Australian (ASX) Stock Market Forum

Re: MTN - Marathon Resources

some shares slipped through at 18minutes past 4>>>> 4:18PM

how does this happen... when I go to the bank one minute late they just lock me out and then I stick my finger up...
 
Re: MTN - Marathon Resources

Drill results r imminent also nizar so you have joined at a good time.
 
Re: MTN - Marathon Resources

Halba
What are these new drill results you mention?
Do you know when the results of the new licences are likely?
I mentioned in a previous thread that I had invested my super in Marathon, well that's about 154,000 shares so you can see that I'm pretty keen for this whole thing to work so I can retire.
 
Re: MTN - Marathon Resources

prs such comments "I hold 154,000 shares" etc cannot be independently verified. I believe the moderator doesn't want people disclosing these figures as they don't contribute anything meaningful to the thread. I myself and others should cease this habit of telling how much you own - this contributes nothing and as stated can't be verified.

To answer your question re: drill results its in the prior announcements. I would think with 154,000 shares you would be up to date and even in the ear of the directors.
 
Re: MTN - Marathon Resources

Halba said:
prs such comments "I hold 154,000 shares" etc cannot be independently verified. I believe the moderator doesn't want people disclosing these figures as they don't contribute anything meaningful to the thread. I myself and others should cease this habit of telling how much you own - this contributes nothing and as stated can't be verified.

To answer your question re: drill results its in the prior announcements. I would think with 154,000 shares you would be up to date and even in the ear of the directors.
Yesterday, 07:34 AM
Halba Join Date: Apr 2006
Posts: 580

Re: ERN - Erongo Energy

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Agree Chris but I invested in BLR for some smaller diversification. I hold like 2k in BLR and 40 times that in BMN so agree.


Happy that ERN closed well on friday, news must be imminent.
 
Re: MTN - Marathon Resources

Halba said:

I myself and others should cease this habit of telling how much you own

Already admitted I have done it on occasion.

Am ceasing this habit. So quoting my past words does nothing.
 
Re: MTN - Marathon Resources

prs said:
I mentioned in a previous thread that I had invested my super in Marathon, well that's about 154,000 shares so you can see that I'm pretty keen for this whole thing to work so I can retire.

With such large holding on MTN, a non-indexed stock, You are very modest to claim that you are new to investment.

Anyway, welcome pre, I believe you have 154,000 reasons to do your own research actively on MTN, instead of being a passive reader and holder. If you have any information on MTN, I appreciate if you can share with us.

For whoever worried about the SA government, SA is in top 5 attraction to miners, ahead of QLD.

http://www.mineweb.net/whats_new/674167.htm
 
Re: MTN - Marathon Resources

Guys, please accept my apologies for any inappropriate comments. I AM completely new to investing and while I cannot disclose the reason why I decided upon MTN and chose to invest everything, I can honestly say that this is an interesting and traumatic ride that I'm on. I listen and read as much as I can but there are probably a number of sites I'm not aware of pertaining to my investment. Should you guys wish to offer any sites I would be very greatful. Please take it easy guys I really am only learning but would like to know heaps more with a view to continued investing.
I have e-mailed MTN and asked a similar question about the licences and not received a response. Disappointing but I haven't given up hope. I feel a bit shy about giving info that I have for fear of getting beaten down. However, should I find anything out I will most definately share, a reason why I joined this site. I guess also, there's a side of me that is looking for confirmation that I've done the right thing. Thks mmmmining for the welcome.
 
Re: MTN - Marathon Resources

prs how much $$ are you sitting on? Throwing 154,000 shares into a company without research is suicide. You might have fluked it here ,but i strongly suggest you do some research before hopping in.

Frankly i do not believe you. You sound very new and i very much doubt a newbie would put 154,000 shares. 154,000 shares even purchased at average of $2 is worth over $300,000. Do i believe you? I don't coz even i do not play with that sort of cash.

If i am wrong i must apologise. But normally people with that kind of cash(in one stock) are highly professional and methodical and have connections in the industry.
 
Re: MTN - Marathon Resources

Halba, I don't think we should getting into too much private (how much share I own, you own, or "Pre" own is a private matter). If you still not calm down yet, just think "Pre" might be a relative of one of the executives in MTN, or "Pre" might a rich person, or simply inherit it, even win a lotto.

I believe "Pre" might contribute a lot in this thread because of his large holding. All we need is use our time and energy to analyze MTN, not "Pre".
 
Re: MTN - Marathon Resources

who the heck is "pre" mmining? I was addressing "prs"

on a strictly MTN note the share is doing splendid :)

they are current drilling the eastern most side of the deposit. results or some progress report is imminent. Coffey mining study i believe will be in may
 
Re: MTN - Marathon Resources

Halba said:
who the heck is "pre" mmining? I was addressing "prs"

on a strictly MTN note the share is doing splendid :)

they are current drilling the eastern most side of the deposit. results or some progress report is imminent. Coffey mining study i believe will be in may
Sorry, Halba, a typo. should be "prs"
 
Re: MTN - Marathon Resources

Guys, research was done prior to my investing. I am not a relative of anyone at MTN, I promise all of you I am a 57 yr old punter who is desperate to retire, who was literally getting nowhere with his superannuation and didn't have enough to fulfill that dream. I have taken a big plunge and while you may feel it suicidal it appears to be working. I am not a professional. I invested my super and bought MTN shares when they were $1.63, you know roughly how many shares I hold and the closing price today was $3.88. You can work it out from there.
Halba, the reason I invested that amount of money is that I have been working for over 41 yrs and I have been accruing super for that amount of time.
 
Re: MTN - Marathon Resources

Guys, it's probably best that no one post up how many shares they've bought and for how much. I've found that it just presents problems on the forum. There is no way to varify it, and can also be easily suspected as ramping. I'm not saying anyone has done that deliberately here, it's just a general comment. If anyone really has to tell someone how many shares they own in something, it's best to be done via PM. Cheers. Sean K
 
Re: MTN - Marathon Resources

Sorry kennas, just trying to help these guys understand where I'm coming from and that I'm not stupid, suicidal or some sort of ogre. No more numbers will be mentioned.
 
Re: MTN - Marathon Resources

getting back to the issue here, does anyone think the directors will accept this offer and tell us shareholders to accept it too, in the absence of any higher bids (thats what they all say). I mean directors have made stupid decisions in the past.
Also, would it be wise for PDN to drop its offer for SMM and bid for MTN instead?
 
Re: MTN - Marathon Resources

Sleeper 88 I doubt much more will be heard on the issue of takeover.

Directors think its laughable and I myself think this is a joke (very underbidding).
 
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