Member Info for theiceberg

Thanks for that Vlad. The article is actually mine and has been pinched pictures and all from my blog. The dirty little buggers. A little email might be going their way in the morning.

Simply looks like Darwin has a target to sell by a certain date (probably to set up an easy Christmas), sold their quota, which dragged the price down. Now that they are not leaning heavily on the ask with cheap DMA's market makers now have to work to get shares again and the price comes back up. Any sustained buying will see the 4p level again imho, at least until and unless Darwin start selling again. RAB look to be holding firm for the result, which is excellent. Will be good to see no draw down from Darwin this month by the BOD. As always here's hoping for a result as quickly as possible, but I am happy for it to take as long as it takes.

has compromised her position several times and been thrown off arbitration panels for her refusal to be reasonable.....

We know it happens every year, but its good timing to be happening now...:) At least it is assuming the result is soonish.

Pretty good timing isn't it. They can free Said under this and don't have to admit anything about losing any arbitration, they can also free said and get a few ten's of millions knocked off the award under post arbitration results negotiation.

The result will come when they finish it.... For the record though December has been my month of choice since the summer, historically speaking and looking at past arbitration results. I am also getting tempted to top up at this level..

Sorry missed your post.

no its not..... that's why, we have 3 arbitrators. There are hundreds of different outcomes though.... Maybe Kandy has been grabbed illegally, maybe not, maybe amity has been , maybe not. Maybe the taxes are valid maybe not, maybe the uzbeks have got away with the currency scam, maybe not. BTW well done Petty for contacting them. I really wish more people would talk to BOD's, Nomad's, even brokers..the simply fact is most are afraid to do it. (BTW I equally found OXUS's nomads answered sensible questions)...

have to disagree with most of the posts of this (nothing new then). Mr Shead's and the oxus lawyers very near, is obviously far different to most folks on here.(I strongly remember the folks saying days when the RNS came). Just because you don't agree with his definition of very near, doesn't mean you should start questioning his motives. If anybody has thin patience my suggestion is sell up and bugger off. Finally if you think they are dragging their feet. I strongly suggest you read up on a few other arbitration cases. For quite possible the most complicated Uncitral case of this decade, this is moving at almost lightening speed. Sorry grump over, resume....

low volume tight liquidity share movement. Single buyer (12-13 today) and we get a large share movement.

what do we believe the 1.2m shares sold or the fact that the SP rose 13%... Pretty clear for me. 500k buy (as we saw previously at 500k chunks) and the mms raising the ask to put off buyers and raising the bid to collect some shares for it. We always hear folks complaining about never buying on a spike etc etc, but the problem with AIM is that folks never buy when the share is unloved... MCR is a typical tight liquidity high moving share on low volume, with as always the shares going from the inpatient to the patient investors who can go wait the few weeks or months needed to see the big gains.

on friday. 3 month chart shows exactly where MCR is......and where its going.

buy imho, delayed timestamp, but bid was rising during that period...Looks like the shares were gathered during the morning and delayed at the actual time of the trade is was 1.35 1.60, with the ask having only just been raised from 1.50.

yep, i was hoodwinked by the mercator RNS's that LSE are showing(i.e the RNS's dated 2010 on this page). SP doing well and mm's very keen to take it up on small volume atm.

a clear buy and not a sell. But a buy planned to be shown as a sell. Looks like the a partial fill of an order to me. Buy previous was 1.3 buy after(tiny) 1.35. Bid raised to 1.25 prior to the trade so it shows as a sell, order filled today earlier when the bid dropped down to 1.1 or so. Nice to see a consistant recovery, stake building and tighter liquidity

Wish i could ramp it up, but tbh i wouldn't be right. For me I've been watching the share for a little while and been intrigued by it. They've raised some cash, attracted Paul Johnson, from ECR....the jigsaw puzzle for me is that this use to be Mercator in a past life, who went into administration, and PJ was brought in as the finance director. When i spoke to him last year he said he has lots of past experience in the kind of insolvency accounting etc. He's also a founder of mining maven. He now buys along with Mark Ward a big chunk of this shell ??. No investment has yet been made by MCR and and with 50k a year expenses, money isn't a problem.... I don't have a rats arse clue as to how much MCR might be worth nor what deal it might involve, but the jigsaw piece's seem to indicate that it might be a pretty picture. I have my thoughts but will keep them very private atm. So no ramping, just a very mysterious share, which has caught my interest, hope it catches a few others as well. BTW we saw 15m shares traded yesterday so the 1.6m today isn't really worth much in the scheme of things(even though its still 3-4% of all the free float shares. !

at £1m. Once they have "brought into" an exploration prospect they will be valued at 3-4m imho assuming its a good prospect. So the risk here is totally whether or not the prospect is "good". A poor prospect might be worth 1.5m or so. So risk is pretty minimal medium term. I can see MCR going upto maybe £2m in advance of any deal, particularly with this kind of volume.....

If we take into account the shares not held in public hands and the shares held by major shareholders (i.e RNS release would be needed if they sold). Then we are left with around 35m shares in freefloat, so something like 40% of all the free float shares have been traded today. IMHO this doesn' happen with a pump and dump. There might well be a few folks who brought in at 1p or so and sold at a 50% profit. But that will certainly happen. Volumes today though indicate that what is happening atm has not happened before with this new company. Where the value of this company will be, will depend totally on what deal the BOD have secured......But I'd imagine any deal will come very soon, going from simple volume. BTW i am in here, not heavy but with a few shares brought last friday.

Isn't it nice that the sp is rising without being pumped in any bbs or by the bod