Member Info for Miner1

This morning's discussion is music to my ears. As I commented yesterday, I think of the warrants as a means of buying other companies, or parts of them, without incurring debt that has to be repaid. It means that the £50,000 cash they have, remains intact. It bothers me a bit that is all the cash they have, but as they have been innovative with their funding so far, I guess they should have already thought through how they will fund future developments.

I hope so anyway.

Cheers Stay.calm

You could give it a go, but I'm not sure I will put any more money into it myself. There's been a lot of hype. It may come to something but it might not.

I'm just hanging on to the shares I've got.

Take care

Poor MEG

I guess you don't have much of a life and not many friends either. I feel really sorry for you

Good luck Stay.calm

There are many other decent companies out there.

No shares! Odd that!

MegRS300

I take it you are an expert on share charts and know how they work? If so, you probably know more than me.

I know just a little. Enough to understand how to use the charts to a limited extent. I try to keep within the limits of my knowledge.

I never claim to know where the share price is going, only where it might go. With MET it could go anywhere. I thought I'd made that clear.

Would you care to tell me how many shares you own and the companies you own them in?

MegRS300

How much of what I have written have you read?

Personally, I don't find it at all easy to understand what MET1's directors are doing or what their intentions are.

I don't believe that many do, although there are some theories out there.

I do have some of MET1's shares that are making a profit for me, and, understandably I hope, I want the best for the company and all MET1's shareholders.

I have little interest in illogical claims or meanderings and I try to keep on top of, understand and explain what I think is going on and what the possibilities might be.

And it is true that the shares "could go up, down, or stay the same? could be 2p, could be static, could be 25p". No one knows where the share price could end up.

Do you have a problem with any of that?

MegRS300

How much of what I have written have you read?

Personally, I don't find it at all easy to understand what MET1's directors are doing or what their intentions are.

I don't believe that many do, although there are some theories out there.

I do have some of MET1's shares that are making a profit for me, and, understandably I hope, I want the best for the company and all MET1's shareholders.

I have little interest in illogical claims or meanderings and I try to keep on top of, understand and explain what I think is going on and what the possibilities might be.

And it is true that the shares "could go up, down, or stay the same? could be 2p, could be static, could be 25p". No one knows where the share price could end up.

Do you have a problem with any of that?

Inthedark1

I saw the interview. I wasn't impressed by the questions or the answers. The words, lying gits came to mind. The last time I saw an interview like that the company in question was on its last legs and only just survived. The MET directors didn't say anything we didn't already know and seemed tight lipped and very unhappy with saying anything. I got the impression they didn't want to be there at all.

I don't really understand the warrant system. It seems to be a way of raising funds to buy into other companies without incurring debt. It looks to me that the result will be a lot of dilution. If it works then the dilution should be offset by an increase in the capital value of MET1

I also don't understand what their future plans are. It can take up to 20 years to bring a mine into production. Some people on this board have theorised that MET1 intends focusing on exploration then selling of potential finds for a profit. In other words, MET isn't a miner but capital investment company.

What do you think?

In thedark1

I accept your criticism, but that changes nothing. I meant what I said about James. We need his input to help push the price up. I also meant what I said to Meg. She takes the board and people like James, too seriously.

I have some MET1 shares but I'm not worried about them because they are in profit to a nice extent. They'll have to go down a fair bit before I'm not in profit, but that doesn't mean I don't want MET1 shares to increase in value.

I'm not hitching myself to James or anyone else, either. That's not something I do. It doesn't actually matter to me what he says or claims. I support his presence because if he is as wealthy as he claims and is buying the quantity of shares he claims, it's good for the rest of us. If what he says is untrue, it doesn't matter. If you read my post you'll see I wasn't actually praising him, anyway.

MET1 is only a part of my portfolio so my MET shares aren't that important to me.

I hope that clarifies my position enough for you.

Stay.calm

you can be as disrespectful as you choose. It doesn't bother me.

I accept that I'm full of contradictions, but as long as I'm making money and I'm in profit, which I am, I don't care.

The fact is that my two statements aren't necessarily contradictory. I can't see how MET1 can recover because they have taken on things that they don't have enough money to finance. However, that is a different matter to how their shares might perform. One depends on facts, the other depends on share traders' sentiments.

The reality is that nothing is impossible when it comes to a company like MET1

Mauk.int

This is what I posted:

"For what it's worth, the share chart ended the week on a slight upward curve. I take that as a good sign, indicating that the sp is at least likely to rumble along at more ore less that level for a while, or surprise us by popping up a bit on the recent takeover news. Looking at the chart, it suggests to me that the sp might even bounce back to around 20p by the middle of next month."

Who knows what it will actually do. But I doubt if it will drop by much, if it drops at all. I expect to remain in profit whatever it does

I posted what I saw earlier this morning. You can read what I had to say about if you scroll down a bit.

I've got nothing to add, except it may go up or it may go down.

Scroll down and read what I said

Msuk.int.

Yes. I have

Sorry to disappoint you, Pete, but I'm nicely in profit and intend remaining. I rarely make a loss

What you say is probably interesting to those who share your opinions but not to anyone else.

It doesn't mean that I disagree with the information. I know it anyway. So does practically everyone else who trades or invests in MET1 shares.To put it bluntly, you are wasting your time posting on here

Oh dear, Meg.

You don't get it, do you. This place, this website, is all about making money. Everything is about that. Anything else is an irrelevance.

Your opinions don't matter a jot. They are a total irrelevance. So are mine when it comes to it. At least I understand that fact.

It also doesn't matter a jot whether or not James and his millions are fictional. By taking it the way you do no one takes you seriously. You probably realise that anyway. Nevertheless, please don't leave us or change how you are. You and James add to the entertainment the board provides.

Just a reminder about the charts. They tell us what has happened , not what is going to happen. They are drawn by the actions of traders buying and selling shares. I know it's very obvious really. Trying to judge what might happen in the future is very much about assuming that traders behave in a predictable way. For example, if the sp is low, more people might buy, so forcing the sp to go up.

We need people like James. We should give him all the encouragement we can.

For what it's worth, the share chart ended the week on a slight upward curve. I take that as a good sign, indicating that the sp is at least likely to rumble along at more ore less that level for a while, or surprise us by popping up a bit on the recent takeover news. Looking at the chart, it suggests to me that the sp might even bounce back to around 20p by the middle of next month.

Office manager.

Are you planning to be around long enough to find out?