X64 - Ten Sixty Four

[crocdee]

hi all
do some research on this stock read all the reports to date. they have bucket loads of gold and silver and should have the mine up and running near the end of the year. i am very bullish on this stock tis just going to take a little time.

regards croc

 

[stefan]

Re: MML MEDUSA MINING

Croc,

Considering this stock has been trading at 60cents a few months ago, what would you regard as the main reason for the pull back?

Happy trading

Stefan

 

[crocdee]

Re: MML MEDUSA MINING

only 10mil tradible stock, lack of market confidence in general, genuine well researched holders not wanting to sell, not enough stock available for institutions to get involved.
read the reports they are all good
ive been in since the float and will continue to hold and buy more at opportunity great leverage with the oppies

regards croc

 

[stefan]

Re: MML MEDUSA MINING

Croc,

I shall do some reading then...

Happy trading

Stefan

 

[crocdee]

Re: MML MEDUSA MINING

hi stefan
i know its hard to follow and research alot of stocks that one might be alerted to.
just wondering if you have looked at mml yet.
this one will take a little time yet but the behind the scene things are happening.
still very happy with my position with this one.

regards croc

 

[stefan]

Re: MML MEDUSA MINING

Croc,

I have tried to evaluate this stock but I failed due to lack of data. After checking their latest news I came to the conclusion that I would have to understand a lot about gold mines and their potential capacity to evaluate this stock. I honestly don't know what to conclude out of this. They have a lot of things in the pipeline and you seem to consider it worthwhile holding. I wouldn't know how to judge it as I can't figure out what the total value of their potential projects is. It looks to me like a stock similar to MUL. Lots of potential but nothing big happening yet. I for one have enough MUL and wouldn't invest into another one.

So maybe you can give me some more details as you have obviously been looking at it much longer than I have.

Happy trading

Stefan

 

[crocdee]

Re: MML MEDUSA MINING

hi stefan and all who are interested

i refer you back to my first post.
frankly i dont care whether any of you invest in mml or not. to me this site is about being alerted to good companies that have excellent potential of making money. all the asx reports are there for all to read. i am however privy to a little more background music ( like TG with mul) the source is respected as you might all well agree. it will not happen over night, the company has only been listed for 8 months but they will be mining gold within the next 6 months or pehaps sooner who knows.

i did not initiate the first post to ramp mml there is simply not enough trading stock available to the market to do so. i posted in good faith to alert all to a company that has alot of potential to make money.

the choice here is yours folks. IM IN. got in on the float @ 20c picked up the oppies 1:2 @ 1c and made a further investment @ 40c. now i wait with confidence.

you blokes can take it from here if you wish and as TG says EOM

regards croc

 

[stefan]

Re: MML MEDUSA MINING

i am however privy to a little more background music ( like TG with mul) the source is respected as you might all well agree.

No offence, but I don't respect these sources at all. For now I for one have not seen anything "new" posted regarding MUL other than the usual "news about to be released according to my tea leaves" I've seen many times before. I can keep posting that myself and one day I'll be right. Seems a bit far fetched to call that "a little more background music" as you nicely put it.

I do agree with you that others may come up with interesting knowledge about a stock and I don't deny that there are some excellent picks to be found.
I just want to make it clear that boards like these where stocks are discussed, are an easy target to post for the sake of it. We've already seen this happening here.

i did not initiate the first post to ramp mml there is simply not enough trading stock available to the market to do so. i posted in good faith to alert all to a company that has alot of potential to make money.

I would never have thought that you had bad intentions. I agree with what you're saying here.

you blokes can take it from here if you wish and as TG says EOM

Well, you asked for my oppinion and I said that I can't give you one because I don't know enough about it. Any other answer would have been pure speculation. That doesn't mean that MML is crap or whatever. It just means that I don't have the meassures to value it.

Happy trading

Stefan

 

[crocdee]

Re: MML MEDUSA MINING

hi all
MML have made a number of very positive announcements since i alerted this forum to the stock. imo this company has a big future for a long term hold.
i'm not here to ramp any stock but companies like this don't come a long to often. if you are interested read the reports it's all there the storey is unfolding very nicely.
regards croc

 

[stefan]

Re: MML MEDUSA MINING

Oh I see... Sorry I didn't get it when you asked me about this stock in the MUL thread. It's been a while since we talked about it.

It's come along nicely since you mentioned it the first time! Great call!

Now that it is almost back where it was before the fall, what's your oppinion about it? Does it have the potential to break out to higher levels?

Happy trading

Stefan

 

[crocdee]

Re: MML MEDUSA MINING

stefan
mml are working fast on moving into gold production all infrastructure is in place. i believe sp will be well above $1 early next year but you guys need to need to do the f/as to convince yourselves about the company just the same way you did with mul. the gold price is rising and so is mml.

regards croc

 

[crocdee]

Re: MML MEDUSA MINING

hi all
first brought MML TO THE ATTENTION of the board 7-08-04 @ 33c now sp 70c and heading north at a great rate of knots for 2005. can't believe noone has bothered to take note over the short period of time that i have continued to bring this stock to your attention. i am not in to ramping as you can see by my periodic posting but i have to say that you have all lost valuable ground by not doing research into this company. they started 12 mnths ago as a listing and a junior gold producer to now moving towards being an international producer. blue sky ahead for the next few months with many more positive reports to follow. significant upgrades in their gold to come plus further positive drill results on new ground yet to be released.

go back and read the reports released to date. it is hard to get better than this.

my prediction on sp by march 05 $1 plus
the oppies MMLO also offer excellent value

i will say no more about this excellent opportunity to be a part of a young developping company.

if you don't want to invest atleast put it on your watch list and watch it all unfold in the next 12 months

regards croc
ps i have now said my peace about MML the rest of the thread is over to you guys if you want to run with it.

over and out croc[ my xmas present to you all]

 

[tech/a]

Re: MML MEDUSA MINING

Hmm perhaps the correlation in Gold itself might have a bearing on what happens here.Note August Price and now-------- compared to MML chart

 

[ghotib]

Re: MML MEDUSA MINING

FWIW, the January 05 issue of shares has an article about four miners it thinks are on the rise because they're "making the switch from project developer to metal producer. It doesn't refer to MML; it talks about SED, GGN, TTT, and DRA. The common factor is that they are passing a period of "construction risk" (ouch... reminds me of Chemeq) and should therefore be re-rated by the stock market.

In relation to Tech's comment about the gold price, the article uses Newcrest as an example. It suggests that the rise and rise of Newcrest is about the removal of construction risk rather than the rise and rise of the price of gold, because in Aussie dollars the price of gold "has barely moved" ($12 over 18 months)..

Dunno how any of the fits with MML, but seeing as my Shares subscription comes from this board it seems only fair to pass it on.

Solstice Salutations everyone

Ghoti

 

[RichKid]

Re: MML MEDUSA MINING

Okay, been alerted to MML by Croc. Had a quick look (only read a bit of the announcementss). Can't believe the low cash cost of US200!!! very low. Also the move to producer looks smooth as all infrastructure seems to be in place and ready to go. My view on gold longterm is bullish but medium term is that gold will range trade (also note issue about rising aussie dollar and its effect on the AU$ price of gold for local miners). I think this is less of a gold price move and more of a genuinely good prospect driving MML independently of gold- although it does help. Note the consolidation in MML when Gold was rising- disengagement.

What concerns me is the issue of shares at 55c next year- I'm worried that this may pull back the share price even though it is a few months away BUT as I have only some basic knowledge about fudnamentals I'll look at the chart:

Ranged b/w 30-57. Recent activity indicates rectangular consolidation (50-57) and breakout from resistance at 57c, now testing 70c before a further breakout or consolidation IMO if the news is as discussed by croc. The support at about 30c was a good time to buy alright but now I see next support at 57c if the price falls that far.

Not sure if I'll buy in yet as I have other stocks on my list and unlike Croc I didn't buy when it was cheap, still IF it goes onto 90c/$1 it'll be a good deal. A bit tied up in other stocks atm so will watch for now for price weakness- more likely to buy options (MMLO- 2006) than MML.

THanks for mentioning this one Croc, looks like I missed it the first time. Hope my observations above make sense- freely criticize (constructively) if I stuffed up.

Also, Ghotib- thanks for mentioning the Shares article, making it to producer always results insome re-rating; that may result in another hike for MML early next year so my quip about the the 55c stock issue may be irrelevant.

 

[crocdee]

Re: MML MEDUSA MINING

hi all
first gave this one out august 7-04, when sp was 33c
cant believe no-one has really taken it on board.
closing sp today 68c
sensational announcement today as with all others before.
i believe will be 100c soon
no risks here only time and patients it will happen
have copped a bit of flack from stefan and tech in previous posts, but today MML is still in upward trend and still going north.

MML is still a winner and a big one it will be

regards croc

 

[tech/a]

Re: MML MEDUSA MINING

Croc.

Its holding its own since the breakout is ranging a bit though but since August a 100% rise what more would you want.

 

[crocdee]

Re: MML MEDUSA MINING

tech
plenty more to come from this one.
those who do the fa/s will be rewarded just like AZR
its all in the reports no secret stuff.

regards croc

 

[crocdee]

Re: MML MEDUSA MINING

hi all
md geoff davis has returned from the philippines.
more positve announcements due shortly about progress towards production.

regards croc

 

[brerwallabi]

Re: MML MEDUSA MINING

Croc
Medusa looks good to me, have no spare right now so cant join you, have looked very close at it, very low cost and the worry over the government seems to be over, Good Luck nice pick.