MineralRite Corp (RITE)

[winstocksnew]

MINERALRITETM promotes, through honor, ethics,
morals and integrity (“HEMI”), the recovery of
strategic elements from under utilized, undervalued,
and untapped mineral resources and feedstocks.


Our mission, through mining, remediation, and recycling,
is to drive economic value and growth – using technical
innovation to enhance efficiency in the process of these
undervalued resources – the ultimate aim of which is the
realization of their economic potential while ameliorating
the environmental and social impact that often emanates
from such mineral recovery operations.

From there website.
Honor and Integrity takes time. They are doing it Rite and the OTC is very stagnant these days for whatever reason.

[James56]

Yep.

[PENNY DIPZ]

Then 0002

[James56]

0003 soon.

[PENNY DIPZ]

Added more taking place :)

[Nebuchadnezzar]

dumping at 0004 taking place

[Nebuchadnezzar]

average daily volume needs to pick up here and quickly

[MegaMagician86]

IMHO it's called "Marking the Close"; which is a sub-category of "Painting the Tape"

The purpose is simple...to give the appearance that a stock has not changed in price and has more stability. In the case of micro-caps, it costs essentially nothing -- but it does have the effect that it reduces the appearance of volatility. For example, assume the bid is .0004 and the ask is .0005, and the stock alternates daily to close at the bid, close at the ask, close at the bid, close at the ask, etc., the price volatility would show .0004 down 20%; and the next day .0005 up 25%; then .0004 down 20%; and the next day .0005 up 25%; etc... The stock hasn't gone anyway, but it looks very volatile.

I suspect that when they finally announce what they have "in the pipeline", then we will see the stock move.

[rs99]

Or someone that has large enough accounts that doesn’t pay for trades! When TDA it was that way. Not sure about this one.

[rs99]

I would say an MM imho!

[Patrick Bateman]

It’s weird. I see that trade every day. Any idea why?

[Nebuchadnezzar]

who wastes time and money with these 2345 trades?

[Nebuchadnezzar]

what happened to the 5M and 10M smacks at the ask in the OTC?

thats all RITE needs

big smacks at the ask and it will move fast

[crazy horse 0]

it took NBRI a long time to get where it is and RITE is in the right business. Just a waiting game it seems

would like to see the range move up from 0004-0006 to 0007-0010

[Nebuchadnezzar]

would like to see the range move up from 0004-0006 to 0007-0010

[trader_ron]

ZERO shares traded ????

[HJ72]

Still unsolicited quote smh

[Nebuchadnezzar]

RITE

and BOTY are my last to OTC plays

either they run or they dont

im done with the OTC

[Nebuchadnezzar]

now volume needs to pick up

[AveragePenny]

$RITE - "met with several quality contacts at the National Investment Bankers Association meeting last week. Talks are progressing with purpose with multiple members as RITE’s story continues to unfold. #MineralRite #RITE #PreciousMetalMining #InvestorRelations #OTCMarkets"

$RITE met with several quality contacts at the National Investment Bankers Association meeting last week. Talks are progressing with purpose with multiple members as RITE’s story continues to unfold. #MineralRite #RITE #PreciousMetalMining #InvestorRelations #OTCMarkets

— Mineralrite Corporation (@Mineralrite) September 9, 2024

[The Night Stalker]

not bad, im in AAGC myself, debt free profitable 000 that buys back shares, everythings paid in cash deals- goldmine

my other diamond goldmine merger is anti dilution, updates go off radar, change of control mid august, smart DD here, i can run this micro floater myself then take out 0009 myself at AAGC-15 baggers. in making

boty- nothing going for it

find pennystocks with alot going for it AAGC- my micro float merger anti dilution pick- 15 baggers backed with DD

[crazy horse 0]

Bought today

Volume comes when it comes... whether it be via tweet, pr, organic fomo
Small cap traders will venture over soon.
Dilution kills 100% of runs, there should be none here.
I think they get the last debtor to convert to Class C as well, then have a clean debt sheet and 15.6 billion shares to invest into capital/acquisition.
As long as communication stays steady/ramps up things will be real good.

[Patrick Bateman]

Not only doesn’t there appear to be dilution but they announced share cancellations and say they are going to do more.

[BasedOnFeels]

Volume comes when it comes... whether it be via tweet, pr, organic fomo
Small cap traders will venture over soon.
Dilution kills 100% of runs, there should be none here.
I think they get the last debtor to convert to Class C as well, then have a clean debt sheet and 15.6 billion shares to invest into capital/acquisition.
As long as communication stays steady/ramps up things will be real good.

[Nebuchadnezzar]

lets see some serious volume here next week

what say u?

[InDa0828]

Great points

[BasedOnFeels]

-Doesnt seem to be much selling. Looks as though new shareholders are holding for next update.
As long as communication stays like it has, newer and newer investors feel better about their play.
-Multiple upcoming catalysts --(debt/share cancellation, multiple acquisitions, major investments, audited books/SEC filer, reaching solicited quotes, board member/officer adds).
-Share structure isnt great but it isnt bad either-- for the OTC.
-The ONLY convertible notes that are due are with one person, while the others were shored up for another 1-2years minimum in the form of restricted C class shares.
-Since January 15 of 2023 the CEO has been working on the debt situation, pretty strong to negotiate new debt terms with 95% of the holders.
-Mining sector pump before election might even boost the trajectory of the share price here?
-RITE has been doing all the correct steps to become a good stock to invest in. One that the OTC always cries they want more of. Communication, revenues, transparency, growth, proper books, a sound CEO and minimal debt. It either sticks or it doesnt.
-OTC is lacking volume atm, but it will pick up, the historical cycle demands it. The ask will start to get slapped without a tweet or market wire news.
-Most who are in this believe it can be a major winner. The story continues....

[Nebuchadnezzar]

crickets

hope to see some big slaps at the ask soon

[InDa0828]

Let’s see what in play for $RITE after CEO attendance at NIBA meeting!

[MeteoricHaven51]

Considering how long it toggled between .0003 and .0004, I think it’s going to say between 5 and 6 for a while. Unless they find a deposit of gold. 🤞🏽

[Nebuchadnezzar]

RITE still stuck at 0006

[Nebuchadnezzar]

volume weak again

very inconsistent volume here

[Ribo]

https://stocktwits.com/RiteSideUp/message/584834290

[BurgerKing82]

Are they mining Gold or Snotrockets?....Could be intriguing if the former....Gold keeps its trajectory.... Either way... Inflation is inevitable?

[Nebuchadnezzar]

why is RITE still in the trips?

[Nebuchadnezzar]

would like to see volume pick up

[Nebuchadnezzar]

RITE- investor relations

https://mineral-rite.com/wp-content/uploads/2024/08/2024-08-30-PRESS-RELEASE-NIBA_vFINAL.pdf

[Nebuchadnezzar]

RITE bullish

[AveragePenny]

$RITE - "$RITE CEO will attend the National Investment Bankers Association meeting next week in Ft. Lauderdale. RITE looks to engage investment bankers to facilitate future planned capital raises and to help tell RITE’s story. #MineralRite #RITE #InvestorRelations #OTCMarkets"

$RITE CEO will attend the National Investment Bankers Association meeting next week in Ft. Lauderdale. RITE looks to engage investment bankers to facilitate future planned capital raises and to help tell RITE’s story. #MineralRite #RITE #InvestorRelations #OTCMarkets

— Mineralrite Corporation (@Mineralrite) August 30, 2024

[trader_ron]

Setting up nicely for next week, consolidating.

[AveragePenny]

$RITE - "CRDNews is now emailing the follow-up message in the $RITE Exposure Campaign which started in July.

This message can be seen at: https://crdnews.info/RITE_2024-08-27.html the prior at: https://crdnews.info/RITE_2024-07-17.html #MineralRite #RITE #InvestorRelations #OTCMarkets"

CRDNews is now emailing the follow-up message in the $RITE Exposure Campaign which started in July. This message can be seen at: https://t.co/AxNTSCD6ED   the prior at: https://t.co/H9DOfmXCyY #MineralRite #RITE #InvestorRelations #OTCMarkets

— Mineralrite Corporation (@Mineralrite) August 28, 2024

[Nebuchadnezzar]

become volume my friend

[JusDePomme]

Otc market dead and slow today no volume nor movers today

[Nebuchadnezzar]

slow day here

lot of people losing their shirts in SMCI i suppose lol

[Nebuchadnezzar]

nothing is certain, but hopefully, 0002s are behind us for good

[Nezitic]

Okay sir

[jimr1717]

🤢 lol

[Ragnar]

Not going to happen. 0008 will hit before 0002. $RITE

[Nebuchadnezzar]

0002 based on what?

[Nezitic]

Because this is how market works, it goes up and down, soon 0.0002