Australian (ASX) Stock Market Forum

Re: MTN - Marathon Resources

Hello prs,

I know exactly what you are saying. I am feeling quite emboldened now, and this is my second post on ASF - each within the half hour.


"ann" means announcement. Took me months to work that one out, and yes I was frustrated with my stupidity.

Took me longer to work out IMO, and IMHO. Actually, I didn't work it out.
Someone was kind enough to ask the question in one of the threads, and as I breathed a sigh of relief, I stated "Oh, so that's what it means!"
 
Re: MTN - Marathon Resources

Found this tonight for MTN holders that are hoping to mine soon. :(


Potential uranium mine touted in SA
A South Australian uranium explorer says an interim report shows the potential for an underground mine in the north of the state.

Marathon Resources says its deposit at Mount Gee could produce 1,000 tonnes of uranium annually.

But Marathon chief executive John Santich says more studies would need to be done before a mine is developed.

"It's too early to say yet but it will be several years because a lot of preliminary work will have to be done, including environmental and social work, as well as technical material," he said.

Yesterday, two companies behind another uranium deposit in far north SA, Alliance and Quasar Resources, indicated they would apply for a mining lease this year.

Premier Mike Rann promoted the deposit near the Beverley uranium mine during his trade visit in Chile.
 
Re: MTN - Marathon Resources

Hello prs,

I know exactly what you are saying. I am feeling quite emboldened now, and this is my second post on ASF - each within the half hour.


"ann" means announcement. Took me months to work that one out, and yes I was frustrated with my stupidity.

Took me longer to work out IMO, and IMHO. Actually, I didn't work it out.
Someone was kind enough to ask the question in one of the threads, and as I breathed a sigh of relief, I stated "Oh, so that's what it means!"

Here is a tip, search internet for the whatever you don't know.
 
Re: MTN - Marathon Resources

MTN are taking off without a count down... and all the dummy sellers are disappearing
 
Re: MTN - Marathon Resources

MTN has broken the all-time high. We need big volume to confirm this, and hopeful it can close well above the last all time high, $4.1 for a couple of days. So people can decouple it from Cosby's bid. So far so good.
 
Re: MTN - Marathon Resources

I got the letter from Crosby a couple of days ago.

I chuckled.... then sighed and frowned.


They've got to offer us a premium or what is the point?

I mean I turned down 68c fer christs sakes now we are $4.21.

Anyone who accepted that first Crosby offer must be suicidal.


How much are these morons spending on these offers? The postage alone must be really high.
 
Re: MTN - Marathon Resources

there's about 2000 shareholders... each including posting would cost about 2 dollars... 4000 dollars...
 
Re: MTN - Marathon Resources

This is annoying to watch... MTN clearly has bots working against them... every time the price goes up about 50000 shares are always hovering about 2 cents above the last traded price and then when it goes down so do the bots but nothing is ever sold... and then you get the odd BOT wanting to buy 91 shares just to push the price down or something... :mad:
 
Re: MTN - Marathon Resources

Thre little computer programs that are suppose to imitate humans

Must have been living in a cave when it comes to this - you mean these people (presumably some full service brokers) use bots to buy/sell their client's big chunks of shares via manipulation?
 
Re: MTN - Marathon Resources

It's more so that they can buy more MTN shares by getting people to sell early... if you hold good for you
 
Re: MTN - Marathon Resources

I just wanna understand what's going on coz I've noticed small chunks of shares being sold or bought as well; always wondered how these guys are gonna keep paying brokerage to sell off small lumps at a time to disguise the fact that it's actually one buyer/selling doing the trades
 
Re: MTN - Marathon Resources

I just wanna understand what's going on coz I've noticed small chunks of shares being sold or bought as well; always wondered how these guys are gonna keep paying brokerage to sell off small lumps at a time to disguise the fact that it's actually one buyer/selling doing the trades

It's probably buttermere so that their take over bid looks tempting... even though it isn't
 
Re: MTN - Marathon Resources

I just wanna understand what's going on coz I've noticed small chunks of shares being sold or bought as well; always wondered how these guys are gonna keep paying brokerage to sell off small lumps at a time to disguise the fact that it's actually one buyer/selling doing the trades
Some brokers only charge you as one trade of the total number of shares per day, if you place a multiple buys only or multiple sells only for the same share. (if you buy and sell multiple times, you are charged one buy, and one sell)

Well some brokers or fund managers might trade it generate fees or balance portfolios based on the certain written rules.
 
Re: MTN - Marathon Resources

there's about 2000 shareholders... each including posting would cost about 2 dollars... 4000 dollars...


Where did you find there's only 2000 shareholders?

I heard they have to pay quite a bit for the share registry. so the postage is just a fraction of what those bozos are spending.
 
Re: MTN - Marathon Resources

I wouldn't know I don't work in a mail room... I heard it from an interview or something or I read it somewhere... who really cares up 19 cents today:D
 
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