Member Info for Smoothbrain

Or right before they bury you

Link?

I think part of this is the rate cut by the US, devaluing the dollar and generally driving prices up across the board

I hope we get an announcement on expansion and recent drilling exploits along with Q4 results. Has been too little info on this for so long.

I honestly look at those ratings with suspicion. Why would they declare a company is a buy? Surely staying ahead of the game and moving silently is more advantageous than declaring your hand?

I always thought 'buy' really meant 'we want you to buy it from us'.

I think we all would be excited for it to return to covid crash prices for a day and bag at near 10% dividend.

Amusing. Still a lot of land to mine, and their recovery rate for gold extraction had improved recently which helped their overall yields and will keep giving additional gains on top of the price of gold.

Financials are excellent, and even directors seem to take shares rather than cash from their in the know position. One can only wonder why.

That might be your broker. Mine has buy and sell without issue

Oh yes yes yes yes. This is a keeper. Oi

2 words: Mine expansion

Do we have any confirmation of dividends or still speculative? Whilst dividends are great, mine expansion really is key into stages 4+5, and maybe taking over some next door mines which are similarly valued and broadly expanding operations.

I don't mind not taking a dividend if this is establishing a gold mining behemoth for the next 20 years.

Thanks Lee, that is a helpful explanation.

https://bundokdrilling.com/clients - these guys are the ones investigating mine expansion potential, but list very little additional on their website.

https://miningdataonline.com/property/3280/Runruno-Mine.aspx - this data which I believe was referenced earlier is interesting, so hopefully would explain both the delays in results of the mine expansion and also potential for mine expansion.

I think the only issue is getting any current data. Everything data wise is dated which is unhelpful.

That's interesting, but not sure how to interpret that!

Hi Lee, I agree. I will say though that there are a lot of sell orders. Wish we could see where some of these are coming from to give some insight as to what is going on.

Long time lurker, 1st time poster. This company has great technicals, excellent management and track record. Even if expansion doesn't pan out, investors are in for a 4-5 times investment in 3 years based on gold estimates alone as lower gold price forecasts.

Even if the company shuts down at 8p a share, you quadruple your cash. Little investments come close to this these days.

Any counter voices need to present an argument as to why the above is not a reason to invest in MTL. I genuinely would like to see structured reasoning against.