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I pity the fools that be selling this stock! Me, I'm Buying More...
You have an infection in your rear?
Wow, did that happen in Thailand? After it clears up, you gonna bounce over and check on Mark, keep a ball-gag handy. TTLOL ^^
Is that bad or good?
Weak hands are because Mark could be lurking on social media with an enthusiasm dampener... Don't forget last 2 strong moves with met with a Mark Wall.
Trillions will be the next Marin Katusa...
Anyone know his name? He was a high school Calculus teacher that Mortgaged his house, took ALL the money and bought a few resource stocks in 2000 before the big bull run.
He made millions and clearly is no longer a high school teach with a small house.
Bank feas. is not the same as an NI 43-101. So they still need one (NI 43-101) for any material that they make public claims about and that they base the sale of securities on in the future based on the value of that resource "in the ground."
This only applies to a Canadian listed Company, so clearly they plan to list on the the Venture or TSX.
Preach it baby, I'm in the choir.
Holding tight to a 7 figure position, however, Mark has made me doubt myself and my holdings here more than anyone...
Don't plan on trading unless Mark flake's again, fool me once, you know...
Mark must be Twattin again...
Did he surface somewhere on Social Media or is it just healthy profit taking?
What gives here? Anyone have an opinion?
I own shares in another Synergy Custodian play (&THC) and here is an official Synergy Mgmt. update where he confirms he owns shares in ALL their custodian plays, it says, and I quote,
"Synergy/Benjamin Berry is a shareholder in each of the companies and wants nothing more than to see these new officers on each of the companies move quickly and communicate what they are doing with shareholders. "
Government money is Big Board Money!
Are you serious?
You will make $10's of millions of dollar$$ if the merger goes down per the August PR....
You'll almost, be a Trillionaire if it goes to $10 or $20.
Man, I hope you hit, if you do, let's meet in Vegas or something. The STHC millionaire club, poppin green '21....
just got hammered to grey sheets---be careful
WoWS, what are we talking about here in the way of "conspiracy theories?"
Slap a Divy on those shorts and Checkmate!
I bought 250K more when I read that one line and man was it worth it...
A DIVIDEND IS POSSIBLE TOO!
We will continue to look all options as the year progresses including possibly reducing more outstanding shares or whether a share buyback and or dividend makes more sense.
Herein lies the problem, Mark has not clarified and the only thing we are running on is "feelings" and speculation. His apologists have validated every reason why this is acceptable (Covid excuses, Protecting shareholders from SP price appreciation, P&Ders in the room, etc.)
One could infer the bear case (much less than previously promised on (August 12, 2020), or the bull case (what was promised), but it is all just a feeling....
Bull case is Ameca Group (Ameca Mining plus Schatzi) and Bear Case is one or some of the lesser business units (like Schatzi), that don't include Ameca Mining (Graphite). Does Mark's signature block in the PR provide any clues??
All unknowns, but I think we can agree that the recent PR provides enough pivot language that it is possible they may alter the August plan.
All that being said, value is still here, which is why I'm still here. But, based on PR, there is risk that Ameca/Mark's PR'ed plan from August (to roll the $4.4B resource into STHC) could change, AND without the graphite resource, future STHC has much less upside. IMO
Cross, what is the deal with the Integrity word you have mentioned much lately? I mean I'm with you, I'd like Mark to start having some, after his failed promises, weasel words and revisionist changes to previous market PRs in his recent Twats and word docs on google drive.
But you have been really hammering on this integrity deal, is it just because of the Schatzi website...
Integrity is the core value that binds the team together
SBA - Sooper Bullish Action!
Like I said in my PSA, dont trade hold and hold tight. 15s were bullshit, tried to buy 100K on the ask for 10 minutes, never executed.
There are no shares in size below here.
$MJLB. LFG!
PSA - Don't trade this thing in the near term, YOU WILL REGRET IT.
Take it from me, don't BE THAT Moron,
I was trading in and out while waiting for THIS run to happen. Thought I could time it and in one day, left $40K on the table. I bought it all back at $0.10, but have learned my lesson here, too dangerous to trade, unless you like leaving money behind. Right now for the next Q, this is a money train, so don't get off.
HOLD and HOLD tight for a while!
LFG! $MJLB
No Doubt.
And you ask everyone what is a reasonable expectation for some responses and updates to the weird PR and they tell you to go pound sand for questioning.
It's like a masochist club around here, and your only in if you love defending Mark and him being the Arbiter of the stock price.
Except for a few reasonable longtimers, that are reasoned and open to discuss these criticisms.
pastrych and crossball, thanks for the responses!
Take it from me, don't BE THAT Moron,
True story, I've been trading in and out while waiting for THIS to happend and traded my 600K position almost to 0.
Luckily, I was at least not too proud or stubborn and bought it all back yesterday, of course, I left like $40K on the table by missing some of the run. You guys can thank me partially for EOD move from $0.11 - $0.13 because I was just ask slappin away and there were no shares to find in that range.
SO PSA, HOLD and HOLD tight for a while!
LFG! $MJLB
Ok, how about this, since your questions are meant to be straw men or rhetorical...
When will you consider the stock a dud? In other, words how long do you give the timing on a PR follow up which explains, gives clarity, and re-defines some goal posted timing to the MLK PR before you would capitulate your support?
That press release will help in understanding the possible timing, going forward, and the milestones that will be needed to be achieved. As well it will give an understanding of the business units within the AMECA Group, which may be suitable candidates for an acquisition by Southcorp.
Some of us aren't so lucky as to have found this in dubs. I'm happy you are sitting on free shares with an outstanding entry.
And to be honest with you, I don't know that I would have purchased it prior to the Synergy custodian acquisition and RM target.
However, there a many many new investors in the singles that the objective is to have them remain long or near term holders; (or at least I would like to have stay around) so the stock doesn't crater back to a penny.
All of us shareholders need progress and new believers for the liquidity to sell at a profit.
Yes, I am aware of that, thanks.
Next time we have a run, I'll do that before Mark can put a out PR.
What a Dud this thing is.
The whole OTC market is on fire, and the only thing we have to talk about is the CEO who continually "needs" to crash our stock and some other Co. that may have some "hot take," but most likely its halt has nothing to do with us.
Does STHC or Ameca plan to list in Canda on TSX or other Canadian Exchange?
I didn't remember that in the plan.
TIA.
Hadn't quite rounded out my total position yet...
Any chance I can but sub 8s (7s or hopefully 6s) tomorrow??
Bolli's getting tight.
We are gonna move hard soon...
If you compare $MJLB chart to TS*P, it is behaving eerily similar. After initial breakout high at $0.35, TS*P fell ~70% and consolidated those gains for about 4 weeks, RSI was just below 50 before it started the current breakout. Now it has moved back and broke through the old high.
MJLB is behaving very similar -- $0.13 high, fell about 60% and has been consolidating here for about ~3 weeks. Look at VSTs awesome chart, RSI has dipped below 50. Chart spells breakout here soon (EOW or by mid-next week). So don't chase TS*Ps run and buy one READY TO RUN!
This thing is primed for a move to high double digits. IMO
LFG!
Holy crap everyone! I missed this (glossed over due to ELD paragraph) in today's PR....
"...working hard each day to provide value to our shareholder's wherever possible. We will continue to look all options as the year progresses including possibly reducing more outstanding shares or whether a share buyback and or dividend makes more sense."
Share buyback, Dividend? Let that sink in, a Divy from an OTC Co.! I'm adding more tomorrow. This CEO has delivered on every Big Board Style promise in the last 2Qs.
https://ih.advfn.com/stock-market/USOTC/ultrack-systems-pk-MJLB/stock-news/84226351/ultrack-systems-successfully-retires-an-initial-on
Well 2 reasons, 1)The PR that Mark released had contents which "could" be inferred that way and 2) the signoff on the PR.
From the PR:
"As well it will give an understanding of the business units within the AMECA Group, which may be suitable candidates for an acquisition by Southcorp. Mining is only one element of Ameca’s business."
Mark signed off on the PR as follows:
Southcorp Capital Contact:Mark Bolster,
Chief Executive Officer
Email: markb@schatziexploration.com
From the first part, Mark noted that the "AMECA Group" has many business units outside of Ameca Mining (Sri Lanka) and one could infer that we are getting more, the same or less than we originally thought.
More is Ameca Mining plus Schatzi and less is one or some of the lesser business units (like Schatzi), that don't include Ameca Mining (Graphite). Does Mark's signature block provide any clues??
All unknowns, but one could say that the PR provides enough pivot language that it is possible they may alter the August plan.
All that being said, value is still here, which is why I'm still here. But, based on PR, there is risk that Ameca/Mark's PR'ed plan from August (to roll the $4.4B resource into STHC) could change and without the graphite resource, future STHC has much less upside. IMO
Man, poignant post of the day.
Excellently put.
We have a lot of new faces on the board.
This is a great read as you get comfortable with increasing you investment...
https://www.streetinsider.com/dr/news.php?id=17672031&gfv=1
$MJLB is mentioned with transport and logistics behemoths that trade for $100s per share. Good read.
Looking at that beautiful chart, we are breaking out in the next few days or on Monday, so stay true! LFG!
The Schatzi website is cute. But, if we are getting that fluff with its "Exploration Futurists," "Digital Nomadic Culture," "Shadow Boards," and "Secret Exploration Teams" RM'ed here rather than Ameca mining with the tangible $4.4B in resource, I don't think the end result will be very pleasing.
IMO...
As far as samples for the collection NI 43-101 for $STHC / Ameca. They must be collected on-site by the independent 3rd party mining consulting firm approved by governing body in Canada.
Interesting story since we have nothing else to discuss, you should read up on the story, it is full of mystery and intrigue....
The largest mining fraud in history was Bre-X a Gold miner in Indonesia. The claim was they had like 200MM Oz of gold. Bre-X had an independent consulting company that was assessing the Gold resource. Some of the consultants were in on the Fraud, but basically they were "salting" the samples on site to juice up the Gold content. They were so brazen that some of their salting was simply done by scraping gold jewelry flakes and shavings off into the samples. They would then ship these faked samples to the consultants in Canada.
A bunch of Canadian Pension funds were invested in Bre-X and lost everything so of course some one in Gov. had to do "something." The 43-101 intent was to save the world from fraud and re-assure investors.
Of course you can fill in the rest of the blanks, but check this part of the story out, the intrigue (From Wikipedia);
The fraud began to unravel rapidly on March 19, 1997, when Filipino Bre-X geologist Michael de Guzman reportedly committed suicide by jumping from a helicopter in Indonesia.[11][12] A body was found four days later in the jungle, missing the hands and feet, and with the penis "surgically removed".[13] In addition, the body was reportedly mostly eaten by animals and was only identified from molars and a thumbprint.[14] (According to journalist John McBeth, a body had gone missing from the morgue of the town from which the helicopter flew. The remains of "de Guzman" were found only 400 metres from a logging road. No one saw the body except another Filipino geologist who claimed it was de Guzman. And one of the five women who considered themselves his wife was receiving monetary payments from somebody long after the supposed death of de Guzman.[13]) A week later, on March 26, 1997, the American firm Freeport-McMoRan, a prospective partner in developing Busang, announced that its own due-diligence core samples, led by Australian geologist Colin Jones, showed "insignificant amounts of gold".[15] A frenzied sell-off of shares ensued and Suharto postponed signing the mining deal. Bre-X demanded more reviews and commissioned a review of the test drilling. Results were not favorable to them, and on April 1, 1997, Bre-X refused to comment. Canadian gold analyst Egizio Bianchini, of BMO Nesbitt Burns, considered the rumors "preposterous".[16] A third-party independent company, Strathcona Minerals, was brought in to make its own analysis. They published their results on May 4, 1997: the Busang ore samples had been salted with gold dust.[17] The lab's tests showed that gold in one hole had been shaved off gold jewelry though it has never been proved at what stage this gold had been added to those samples. This gold also occurs in quantities that do not support the actual original assays. Trading in Bre-X was soon suspended on the TSE and NASDAQ, and the company filed for bankruptcy protection.[18]
...people just didn't like it because it took the hype/momo ability away.
Disappointingly, I think it will be a minimum of likely 2 Quarters and at the rate Mark races his snails, >~1 year.
I own a lot of mining companies and the ones owned or run by Sprott Inc (Eric Sprott) seem to be the most on the ball. I have seen several that are done really expeditiously (1-2 months), ones that go well take 3-6months. And even some that went ok take over 1 year (since they had issues or found a lot more resource than previously assumed). This was in non-Covid days.
For example, Minera Tres Valles (MTV) received funding and announced plans to engage with Mining Consultants in Oct. 2017. They planned to have the 43-101 out by Q1 2018, but did not have the first pass complete in April (Q2) 2018, with the final update to the report in Dec. (Q4) 2018.
They are way less complicated if it is 1 metal with simple geology, but way more complicated when you are trying to asses the value of multiple and disparate elements (Ameca case - REs, PGMs, Gold, Graphite).
Not saying he isn't nice or anything, but it is one thing to say you will do something another to actually do it. He has been involved with a crap ton of shells and have yet to see one where he actually got current himself