NRZ - NeuRizer Ltd

hector · 7 March 2007

Re: MTN - Marathon Resources

mmmmining said:
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.

No offence, but you speaks the english as goods as Nacho Libre and all the orphans put together!

mmmmining · 7 March 2007

Re: MTN - Marathon Resources

Halba,

I still hold MTN firmly. I didn't see any fundamental change for this stock yet. A few things we need to watch out carefully:

1. More drilling results, anytime soon (miner price impact and short)
2. Resource upgrade, End of March to May; (to establish new baseline)
3. Scope Study April to May; (MUST Watch)
4. Labor party conferences April 29; (Built in, Only negative will screw MTN)
5. Cosby revised bid, anytime (very likely, my prediction is $4.20 per share if Cosby still has a bit talent)
6. Chinese Count-bid anytime after Cosby revised bid (likely $5 per share)

I believe:
The resource upgrade will bring MTN to $5 level if there is no significant downgrade (-10%) on resources;

The company maker is not from a takeover, but from the scope study. A definite YES answer is must. Assume 5mlb annual production, with reasonable capex, then:
$20/lb cost will send this stock to $10
$30/lb cost will send this stock to $7
$50/lb will bury MTN instantly

Let's watch this baby together..

Halba · 7 March 2007

Re: MTN - Marathon Resources

Agree the scoping study by coffey is the key.

Plan B · 7 March 2007

Re: MTN - Marathon Resources

mmmmining said:
Halba,

I still hold MTN firmly. I didn't see any fundamental change for this stock yet. A few things we need to watch out carefully:

1. More drilling results, anytime soon (miner price impact and short)
2. Resource upgrade, End of March to May; (to establish new baseline)
3. Scope Study April to May; (MUST Watch)
4. Labor party conferences April 29; (Built in, Only negative will screw MTN)
5. Cosby revised bid, anytime (very likely, my prediction is $4.20 per share if Cosby still has a bit talent)
6. Chinese Count-bid anytime after Cosby revised bid (likely $5 per share)

I believe:
The resource upgrade will bring MTN to $5 level if there is no significant downgrade (-10%) on resources;

The company maker is not from a takeover, but from the scope study. A definite YES answer is must. Assume 5mlb annual production, with reasonable capex, then:
$20/lb cost will send this stock to $10
$30/lb cost will send this stock to $7
$50/lb will bury MTN instantly

Let's watch this baby together..

Great summary, well done...

4. Labor party conferences April 29; (Built in, Only negative will screw MTN)

Im finding it hard to work out how much is actually built in to the share price already , ill guess we will find out soon enough.

Halba · 7 March 2007

Re: MTN - Marathon Resources

Don't think the costs will get that high...MTN's ore is very high grade and quality is good. i think average grade was 800ppm, with higher grade zones. This is a bargain isn't it with SMM likely to exit index.

sydney1963 · 8 March 2007

Re: MTN - Marathon Resources

Halba said:
Don't think the costs will get that high...MTN's ore is very high grade and quality is good. i think average grade was 800ppm, with higher grade zones. This is a bargain isn't it with SMM likely to exit index.

SMM market cap @ 850 millon, MTN @ 150 millon [atm].
Compare between the value of the resources both have. [under ground]
You will find MTN markt cap is very low, it is a bargain.

Halba · 8 March 2007

Re: MTN - Marathon Resources

Agreed sydney pleased that my buy yesterday was spot on

I agree fundamentals looks good.

I guess I'm going to get set on MTN....big day ahead for me now.

Halba · 8 March 2007

Re: MTN - Marathon Resources

oops cancel that its on the slide again

mmmmining · 8 March 2007

Re: MTN - Marathon Resources

Halba said:
oops cancel that its on the slide again

Halba, I don't watch stock price every minutes, unless I want to trade it. Because I cannot move the price.

Halba · 8 March 2007

Re: MTN - Marathon Resources

Just accumulating a stake, need to get the entry right.

Slow, small amounts to buy it.

chris1983 · 8 March 2007

Re: MTN - Marathon Resources

hmm. this looks good hey. I have no money

Who wants to lend me some?

Mousie · 8 March 2007

Re: MTN - Marathon Resources

chris1983 said:
hmm. this looks good hey. I have no money Who wants to lend me some?

LOL you just traded WMT and what did you blew it on??

:

chris1983 · 8 March 2007

Re: MTN - Marathon Resources

Mousie said:
LOL you just traded WMT and what did you blew it on?? :

I'm on FXR atm. I think they have a % gain in them once they put a message out that their nickel operations are going smoothly. MTN looks really good though..there must be a reason to their current valuation because their deposit is world class

Mousie · 8 March 2007

Re: MTN - Marathon Resources

chris1983 said:
I'm on FXR atm. I think they have a % gain in them once they put a message out that their nickel operations are going smoothly. MTN looks really good though..there must be a reason to their current valuation because their deposit is world class

FXR looks a bit like a "picking the presently unloved" approach from what I noticed in just a few minutes research - but if u wanna get into MTN be prepared to hold a bit long-term IMO, these guys here are waiting for production and that may be some way off.

Rafa · 8 March 2007

Re: MTN - Marathon Resources

Chris,
I've had MTN for ages, around the 70c mark...

I think MTN has run up way too fast for its own good, (from 1.80 to 4.00 in a matter of weeks) and was due for a well deserved breather...

If I was you, i would still wait... this correction, in my opinion, is not yet over, and there may be a cheaper entry point that can be attained... (mid $2 is my estimate)

It all depends on how you do your trading..
Long term, this is a good stock, but even tho this one and BMN are the two stocks i love the most, in my opinion there may be cheaper entry points to come in the near future.

Be interesting to hear any TA views on this correction... i.e. percentage retracement from peak, etc, and what this all means.

mmmmining · 8 March 2007

Re: MTN - Marathon Resources

Rafa said:
Chris,
and there may be a cheaper entry point that can be attained... (mid $2 is my estimate)

It has been there on this Tuesday, $2.62, and
If you are so sure, you can make some money or end up with more shares by selling it now, and buy it back at $2.75?

sydney1963 · 8 March 2007

Re: MTN - Marathon Resources

mmmmining said:
It has been there on this Tuesday, $2.62, and
If you are so sure, you can make some money or end up with more shares by selling it now, and buy it back at $2.75?

Friday or Monday,because the data[job figure] will be announced on US by Friday which will effect the market and MTN sp.

The tug of war that's going on between the bulls and the bears is over the strength of the underlying economy and the strength of earnings," Quincy Krosby, Chief Investment Strategist at The Hartford, told CNBC.com. "Investors will be focused on the important economic data that's coming out on Friday. If the market can keep hold of Tuesday's gains, even if it's in a tight trading range, that's positive."

Halba · 8 March 2007

Re: MTN - Marathon Resources

My opinion.

2.62 no way. This is a far too extreme price prediction. It hit that in one second in the extremities of the correction. It has bounced back well. Why would it go back down there?

mmmmining · 8 March 2007

Re: MTN - Marathon Resources

sydney1963 said:
Friday or Monday,because the data[job figure] will be announced on US by Friday which will effect the market and MTN sp.

The tug of war that's going on between the bulls and the bears is over the strength of the underlying economy and the strength of earnings," Quincy Krosby, Chief Investment Strategist at The Hartford, told CNBC.com. "Investors will be focused on the important economic data that's coming out on Friday. If the market can keep hold of Tuesday's gains, even if it's in a tight trading range, that's positive."

You might find more clues by checking MTN.com.

Halba · 8 March 2007

Re: MTN - Marathon Resources

No one can predict the markets. Nobody has a crystal ball.

Just buy the stocks u think are good and hold em.