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Re: MTN - Marathon Resources

sydney1963 said:
SP200 did not go down to 5500 as some expected b4. :)
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You cannot pick a number in the air or from your smart system, and ask Mr Market to perform accordingly, and MTN does not have 100% weight in SP200, and MTN even not in any index yet.
 
Re: MTN - Marathon Resources

sydney1963 said:
still SP200 did not go down to 5500 as some expected b4. :)
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You should put the word YET in that sentence. I hope it doesn't for those still heavily exposed.
 
Re: MTN - Marathon Resources

kennas said:
You should put the word YET in that sentence. I hope it doesn't for those still heavily exposed.
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O.K, they said b4 on CBNC that correction may be extended to 10%, now DOWJ
still did not reach 6.5%. That mean ASX will be affected in the future if DOWJ went down another 3.5%, that could take SP200 to 5600 or even lower.
Again MTN, BMN & ERN are not at any index, I agree, but still could be affected by that, I say could be. It all speculation, and it is the worst case.
 
Re: MTN - Marathon Resources

sydney1963 said:
It's the cheapst uranium stock in the market. According to the resources MTN has, its worth 5 billion. [$3/IB of U3O8]
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If you think that MTN is worth $5 billion then that equates to a share price of well over $100 and a higher market cap than PDN? I think your figures are way overinflated and if there was a "Ramp of the Month Awarrd for Newbies" I would back your nomination.
DYOR
 
Re: MTN - Marathon Resources

normally in ground value doesn't mean the mkt cap should be that?
 
Re: MTN - Marathon Resources

Halba said:
normally in ground value doesn't mean the mkt cap should be that?
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Agreed 100%. Hence, my point that sydney1963's analysis is totally misleading and dangerous.
DYOR
 
Re: MTN - Marathon Resources

Let's find some middle ground here...

SMM have a resource of 72,000,000,000 pounds
MTN have a resource of 69,000,000,000 pounds

SMM: I'm not quite sure how much ownership SMM have on their projects but I don't think it's 100%... correct me if I'm wrong please, but be nice about it :)

MTN: have 100% ownership of the project at Mt gee which is where the results come from

AGS had roughly about $450M
DYL somewhere like $350M
SMM have a market capital of around $600M
MTN have a market capital of around $170M

So in relation to other companies MTN is certainly a contender and a lot cheaper... They are not worth a billion but over the next twelve months I can see them rising to $500M... This is wishful thinking
 
Re: MTN - Marathon Resources

insider said:
Let's find some middle ground here...

SMM have a resource of 72,000,000,000 pounds
MTN have a resource of 69,000,000,000 pounds

SMM: I'm not quite sure how much ownership SMM have on their projects but I don't think it's 100%... correct me if I'm wrong please, but be nice about it :)

MTN: have 100% ownership of the project at Mt gee which is where the results come from

AGS had roughly about $450M
DYL somewhere like $350M
SMM have a market capital of around $600M
MTN have a market capital of around $170M

So in relation to other companies MTN is certainly a contender and a lot cheaper... They are not worth a billion but over the next twelve months I can see them rising to $500M... This is wishful thinking
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Nice work here Insider, but $500M is still way short of sydney1963's $5 billion value. For sydney to quote such a high value is very irresponsible and just plain ramping,
 
Re: MTN - Marathon Resources

greggy said:
Nice work here Insider, but $500M is still way short of sydney1963's $5 billion value. For sydney to quote such a high value is very irresponsible and just plain ramping,
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Greggy, I guess everybody understand that Sydney1963 confused in ground value with stock market value. Maybe we should give him a break, considering he is new kinds on the block. IT is a learning process. There is no need to speak the "R" word IMHO.

Anyway, we should focused on how MTN could travel from $170m to $500m market cap. Definitely there are a lot of fears in MTN, and plenty of greeds in SMM. We just have to wait, study, and research.
 
Re: MTN - Marathon Resources

mmmmining said:
Greggy, I guess everybody understand that Sydney1963 confused in ground value with stock market value. Maybe we should give him a break, considering he is new kinds on the block. IT is a learning process. There is no need to speak the "R" word IMHO.

Anyway, we should focused on how MTN could travel from $170m to $500m market cap. Definitely there are a lot of fears in MTN, and plenty of greeds in SMM. We just have to wait, study, and research.
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I'm just trying to say here that it would bit of a worry if someone had since gone out and bought some thinking they were worth that much, but I'll move on from here. I just saw it as ramping and should you disagree so be it.
 
Re: MTN - Marathon Resources

greggy said:
I'm just trying to say here that it would bit of a worry if someone had since gone out and bought some thinking they were worth that much, but I'll move on from here. I just saw it as ramping and should you disagree so be it.
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Somebody who buys stock blindly from a post on an online forum deserves to get burnt anyway.
Seriously.
 
Re: MTN - Marathon Resources

Hey I have been burnt by rampings... I can't blame them because the choice was mine... but remember free tips are usually the most expensive!!!!

Back to MTN... They are going to take over Microsoft and the Pentagon... then take over the world... I swear :p:
 
Re: MTN - Marathon Resources

Guys, I'm totally new to investing so please be understanding if I come up with strange questions. I've invested heavily in Marathon, like my super and of course apprehensive with latest downturn. You guys impress me with your knowledge and enthusiasm that MTN will regain its composure and rebound. Do you think it will go backwards much more and what sort of rebound do you think it will make?
 
Re: MTN - Marathon Resources

prs ...you understand that no one has a crystal ball and can tell you where the price will be the next day, week etc.

But most ppl seem to be bullish on MTN so just ride the trend.
 
Re: MTN - Marathon Resources

nizar said:
Somebody who buys stock blindly from a post on an online forum deserves to get burnt anyway.
Seriously.
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You just :axt: two groups of ASFers, I don't know which group you have hit harder, these who believe ASF is god, or those who believe that ASFers believe ASF is god? :D

Anyway, thanks for answering it for me. :alcohol:
 
Re: MTN - Marathon Resources

mmmmining said:
You just :axt: two groups of ASFers, I don't know which group you have hit harder, these who believe ASF is god, or those who believe that ASFers believe ASF is god? :D

Anyway, thanks for answering it for me. :alcohol:
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LOL!!!

To put it more kindly though:

ASF exposes us to stocks which we may not have heard of before, and now that we do, we can understand them a bit better objectively.

But with so many stocks (that you understood from ASF), and so few cash to go around, decide for yourself which ones provide the best value, and TAKE THE PLUNGE!!!

See? Easy!!!

(Disclaimer: Errrrr...if after all's said and done and you're still in the red, maybe not :eek: )
 
Re: MTN - Marathon Resources

Hi mmining, nizar and others

I have purchased a small parcel of MTN this morning. You have all successfully convinced me. I might top up again if it falls to add to my holding.

Reasons: Big resource and china shareholding tempted me. I guess with china as a s/holder the SA govt will want to give this the go ahead. Its on crown land so the usual things will have to be gotten through. Its best off as mmining has said to focus on the resource first, rest of stuff later.

Cheerios.
 
Re: MTN - Marathon Resources

Halba said:
Hi mmining, nizar and others

I have purchased a small parcel of MTN this morning. You have all successfully convinced me. I might top up again if it falls to add to my holding.

Reasons: Big resource and china shareholding tempted me. I guess with china as a s/holder the SA govt will want to give this the go ahead. Its on crown land so the usual things will have to be gotten through. Its best off as mmining has said to focus on the resource first, rest of stuff later.

Cheerios.
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Halba,

Dangerous, I guess you are acting on your own will, right? I don't want be named as a ramper.

Well, my theory is still the same, I am betting on the whole uranium sectors, not one or two particular stocks (provide you have enough play money).

The booming uranium sector will provide a support on the floor. We need to find stocks with star performance. Betting on multiple horses increase your odds to find them.

Of course, you might end up with one or two dogs. But we all know that, if you can have a few good ones with 100% to 1000%+ appreciations, you are still well ahead.
 
Re: MTN - Marathon Resources

I bought a small position, of my own volition. It will benefit from the labor party conference soon!
 
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