Member Info for leehardcastle

Bob, the facts are there to read, just look at the last RNS, the gold it hitting new highs every day, another fact, and those holding and adding including my self thank those sellers, it’s not a problem, it’s opportunity to buy cheap shares.

The long term holder in MTL has seen this all before, many times, and it always passes each time, why? Because the background story in MTL and the gold price keeps getting better, those who haven’t got the patience to wait, will miss out, 2 years from now, I predict gold at $4000, I predict La India making $2800 dollars an ounce, and the cash generation will be epic.

The 5p days will have been the opportunity of a lifetime, and I will be soooooo smug. iMHO

8 years in MTL, 7.6 million and rising, I thank you.

$2870 now

Surrey is selling into a massive gold bull run.

He’s only hurting one person.

$2840 now

Oops 🤭

To show my appreciation and excitement, I took another 100k at 11.49

Pennies for pounds.

Enjoyed a good read with my breakfast.

https://metalsexploration.com/investors/presentations/

We are a beautifully ran company, for the last 5 years nothing but growth, but the future growth looks much much more interesting, Phase 2 is on a much larger scale, all at ever increasing record gold pricing, all good from here.

Excellent post Carefree, nice to see real incite, multiple incomes by 2027 was big news and very exciting, in my book.

Poloshirt, I’m heavy into silver coins too, tax free gains, you pay VAT on silver but it doesn’t effect selling, you can buy 25 x 1 oz silver Britannia’s in a tube for around £800 on eBay and they sell for the same should you want to cash them in, buying from a billion dealer will cost you around £830 at the moment.

Gold to silver ratio is just under 90 to 1 (90 silver coins buys 1 gold coin) but historically the ratio has been as low as 15 to 1 so it’s extremely cheap to buy at the moment, and if it wasn’t for the paper selling of silver they haven’t got to sell, it would multiple times higher, it’s also in a mining deficit, we use more then we mine, Silver will have its day and actually outshine gold.

IMHO

This week is set to see some major moves in GOLD.

Lucky for us we’re a gold producer, and Q1 is normally our best quarter production, think $2900 will be tested this week.

They paper trade gold and silver they haven’t got, that’s a fact, hundreds of tonnes of physical metal is bought and sold for every single tonne in the vault, it’s not hard to see how the will run out of stocks when the world has decided it actually wants delivery of the physical product, both silver and gold.

I’m betting on both silver and gold to be revalued, I have a lot of both, but, I also believe when it happens, the golds producers like us with re-rate even higher in percentage terms, the FIAT currency is dying, is has been since 1971 and it’s in the final stages, BRICS nations know this and they will drop the dollar and use a gold standard to anchor the new currency (the unit) to it.

This is the most exciting time in most people’s lives here for gold and silver, MTL is about to benefit big time.

Sellers beware.

Broomtree, If you think it’s irrelevant that MTL extend the mine production, and it’s unexciting, I don’t know what to say to you, as for 2 sells for 1 buy today, explain the rise in shareprice.

Volumes since the new MTL shares arrived have exploded, it’s obvious the selling is from those new shares, that’s not arrogance, it’s logic, when they have sold out, it’s business as usual, as along term holder I took 386000 of them this week, and I think many like me have taken the opportunity on offer.

Have a great weekend all, upwards and onwards for MTL.

Broomtree, the market is currently blighted by some short sighted ex-Condor shareholders, 800 million new MTL shares in tired hands, it will pass, and has zero impact on what’s ahead of us, it’s too up time, 5p shouldn’t be here but it is, take the opportunity.

With $200 miilion FCF already to come from Runruno at current pricing by end of 2026, if we get just a few years at higher costs, say AISC was 10% higher and the selling price 10% lower you still generate another $84 million FCF per year, its fantastic news, remember this is a bonus, La India is to be the main income, how can a potential $84 million additional income in 2027 not be exciting? 2028? 2029?

MTL is heading to over 200K ounces production by 2027, god knows how high golds price will be by then, $3000, $4000? and we value our company at £139 million today, your buying pounds for pennies, as jammin86 mentioned before, in the short run, the stock market is a voting machine. But in the long run, it is a weighing machine.

Watch these two, absolutely brilliant place to understand precious metals and why paper money will become toilet paper, please watch, I promise you a warm feeling.

https://youtu.be/QKSaCgctL2s?si=A0WWxVz8CnRt29bo

I am soooooooo smug today, we’ve talked about this for a while, and in usual Darren Bowden fashion, he makes a previous comment become reality, it’s now in black and white and that’s something he does when he’s got it in the bag.

Recent selling is like every other time in the last 5 years another mistake on the holders part, I understand some need to sell, but this really isn’t the time, if you have to? OK but my god, this just gets better and better in the MTL camp, record high gold and we are a gold producing miner? With multiple incomes ahead, no debt, top mining award winning company for 3 years, and a PE ratio of 1, wake up MTL holders, you have pounds for pennies in your hand and selling is literally giving them away, stop it, it’s madness.

Q1 is typically the stronger production period, with new highs in the gold price, we are possibly setting a new record income as I write this, all good, this selling pressure is a new one for MTL, the fundamentals are the best ever, it’s just the custodians of these 800 million new shares don’t care, and are taking the opportunity to cash out or reduce.

I’m sure the market makers have been holding reserves and the swing back to 6p will be as rapid as the fall, don’t be fooled into thinking there is a reason for the fall, it’s just 800 million shares found new hands and waiting for La India is just too far, those waiting for that day would be wise having at least a few of these cheap ones, they will be the most profitable ones in the near future, gold and silver reacted to something today, was it the LBMA delivery delays? who knows?

LBMA :-)

LBMA stands for London Bullion Market Association. It's an international trade association that represents the global market for gold and silver bullion.

Got excited and noticed my mistake after posting, just bought another 8 1oz coins, just incase dealers run dry, but if they do, MTL and all gold producers are going to react big time.

This may be the start of a gold re-rate, it’s been manipulated for so long with paper trading, so has silver, maybe this is the time it’s manipulation and price suppression is unravelled, gold to the moon? please please please.

This may be the start of something huge, I watch Maneco64 daily and today he’s posted a very excited second video, the LMBA is delaying delivery of gold, in short, it looks like it’s ran dry, make your mind up yourselves, but how else can this be explained, a must watch

https://youtu.be/0KlQXJ9EuhY?si=VKJUjCHysejmPn0o

Interestingly, nearly 50% of the shares with voting rights are held by the big 4, 3 of them mentioned and Baker Steel not mentioned here, that leaves just over 50% in small hands like ours.

A pretty balanced and fair distribution.

As you have already sold out of MTL Punter, you said you would, is that wishful thinking, having a little fear of missing out? Wanting back in cheaper? The news flow in the near future may have you wishing you just held, nothing but progress from here IMHO