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Yes it is, JV and Merger///LOL oh and Q
If MMTE is planning a J/V, nows the time to do it with the pps so low...
Maestro
Been watching this company for a while. They been in Chile for a while. This is a good possiblity, You have to traslate to english.
http://www.simbalik.com/default.aspx
Maricunga lithium analysis provided to Salares 7/Talison Lithium
http://www.salareslithium.com/i/pdf/reports/salares_7_43101.pdf
Google Map is updated
http://maps.google.com/maps/ms?msid=216422150148116910310.0004b20ef9715a1cf0000&msa=0&ll=-26.850416,-68.966675&spn=0.233408,0.604248
10.2.7 Salar de Maricunga
Perhaps given the ease of access, some 30 samples were collected in and around Salar de
Maricunga by DGN-UCN-IRD, including lagoons, water holes, springs and creeks. Details and
results of 18 of these samples, those within and proximal to the salar are contained in Table 21
and shown on Figure 11a.
Table 21 – Salar de Maricunga Water Geochemistry (1999)
Four water samples, including one duplicate, were collected by the author along the northeast
side of Salar de Maricunga from lagoons and a water hole excavated along the salar edge. Details
and results of this sampling are contained in Table 22 with locations and Li, K and Na values
shown on Figure 11b.
Discussion of Results
A review of the 1999 reported sampling shows that the bulk of the sampling was carried out on
the southern half of the salar and that lithium and potassium values are low. The two highest
P2P Health Systems Inc. 59
Salares 7 Property, Chile
lithium values obtained, of 205 and 1050 ppm, were collected on the west side of the salar
(Figure 11a).
The 2009 sampling indicates that higher lithium values are also present on the north and
northwest sides of the salar with limited sampling having been carried out in the north central
part of the salar between the areas of the 1999 and 2009 sampling
Talison's concession on the North East side of salar.
Drill holes
Mammoth's concessions in relation to drill holes
White AC 1 & White AC 2 (LI: 8, 12 , 9) are the nearest the highest lithium values according to the drill holes, and potassium as high as 312 MG. The rest of the concession's drill results show they are near a drill result showing LI:5 potassium 63
Lithium 3 Energy ( Li: 4, 11) and Pan American lithium (LI: 2 ,32) are near drill holes with the same drill results as MMTE's. Both companies have partnerships with Posco for production.
I have a wider map showing all concessions and drill results which I hope to share soon.
Satelitte image of MMTE's concessions in the region
Great post Maestro - very much appreciate the topo's you make !!
Mining ministry calls on Codelco
Mining ministry calls on Codelco to evaluate participation in lithium industry - Chile
Published: Friday, March 23, 2012 17:10 (GMT -0400)More news from Chile
By Victor Henriquez / Business News Americas
Chile's mining ministry has again called on state copper producer Codelco to evaluate its potential participation in the country's lithium industry.
"We hope that Codelco could have a significant role in lithium mining in the country," deputy mining minister Pablo Wagner said at a conference on the subject, organized by Codelco's copper workers federation (FTC).
Codelco owns lithium concessions in the Pedernales salt lake in northern region II, which were granted before the mineral was declared strategic by law and its mining was restricted.
The government granted concessions over five salt flats in northern Chile in 1932, but the mineral was declared strategic and further concessions forbidden by a constitutional reform in 1979.
"The Chilean state, through Codelco, can take part in the lithium market. It can do it today. It does not even need to participate in the tender processes for the special contracts that the government is working on," Wagner said.
Codelco executives only need to cross the street to the national nuclear commission CCHEN and ask for the authorization to start mining lithium from Pedernales, according to the deputy minister.
"We have asked Codelco to at least evaluate the market. I understand the company has other priorities, but it's perfectly capable of doing it by itself or in association with a private company," Wagner said.
In February, the ministry announced plans to award special contracts for lithium development.
The 20-year special lithium concession contracts will allow companies to mine up to 100,000t of lithium. During the contract period, it is estimated that the state could collect US$350mn for each project approved.
However, Codelco has been lukewarm on the subject. "We have lithium reserves... We're going to evaluate the possibility, but it's not part of our strategy," CEO Diego Hernández said recently.
Currently, the only companies authorized to mine lithium in the country are local non-metallic firm SQM (NYSE, BCS: SQM) and the local subsidiary of Germany's Chemetall Lithium, Sociedad Chilena del Litio (SCL).
Both were granted concessions before lithium was declared strategic.
Simbalik
However, a new competitor is about to enter the market. Taiwan-based Simbalik Group was recently granted authorization by CCHEN to start mining lithium from a concession at the Salar de Maricunga salt lake in northern Chile that dates from 1932.
Several companies - such as Lima-based Li3 Energy (OTC.BB: LIEG), Australia's Talison Lithium and US-based Pan American Lithium (TSX-V: PL, OTCQB: PALTF) - are currently exploring for lithium in Chile.
Codelco owns these concessions in the Maricunga just north of Mammoth's concessions.
If Codelco is not interested in mining their own claims and they are being called upon to consider mining lithium, then these claims become very valuable to a J/V partner. We already know that LI3 Energy & Pan American have negotiated deals and Simbalik is free to begin production. It appears that MMTE has numerous potential partners in the area.
Big picture of Codelco, Simbalik & Mammoth Energy concessions
I firmly believe the Maricunga could be a big hot spot for activity for MMTE in the very near future.[/b]
lol highlight to my day maybe
k like to share i am not finding any news out tia
H&H you have NO CLUE what your talking about.
MMTE is getting ready to go, and your sitting here lying to all these new peeps. Done no DD, prue speculation with your buddies on here.
All the new peeps that are looking at MMTE, please do your DD, theres peeps on here that want MMTE to go down, just before the NEWS/PR. They will sit here and scream RS and a bunch other of unfounded speculations. They dont want to see MMTE sucseed, but guess what,, do a little reading and contact the right peeps on this board, such as the moderators and you will find MMTE is a great stock, and gona be even better. Youll notice who the badmouths are, and youll also find out they have no backing to their speculations.
We just had a RS people!!!! There is only 2 billion shares now!!!!!
April Fools
Jo, you and Rusty can wait together, aint gona happen bud..LOL You gona miss the boat...GLTY GO MMTE
More conjecture. NO proof of anything.
The Q's which already show the truth, will be in autited form,and will yet again will show WL has been honest with everything he has said.
Why do think a rs is coming? Wl is in charge not you or any of us also why couldnt he retire shares he cant cause we are in land grabing mode why to uplist do you read the prs there is a plan and you dont know or I so give it a rest... Plans are coming... Mmte
very few do at this point imo, but when you are so underwater here what choice is there but to cheer on nothing.
and when has a ceo ever said anything but no "planned" r/s. what is he gonna say..well, maybe we will? lol. it will show up as an amendment one day on the nevada site if they ever get the money to file and be current again (still in default 1 month + later.) or there will be a merger/jv that will do the equivalent.
the excuse will be that they had to do it to for the deals to go through and its better for shareholders in the long run. just like when a/s was raised to 15 billion but o/s would not go up.
billions more are in the o/s since that was said by management.
there is no denying this and being accurate, but people will anyway.
same ol.
gltaimo
Mmte has a CEO? I thought it was just someone at the top diluting !! How many billion of shares are out there? This stock might be worth .0003 that's when I will buy more next week..
Joey isnt the CEO, the CEO says NO RS, I think I would go with the CEOs factual statement, not Joeys NONFACTUAL statement.
HimayaKo
I think you might want to check futher. These are nice and proven.
http://www.teslamotors.com/
I think the electric car is too far away from development to solve the lithium market. They have been trying to build a reliable electric car for over a 100 years now. In 1911 the NY Times wrote how the electric car was ideal because it was clean, quiet and economical. In 2010 the Washington Post wrote, "the same unreliability of electric car batteries that flummoxed Thomas Edison persists today." The green energy industry is mostly a fraud based on a hoax. Can you imagine how many new coal plants will be needed to charge up all those electric car batteries if and when we are force to purchase Chevy Volts? Wind power ain't going to cut it folks.
I suspect that the lithium batteries needed in cell phones, computers, tech equipment and toys will continue to be the thrust of the lithium market's growth. That is just my opinion and that is why I decided to check into MMTE.
Funny how you people still dont believe in mmte keep coming back to check on us... Mmte
Funny how you people still believe in MMTE!
Hmmmm, same as a few posters here have predicted PR release's over the last few months. THEY WERE ALL WRONG! Now, no one can make statements like this unless they know the facts of what is going on behind public closed doors!
So the only people know are WL, and the company and people he is doing deals with!
IMO ..........Stay tuned, because the might Mammoth Energy is coming to a city near you!
Hey listen! If it's coming or not coming KNOW ONE KNOWS!
I agree on both counts. I understand that just like taking cash out of an ATM, the fee bites you greater for a $20 withdraw rather than $100. As for patience, I bought into MMTE after reading here in this forum and I do hope that in the long haul MMTE will rise to the company it could become. I plan to continue to buy more MMTE, not just pop and run.
MMTE chart:
"RSI is considered overbought when above 70 and oversold when below 30. Signals can also be generated by looking for divergences, failure swings and centerline crossovers. RSI can also be used to identify the general trend."
"Williams %R oscillates from 0 to -100. Readings from 0 to -20 are considered overbought. Readings from -80 to -100 are considered oversold. Unsurprisingly, signals derived from the Stochastic Oscillator are also applicable to Williams %R."
Accum/Dist still moving forward...
No it won't. Sorry. MMTE.
Reverse split is imminent!! It will happen.
Good afternoon from New Jersey, U.S.A.
What do I like about this company? LITHIUM!
Lithium is the hot metal for the future. Long lasting high voltage batteries will be requires for electric cars to increase milage. Cross over cars using gas and batteries are now in use and with the improvement in technology we will rely less on gas as distance is increased along with battery life. Lithium also has a medical use and lets hope none of us needs to use it that way.
Thats the good part and now the downside. The structure of the company leads one to believe a reverse split is going to happen, no matter who denies it the structure says it all. The O/S shares between 200,000,000 and 500,000,000 would be more appealing. It would seem a merger or some sort of a joint venture is also in the cards since this is more of a holding company then a driller. That means splitting of profits but necessary because half is better then none.
I will be monitoring the progress of the company and will buy in when I am satisfied with the direction its going. Good luck to all, Jerseyfish.
Isnt some those small reds trades could be inexperence peeps that sell on tge market they will get the cheapest price... From experence in the past for me if I wanted out I just sold on the market but I have learned to always put in a high bid to sell or if I really want to buy I always go higher and not wait.. Mms really manipulate the price in there way of covering... Holding for good news... Mmte
Sorry but paying an $4-8 commission on $40 bucks isn't very smart. It is more likely just the opposite of a paint.
But in relaity who readlly cares. The real facts are until we get news in a solid PR we are going latteral. Bobbing like a cork in the water waiting. Catching the big one require patience
We need this company to come merge
with us! They merged with L1 and
are looking for more. Could be the one.
Galaxy has spent the last 18 months searching the world for a high quality,
undeveloped lithium brine deposit and we believe Lithium One's Sal de Vida
lithium-potash project in Argentina fits that criterion. The Sal de Vida brine
chemistry is highly favourable, with high levels of lithium and potash and low
levels of magnesium and sulphate impurities.
Galaxy will require more lithium resources over the next few years and the Sal
de Vida project, along with the James Bay project, will significantly add to our
existing Australian resource base at Mt Cattlin and give us sufficient resources
to continue to grow the lithium business and drive the long-term value of the
company.
Nerves I'll pray for your Sister In law.... Take care bro
something I like about these T trades.
they went thru during trading hours but that MM didn't wish to downtick MMTE to 4.
or did they just fill these extra millions near the end to have a certain daily amount sold
in dollars?
even then they didn't tick it down...
bottom established???
Nerves, my prayers and thoughts are with your sister-in-law.. God Bless her.. $MMTE$
Without saying ... we all wish both of you the best...thoughts and prayers.
NervesOfSteel, I hope and pray your sister-in-law will find this battle behind her and her life anew, soon. Lets us all pray that some day soon we will find this health problem one of the past.
I agree and the going has been
tough here for long enough. Time
for some good news from WL.
We need it and deserve it. IMHO
Okoil, my thoughts and prayers are with you. We MMTE people are family and stick together when the going gets tough.
I wish you well too, all nonsense aside! Go mmte
Okoil... Granted your color selection can give me a headache at times, I truly wish you the very best. My sister-in-law is currently fighting as well. This is only money and really not as important as what you deal with. Remember what is important...its not mmte...its your health. Keep up the fight. Mmte aside, I wish u the best!!!
We are all pooling strong for you and MMTE. :)
yep, that's how it should play out best for us.
Thanks, doing good so far.
Hope your holding up OK...GLTY, You sound strong this is good.
WAS NOT MEEEEE ! : )
Who sold 10 million after the close ?
Yep, the radiation they give me is really making me flip and flop. 1 minute I hate MMTE and the next minute I like it..... talk about being confused !! !!!! lolol
okoil, think about what you just said. You are so right, hes got his own...LOL GO MMTE
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Medical product development and commercialization. The Company recently acquired five generic oncology drugs approved and manufactured in Germany and they plan to gain approval for these drugs in the US in 2023. The Company is preparing for a pivotal Phase 3 study of an anti-cancer antibody product that is highly similar to Genentech/Roche's brand name Avastin (bevacizumab), the Company has licensed a needle-free jet injector for drug delivery, and the Company is in the pre-clinical stages of development of a gene therapy product candidate based on the delivery of a human alpha-Klotho gene and protein to prevent and/or treat neurodegenerative diseases such as Alzheimer's and Lou Gehrig's disease (ALS). Other product candidates will stem from these platform technologies of pharmaceuticals, biologics, and gene therapy.
The Company's medical R&D facilities are in the U.S. (near the University of Nebraska Medical Center, Omaha, Nebraska) and in Barcelona, Spain (Autonomous Universitat de Barcelona). Each R&D facility is comprised of over 4,000 sq ft of R&D and office space, currently leased and equipped with research equipment, incubators, tissue culture facilities for production of plasmid DNA, HEPA-filtered hoods for aseptic handling, and testing equipment (PCR, spectrophotometers, microscopes, etc). The generic oncology drugs are manufactured in Germany. With future funding, the Company plans to acquire or build a GMP manufacturing facility to supply novel plasmid DNA ("transgenes") to be used in gene therapy programs, to provide contract manufacturing revenue, and for commercial product manufacturing.
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