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And I just would also like to say THANK YOU!!!! Your posts are very informative and much appreciated.
I suggest people buy, or at least hold, while they can.
Yes, it could vary. But why such a high upper limit? I believe that this is because of some very large purchase orders, but this is only speculation. I will be waiting for the next quarterly report, as will you, and then I think we will have a clearer picture about where things are headed. 2 months ago, I said that this would be over a dollar by the summer of next year. I still believe that.
Some very notable traders have already come and gone from this board (where is Moneymaker now?), and this is a good thing. The price per share is actually reflective of their current market value and isn't some overinflated share price for flippers. Things are going well.
I think that the securing of up to $750,000 in a credit line toward purchase orders is a key, and much overlooked fact here. Why would this be important if they weren't anticipating, or didn't already have, some very large purchase orders.
Agreed. There's more to MOP than meets the eye. Big things are coming.
Some very suspicious million+ share sells today.
The numbers speak for themselves...
1008 acres X $30,000 per acre equals $30.24 Million.
49% of that equals $14,817,600.
If the current market share is 3.6 million, our PPS should be 4 times what it is right now.
This is way undervalued.
If the company didn't care about the PPS, they wouldn't have released an updated financial statement.
The last time we went this low, the initial BP PR hit and we were over thirty within the next week. Patience guys. This is a real company, a real product, and not a "pump and dump" scam. This is also a great opportunity to buy.
It's fairly obvious that the major markets are all well aware that this is going to make many a share holder quite a bit of money, so, and in my opinion, they are waiting to take their cut too. This is poised for huge gains, and although it is not happening today I believe it will by the end of August. Chile is just the beginning.
Now over 44 million!
Already over 30 million in volume. Nice.
I've always felt that this was a long term hold, and I still feel that way. There's too much in the works to let this one go, but it will take time for things to fully develop. Financial updates are a great first step, and an eventual upgrade to OTC status should be a short term goal for the next fiscal year. We have a company in Canada that will start out soon, and MOP will own 49% of that as well. Let's also not forget the 2 factories in the U.S. that are/will be utilized to increase production. All of these things combined with an unbeatable product equals true success. The upcoming months should be a blast, and until then, at least we've weeded out the flippers.
And let's not forget that this is all at the current price of lithium...now let's see in a year when the price of lithium is up another 4 to 5 percent.
Very true. This is just the first of many great things to come.
By my math, this should put us at 0.0056 per share.
$30,000 per acre X 1008 acres X 49% equals $14,817,600. Very nice.
I find the 1000 share sell at 14:37 quite amusing.
Let's continue the slow and steady climb back up. This is still extremely undervalued, and I'm glad to be still here and holding strong.
Still nothing...I hope poor business sense isn't running this company into the ground. Our top two people are an inventor and a politician. We need marketing and advertising. We need a businessman/woman with a business plan. The product should speak for itself, but it's not right now, so we need someone besides its shareholders to speak for it. This is shameful.
Any sort of advertising would be nice at this point. Anything. The only place I hear about MOP is on this board.
I'm not worried. Aside from some illegal dumping of shares by the former management team, the future of this company and its potential still remain the same.
It's been a shame to see this drop the way it has. I can only hope that Charles, Wayne, and the rest of the MOP Team are hard at work on something big. Otherwise, and unfortunately, no news is bad news for our price per share. We do need to advertise for the mainstream, and we do have an excellent opportunity to make a real difference not just for this clean up, but the future of all clean ups. We have no resistance and we have lost all support on the chart. I can only say that we all need to just hang in there and hold on to some hope that MOP doesn't fold under the pressure.
Things should recover nicely this week.
We should bounce back stronger than ever next week, so everyone enjoy a couple days off! Pennies by the end of the year, dollars at the end of the next.
This is not a stock to flip.
Everyone please read his 4th point carefully!!!
4. We are awaiting a few other results from Chile on some more concentration levels and I expect that in the up coming weeks that Mammoth will be moving in the direction that I have set out.
This has been a year long process for me and I will not let past management, shareholders or anyone else have a detrimental effect on where we are going.
I am planning to be in Chile in Mid - August for two weeks as well as looking at other projects not far away in Argentina.
These Chilean lithium concessions are just the beginning for MMTE.
Let's all also remember that nothing in Congress ever happens quickly. If a government grant/contract is in the works, that will take some time.
Myself and some others on this board suffered through a drastic drop to .06 after gigantic gains just one week prior. We stayed low for quite a while before we finally got the PR about the BP purchase order. Let's all just keep in mind that no one should be in this stock to even settle for selling at 30 or even forty cents a share. MOP is bigger than that. This is a long term play and not for the faint of heart. We'll see some PR when Wayne and Charles are ready, and until then, everyone should take this opportunity to buy in cheap and spread the word to those not invested with MOPN that this is still a great investment. Again, this is all just my own opinion, and having been in this for quite a long time now, I can say that this is not a penny stock but rather a dollar stock. Look for an update to a higher exchange next year.
This all certainly explains the drastic drop in the price per share, and I think that Lieberman has done a good job of taking a stand for all of us invested in Mammoth Energy. This should bounce back stronger than ever next week.
Just a couple weeks ago, people on this board were begging for any PR. Now we have it this week in droves, and it is touted as "fluff." Oh well.
That could be. Still, this is very sad.
With no dilution per Lieberman, it is fairly obvious that day traders are killing any momentum this stock tries to gather. This is very sad. MMTE has huge potential, is way undervalued, and long term could prove to have huge gains. Good luck everyone, but this won't be held down for long.
It certainly seems odd to me that anyone would be selling this stock, but I suppose not everyone may be intelligent enough to see just how much potential this has. We have an MOU for lithium concessions, chemical analysis showing very high concentrations of lithium within those concessions, and an analysis of the demand for lithium in the future. This is a no brainer. Couple all of this with a float that is much lower than what was previously assumed, and you have a real winner. Things will happen soon.
Why are they holding this back?!
We should be able to break that resistance today.
Very undervalued, but it won't be for long. PPS will continue to climb and form a great base. With the way PR's have been coming out, I don't think we'll see too many more flippers! This is huge and just the beginning for this great company.
Lobster for dinner! I know they say "don't fall in love with a stock," but I don't care; love is love.
Unfortunately, dedicated shareholders are starting to suffer as a result of a lack of communication. Anyone in long will be fine, but many are selling scared. Hopefully, we'll hear something, anything, soon to boost investor confidence; luckily, I'm in for the long haul.