Member Info for leehardcastle

Took another 40000 just now, I follow the gold price, the cash generation, the ever growing debts, the major shareholders buying and the flow of gold to the USA, Trump announced an audit of Fort Knox, he’s a gold bug, he’s very aware of golds role in a multi powered world, he’s stacking like me ;-) Follow the money.

MTL are producing cash, we are spending that cash to grow more cash, we aren’t just paying back debts.

Gold is in a bull run and it’s going to last a long time, this recent increase is just the start, The USA are $36.5 Trillion in debt, its interest alone in now $1.2 Trillion a year, even if it could reduce deficit spending to zero, which is simply never has, its debt grows by $1.2 Trillion a year, its having to print that money or go bust, that’s why the dollar keeps losing value to the price of gold, i.e you need more ever reducing value paper notes to buy the ounce of gold, its become a certainty that gold will rise in price, it’s just maths.

As for Tech, it’s a bubble and it’s about to pop, Deepseek just proved that the USA spending billions to produce what Chine can make for millions, it’s game over for the magnificent 7, I personally wouldn’t touch them with a barge pole, good luck, but Tech has had its day, Gold is where it’s at, physical or Stocks, IMHO

MTL hass all the ingredients in place to be 3 times bigger than we are this minute, no debt and Q1 is set to be the largest cash income in the history of MTL, we also have significant news to come on the build at La India at any point in time, validating the success ahead.

Now ALTN is rising on the strength of a rising gold price, but its half the size of Runruno and they are indebted over $50 million, if you want to sell MTL to chase that, good luck, ALTN is far riskier than MTL, period.

MTL is working through the fatigued ex CNR share holders and it’s a passing phase, when it passes no one knows, today, next week, next month? but as I keep saying, the cash flow of $0.4 million a day comes in and the La India build is already in progress, it’s just safer to hold than chase rainbows elsewhere, that’s investing, the other is trading, again, riskier and much harder work, but I hope it works for those who choose that path, we are all here to make money.

It’s amazing how some constantly post about how they are going to exit, but haven’t, or have they? Trying hard to bring the price down with constant negative remarks, when they need it higher to exit sounds devious at best, MTL are making a fortune in the back ground, whilst the La India mine development has started, remember over $400k pure profit is made with every 24 hours that passes, that’s what’s important, as each day that passes the company is growing, the shareprice will follow in its own time, and yes, we are still cheap on any metric you care to mention.

Those selling into record high gold need to rethink, not the ones holding.

MTL don’t hedge the gold price.

Some people are happy trading, some are happy investing, I have traded in the past and found out quickly you let go of as many shares that rise beyond your selling price as you do getting out on a top, not bragging, I’m just making a point here, I still hold MTL shares purchased at 0.4p…..it’s true and as such they are up 1400%…I also have MTL shares that I paid 6.0p and they are making next to nothing…but I have no shares losing money, so some may say it’s boring waiting for a miner to build a mine, but it’s just how it is, you need patience, but the rewards can be massive, and trading is just stressful, buy the right stocks and let them work for you…oh…MTL is one of those stocks IMHO

Surrey, you can always sell up, no one’s keeping you here

I watched this video yesterday, it’s a great video, explains a lot of what’s happening in the back ground, and why the shift to gold is a wise one for every man.

I know it’s will get blasted, but when there’s smoke there’s most likely fire, and all the small pieces of the puzzle are put together, there’s a lot of sense made here.

Big thank you from me for all your support, very much appreciated.

MTL trades on AIM, that’s tends to be used as a negative for any business, but please remember it’s where new businesses start from, they don’t have a market cap on day one to be listed anywhere else.

When the company grows and in our case it’s growing, it’s listing on AIM is transitory, and has no bearing on how a well run and honest business performs day to day.

The fact we have the highest gold price in history shows that the flock to gold is in progress, but only by the central banks and those in the know, that the dollar and all FIAT currencies are collapsing, that’s not ramping, that’s a fact, the only issue is the general media don’t either know this or under stand this, because the media don’t even mention gold, the unknown fact that its the only real money in circulation.

I said the whole market concerning gold is undervalued, and MTL happens to be one of them, although I believe it’s amongst the lowest valued by proportion to its income generation.

We have plenty mentioning why we shouldn’t put all our eggs in the MTL basket, but I have completely ignored all that, why, because they have agendas, mine is clear, I see the biggest move to gold ahead of us, and MTL is amongst the best place to benefit from that move.

We are all lucky to be part of the biggest gold rush in history, yet the stock market hasn’t worked that out, we are sat on a sleeping giant, the cash generation in the whole sector is unbelievable, MTLs is unbelievable, the reserves in hand now ensure we can benefit from these huge margins for decades.

Just because the market hasn’t focused on gold yet, doesn’t mean we are wrong, it means we saw the opportunity early, and as such when the rush to be part of this gold rush starts, we benefit the most.

I know I will, will you?

I was thinking last night what 145k ounces from La India and another 55k ounces from our extended producing Runruno, 200k ounces production in 2027 and what that would produce.

And I couldn’t sleep, it was based on $3000 dollar gold….$360 million FCF.

Then when I worked out the Dividend stream that would be paid at 25% of profits.

£75 million pounds per year and broke it down to 3p a share, 50% of my holdings value today per year.

Still couldn’t sleep ;-)

I think after spelling it out with multiple videos, interviews, updated website, record high gold, the message of future success still saw sellers, they thought, O.K…you can take a horse to water, but you can’t make it drink, so Directors have taken your shares, wake up, stop giving your future wealth away.

It’s for grown ups, you stick to panda pops 🤣

Maybe it's why MTL investors are so bullish, it does not matter what we think today, it's what MTL produce that matters, and its becoming crazy levels of income, when we were approaching a debt free status, a year ago Darren said if we ever got to $2300 gold it would be a dream come true situation for MTL, it's here and its blasted past it, smell the coffee, its gold blend, mmmmmmm, my favourite.

$0.1 million in 6 hours: explained

$2910 current gold price - $1165 historical AISC = $1745 FCF per ounce of gold

$1745 x 21000 ounces per quarter = $36.645 million FCF per quarter

$36.645 million FCF divided by 91.25 days in a quarter = $401589 FCF per day

or $100397 FCF per 1/4 day (6 hours)

I don't know about you, $100397 dollars a day, MTL earn my annual income in 3 hours, wow, it's like we are sat on a blooming gold mine :-D not bad hey.

Pedro, your maths is way out, $0.1 million is 6 hours production, ha ha, funny but true

And…..another big and, another pay out of 1.356p per MTL share when the gold pours at La India, and if your lucky the same again when Darren proves up the remaining adjacent reserves, ex Condor Shareholders have in my mind landed pretty good, if they decide to hang around or not.

I guess ex-Condor shareholders may agree they haven’t had a bad 3 months period if they was being fair, early November CNR share price was 19p and today that holding is worth (4.056 x 5.8p plus 9.9p) 33.4p or 76% up.

And……a big and, ex-CNR holders are going to see $35 million profit quarters whilst watching Darren Bowden finally build La India to production, can you still be unhappy? Lets see?