looked like not getting the finance to progress, from 30p they rose to 170 plus over the next 2 years just on production and dividends, we are in the their 30p phase, but we have much bigger plans than AAZ, much bigger incomes and much higher gold price than that epic shareprice rise they achieved, just sit tight and wait for the story to unfold. IMHO