- Joined
- 4 April 2006
- Posts
- 60
- Reactions
- 0
Hi. Thought people had forgotten this stock! Fat prophets have a hold on it and a $400m dollar+ valuation(or around 7-8dollars), assuming $5/lb. They think the market is still undervaluing this resource. I agree.
Considering the loc of Mt Gee tennament has anyone considered a tie up between MTN/AGS/Quasar/Heathgate. That's one serious block of U infested dirt. Just thinking out loud...perhaps they'll hear me.
Hi. Thought people had forgotten this stock! Fat prophets have a hold on it and a $400m dollar+ valuation(or around 7-8dollars), assuming $5/lb. They think the market is still undervaluing this resource. I agree.
Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?
Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?
Anybody tell me why it is that uranium has gone up to $95/lb and MTN has remained pretty much the same?
I was right it can't mine. It's just gone up to this level due to hype. I was right all along.
Ummm... I will take back what I said... The Paralana system is a Zone A as shown on the map on page 50... Zone A guidelines are shown on page 43... The summary of it all is MTN can't mine unless the rules are overiden... Sorry Halba but A simple can't mine isn't enough you need sources and research and I just provided it... Ultimately MTN directors must have researched this and have some thing up there sleeves unless they are uranium pretenders... I haven't been this nervous since the correction...
Death to MTN? Come on, guys, are we MTN executives, or Coffey' specialists? or a bunch of kids are watching scary movie on Friday night?
NONE. Today is April 1, April FOUL DAY!
Considering the following is posted on 2 April.
Insider, thank you for opening this kind of worms. I cannot find any Objectives for prohibiting mining "Environmental Class A Policy Area".
ONLY land you cannot mine is the national park and natural reserve. I repeat. Any rest of land can be mined even your backyard is not safe if you can pass the EIA.
The document is dated on about Development Act 1993, dated back on 21 August 2003. I believe MTN executives have read it, Coffey's consultants have read it. I don't believe they are all EVA, try to eat a "forbidden fruit".
If you are still not sure yet, thinking about a billions of dollars, hundreds of jobs, is that significant to state and national interest? How about billions tones of CO2 saved for the planet, and reduced greenhouse gases emissions indirectly?
On Page 44 of the Plan:
Objective 3: ....
Mining activities should only occur in the Environmental Class A policy Area if the reserves of minerals are of paramount importance, ...or their exploitation is in the State or national interest......."
Still not calm down yet?
Who will against it? Of course, the so-called environmentalist, the greens. How big is their voice? And how many people will live in Mt Gee? So relax, let those environmentalist pretender eat **** and die, let the acid rain falling on the green forest turn the tree leaves into "Bob Brown"...
Still not, sell the dame MTN, and run. Don't look back, and don't regret for the rest of your life...
Understand your concern.I understand what you're saying but for now it's under Class A zoning, the resource is under a mountain lined with Crush Breccia and some rare crystal formations... There are endangered species in the area as it is regarded as an animal sanctuary... The paralana system is heritage listed...
Yes it all can be overridden as all the documents I've sourced and read for twelve hours today suggest but there is a huge task ahead... If another company with an equally substantial resource in South Australia turn up soon MTN won't look so hot to the premier of SA... I keep forgetting the losers name...
I don't care how good a company is but you have keep asking questions for and against it... I hate complacency...
Remember I have all my eggs in this basket... Good luck to everyone which means good luck to me too...
They won't mine without conditions...
Understand your concern.
A few sleep pills for you:
Ken Tolbot own over 8% of it,
CITIC owns over 8% of it;
Directors collect owns like 15%;
Cosby want it at $3.52, and expecting to make a killing on it
Go ask yourself a simple question, are they stupid?
MTN is super cheap compare with peers, the market has discounted the environmental issues already. I repeat, I believe it is minable. Only take a bit longer, tougher, and more money to get all approvals. We have not get there yet. If not, we can sue the directors.
Relax, just wait for the Coffey's scope study. They will tell you the full story. Don't pick up a piece of old and dirty document, and scare to death. Plus Cosby has provided a floor on the share price ATM.
LOL... you're good mmmmining....Buttermere are stupid though... The thing is no one ever at ASF or HC showed sources of all that was discussed earlier and not in that depth... I just wish someone would would rip out a massive take over bid today...
when is Coffey's scope study coming?
They told me the end of May for the Scope Study. But I doubt it because they might have to released it after the resources upgrade, which might be around early June.
Before that, a lot of drilling results will be released to the market, including one of the satellite deposit, Armchair.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?