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JV/merger time will tell the truth. Imo
I agree Raptor, we just need to keep up the buying pressure. Go MMTE GO
Only 4.4 million on the ask, what are the mm up to
This is exactly what we need, thanks for the article. It sure would be nice to have our turkeys stuff with some green cash
The cat is out of bag, the longs have given everyone the DD they need.
The longs have always stated the party is just begining, get the cheapies while you can.
DiiDii, the peeps just need to do some homework and see what the concessions we have and what its worth. Do I hear people knocking on William's door to get in.
I think the statement on the bottom of your post is the best statement of all
Merger/buyout/jv
Phrozt, its all about the MM's covering their shorts. It feels like someone is trying to help them HMMMMMMMMMM
Looks like the 6's are thin
This is mm's at their best, very clear on what they are trying to do. Their day will come very shortly
5's are just about gone
The bid sitters need to wake up before they miss the boat on this one
5 are going fast, see ya 5's
MMTE is #15 on the most read board, a lot of eyes on MMTE now. I think we will we have a great day tomorrow. IMO
We haven't even touch the following PR yet, but when we do look out!! Everything William said in a PR has been accomplished so far.
NEW YORK, NY, Aug 23, 2010 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that the new Lithium ETF, sponsored by Global X, already a fast-growing exchange traded fund (ETF) provider, has made its biggest impression on the market yet by offering a lithium ETF. It's the first product that gives investors a way to get exposure to this rare but increasingly popular metal.
The fund itself is about evenly split between lithium producers and battery producers, with the heaviest weights given to the lithium industry's largest producers, who make up 44% of the fund's assets. The United States is the largest country weighting at 49%. Chile, the world's largest producer of lithium, is 20% of the fund. Japan, Canada, France and Australia all have smaller weightings.
"We expect Global X and the ETF Lithium fund to take serious notice as the development of the Salar de Maricunga moves forward," said William Lieberman, President of Mammoth Energy Group.
Here comes the volume. Go Mmte go
Nice job drews, welcome to the club
Fronk, I think you are correct, next week might be the start of the party we have all been waiting for. I think the party will be continous till the New Years. IMO
We will see who the smart investors are and who are not, stay tuned imo
The first thing I will buy when MMTE blossoms is a new Toyota FJ, I had a dumb as* moment of trying to drive thru a swollen river with my family and totaled it DUHHHHHHHHHHHHHH! LOL
LOL, If it gets that low then I'm a real lawyer from Utah Go MMTE
Green Friday, 10Q should be out early next week IMO
Thanks for the cheapies, added more to my lithium pot of gold
The mm's are having fun with Mmte today, you know they are sitting back laughing at all of the posts. Their day will come soon enough. Imo
I really dont believe that day will come ,sorry about that. MMTE will make believers out of a lot of people. IMO
I think tomorrow is going to be an interesting day, hopefully its the start of good times for MMTE IMO
We are #25 on the most read boards with over 24,000 hits. Hopefully we get some buying action tomorrow with all of this attention imo
Diidii didn't him and his crew get caught doing this once before to another stock
30 million dollars is a heck of a lot of money
I wonder if there is any connection?? IMO
Mammoth Energy Group Signs Financial Advisory Agreement With GR WHITE Capital Ltd of Canada
NEW YORK, NY, Aug 13, 2010 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today it has signed an advisory agreement with GR WHITE Capital Ltd. of Toronto, Ontario Canada to advise on the raising of up to $30 million for its lithium projects in Chile.
GR WHITE Capital Ltd. is led by Mr. Grant White, the former head of investment banking at Blackmont Capital in Toronto, Ontario Canada. GR WHITE Capital Ltd. is an advisory services company with a primary focus on natural resource companies worldwide including mining. At Blackmont, Mr. White was head of investment banking where his department was involved in over $1 billion of natural resource and mining transactions.
Mammoth Energy Group Inc. has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
"We are very pleased to be moving forward with Mr. White, his team is top notch and with his extensive track record, Mammoth Energy Group is moving in the right direction," said William Lieberman, President of Mammoth Energy Group.
Has anybody looked into the reason why all of the announced concessions have the name White in them. Just wondering
Great statement Johnny, as DiiDii posted people need to complete some DD and see who is surrounding the concessions we know we now have. One must also look at who is currently on MMTE board and the puzzle starts coming together.
Excellent and very true statement DrozdDawg, nice job
MMTE has hit bottom, buy now and get the cheapies while you can. Dont make the same mistake twice IMO
I think Raptor has been giving everyone the articles on this. Its only a matter of time before MMTE skyrockets up imo
I agree Raptor, good times ahead
Still accumulating shares at this great price.
Excellent article Raptor, just a matter of time. This is a great read for everyone to see where MMTE will be shortly