Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well, were you incorrect in saying ...."I got into this stock because of the asymmetric return profile."? That answer is a solid "no". If individuals fail to look at true numbers....what can you do?
The numbers are very good considering China's imports. I don't get the lack of interest....but......that's how it goes..
Wow!...USD7000 so far tonight. Amazing Dollar volume..eh? That's a joke....of course.
The Company updated their website........maybe they could put out some news.....just for the hell of it'........eh?
?...no....it went up 15 points in two days....dropped 3.5 points yesterday....and is up 1.75 points today. The past two days have been less volume(ha! today about nil ). With regards to shorting..it would cost way too much to short this ... as such....it doesn't happen.
You were a little early there..eh? I get it though.
Happy birthday Siddhartha Gautama!
Starting to push twenty points!!! Currently a rough 17 points marked.
No news ... just buying on the low.
Yippy' ti' yi' yo'............!!!!
A "stop sign" is just an OTC market designation. It has nothing to do with SEC regulations. This Company filed a Form 15 in order to "not" be bound by filing requirements. They are still bound by non disclosure requirements and SEC rules et al. Yes...a Company can still put forth news....but must be diligent as such.
It's still a public Company, therefor it must be bound by said rules.
......!and were back..... :)
Were you able to find out if that import information(vague) was correct?
A rough 3 full weeks of nil to little volume on this. Volatility begets volatility....yin yang.....alpha omega.....blah, blah,blah.
This should change soon...thinking it's "way" to the upside...........but, then again.... maybe to the down...:) I'm in no matter what though.
Those import numbers via Steelorbis can't be correct........no way. Should find out the truth with regards to coking coal soon.
Now I am really kicking myself for not paying attention. This is simple math:
...and...:
"However, the robust outcome in March went only some way to reversing the weaker trend so far this year. Imports for the first quarter as a whole totalled 12.05 million tonnes, a drop of 28 percent on the same period last year. "
ref: https://www.reuters.com/article/column-russell-coal-coking/column-chinas-coking-coal-imports-are-starting-to-rebound-russell-idUSL3N1S32KK
As such, MMC outperformed(up for debate) the short term. If Chinese imports were down 28% from previous....and MMC's "sales" were down 19% from previous..............then the Company was on par or better given the market. How the hell didn't I see that earlier?????
You know.......just going by imports and MMC numbers for first quarter...it would be a rough 650...which would be double the first quarter. Can't be.....just no way. Then again... :)
I don't know. They opened up that other gate mid April....and I am also reading that May will be a another major import dam buster:
https://usa.amegroup.com/Website/CommodityFocusDetail.aspx?faCommId=7
We need to verify that data/information. With regards to MMC...I haven't ran numbers in many Months(I forget the percentage I used). I was always a bit tempered.....so I would have to go back and review past notes.
From SteelOrbis...dated may 4th.....https://www.steelorbis.com/steel-news/latest-news/chinas-coking-coal-imports-up-525-percent-in-january_april-986901.htm
!It appears that April's coking coal imports to China "may have" surged dramatically. Hint:
Imports of coking coal, used to make steel, jumped to 4.02 million tonnes in March, up 38 percent from the 2.91 million tonnes recorded in February, according to customs data released on April 24.
However, the robust outcome in March went only some way to reversing the weaker trend so far this year. Imports for the first quarter as a whole totalled 12.05 million tonnes, a drop of 28 percent on the same period last year.
https://www.reuters.com/article/column-russell-coal-coking/column-chinas-coking-coal-imports-are-starting-to-rebound-russell-idUSL3N1S32KK
Did they import 13 million tons in April? Because I read that it has imported a rough 25 million tons from January til April. That would be more than 5 million more than previous April. That can't be...eh?
Well....I already bought it Months ago and sold it. That would make sense...eh?
??..what? That's complete nonsense....but I get it...you are being light hearten and giddy. You're trippn' .. as such....here ya' go:
Maybe Hong Kong is finally seeing what I see..........it's early though...:)
Remember this:
With its own advantages and quality services, the company and Mongolia ENERGYRESOURCES LLC, OYU TOLGOI LLC, KAZ MINERALS, SUMITOMO, Zijin Copper, Central Plains Gold,Yunnan Copper,Jiangxi Copper,Shanghai Construction EngineeringDomestic and foreign companies have established good business relations through cooperation all the year round.
More than 20 days ago, Jiayou International once again reported good news. The company has signed a tripartite agreement with Shenhua Inner Mongolia Coal Coking Co., Ltd. and Mongolian Mining Corporation (MMC). In the next five years, the company will supply 3 million tons of main coking coal and 1 million tons of 1/3 tons of coal annually as a cross-border supply chain service provider. Coking coal products, this cooperation can predict the high-speed development trend of Jiayou International will be effectively guaranteed.
http://westdollar.com/sbdm/finance/news/1349,20180428865076087.html
.....and this..:
Ulaanbaatar /MONTSAME/ Erdenes Mongol LLC reports that Chinese side has added entrance lanes starting from April 16, enabling coal trucks to cross the Gants mod border checkpoint through three gates.
Previously, 1-2 lanes were operational and as a result of Prime Minister’s visit to China last week, Chinese part is taking measure to intensify coal transportation. The three gates allow 1100 vehicles to cross the border daily.
When the Prime Minister worked in the border checkpoint on April 13, there was 22 km long queue of coal trucks there.
150 trucks of border trade, 200 trucks of copper concentrate (Oyu Tolgoi LLC) and almost 120 trucks of coal cross the Gashuunsukhait and Gantsmod border checkpoints a day. Total of 138 thousand passengers, 18 thousand vehicles crossed the border in the first quarter of this year.
Improvement of entrance capacity of the checkpoint will bring positive influence to income of coal exporters such as Erdenes Tavan Tolgoi, Energy Resources, Tavan Tolgoi and their partner transportation companies.
....compound that with this...:
Biggest Miner Says China's Shift to Quality Iron Ore Will Hold
By David Stringer
and David Ingles
May 7, 2018, 2:48 AM EDT
https://www.bloomberg.com/news/articles/2018-05-07/biggest-miner-says-china-s-shift-to-quality-iron-ore-will-hold
....and now see why ETT wants to possibly use MMC's washing plant. They need it....but it may be too late.
I get where you guys are coming from..but I really think you are missing what is happening. I am continuing to pick up trace amounts below two cents on the ADR(as to protect my average)....and though it is hard........it's worth it.
Not sure what State, Republic..or Commonwealth you reside in, but......
I would say time is up on that unless you refiled(per se) said Judgement. Yes...the Judgement is intact.......but enforcing such is impossible.
Yes....and yes. There will be news.........let it fall hard and play such accordingly.
It takes on average...a rough three years. The percentage of Patent applications that end up becoming patents is a rough 50%.
https://www.uspto.gov/web/offices/ac/ido/oeip/taf/us_stat.htm
Always be ahead of the game...because if.. "the fools rush in"....you make the bank. I always played this one as a merger. Still waiting on that, but I am not complaining about the bank due to euphoria followers(false positive).
They got it wrong for now....way wrong.
By the way....did you see Judo boy's response to this:
President Battulga meets leaders of 'Erdenes Tavan Tolgoi' JSC
"The company held a shareholders’ meeting on April 27th of 2018 and decided against distributing dividends. However, it has been estimated that MNT 3,000 would be distributed to each citizen that holds the company’s share. As per the calculation, several alternatives have been formulated"
His reply...:
After the presentation, President Battulga said: “The locally owned company known as ‘small Tavan Tolgoi’ has distributed profit of MNT 90.0 billion. Meanwhile, regardless of its performance that resulted in MNT 461.1 billion after taxes, Erdenes Tavan Tolgoi is being negligent when it comes to distribution of profit. I understand that you have considered an option of giving away dividends, but the amount totals to MNT 3,000 per shareholder. This would not appropriate. Therefore I am putting forward an alternative."
“Today, ordinary citizens possess 14.6 percent of all shares. The percentage must be increased to 100 percent. A draft law is going to be submitted to the parliament on this issue. If adopted, the law will enable distribution of profits of not MNT 3,000, but MNT 300,000 and more. If the Parliament resolves to distribute shares to 100 percent of citizens, the mission of zeroing people’s debts, which mission was tasked to me upon my nomination to the Presidential election, would become possible through several years of profit distribution. It would also be a harmonious implementation of 6.1. of the Constitution, which provides that natural resources are the property of the people,” highlighted the President.
http://www.montsame.mn/en/read/14887
Fn' idiot! Glad he has no "true" power. That would be sad.
I honestly do not understand stripping ..as such...is it the quality and or terrain et al? That is why I am wondering if they are working the other deposit more currently.
I get it...you dig up the dirt and pull out the coal....it's easy. More coal than clay equals better ratio... just wondering.
I know....I just don't trust everything I read because things get lost in translation. Even if it's in the same language. Reporting accurate facts have become something that is lost.
To be honest...I just do not understand the stripping ratio. For review:
It has been decreasing......so is it because the Company is utilizing Baruun Naran more....or is it still idle......?......or what?
I say it is a given that the border has proven to be the biggest pain in the ass. The above images prove such in my opinion.
Yeah...but it makes sense. It's all about the border...and has been for the last six Months. I didn't realize that it was still a "major" problem in the beginning of April.
But..I am building here... due to the recent change at the border...and among other things....this:
G.Battsengel:
“It needs to consider accurately if it is right to have a sole export gateway in the country. Present slow circulation of coal transportation at border checkpoint triggers increased cost of the supply, selling a ton of coal at around USD60. Last year, a sales income rose by 4-fold, reaching USD476 million. The company exported 4.4 million tons of concentrated coal, but utilizes just half of its full industrial capacity. If trucks jam at Gashuunsukhait border checkpoint is resolved and coal transportation resumes running normal, the company is able to double its operation. There are ready buyers, even beyond the border,” said G.Battsengel.
http://montsame.mn/en/read/14591
China imports rebounded in March...and given the recent addition of another gate and the deal MMC made....I feel this is the time.
Again....where is the damn! rail...eh?
Come on HK...drive that puppy down for me tonight!
Started coming back in today on the ADR.....going to take forever apparently. Hooked a whopping USD800 @ two cents.
Ha!
No....your link provides the accurate information. It's right in front of you.
!It is not a "Patent" ... BRK et al Isee Auto.. never owned a "Patent"... and still doesn't.
There is no "Patent"....so the argument is moot.
Regarding your private message.....most... if not all that I have been reading over there is complete crap. Banking money though is a wonderful thing ..eh?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136844298
I know the stink going back to that Melisa chick(go fund me account trying to sell shares..blah..blah)...or what ever her name is...so ...
Keasberry is just a normal guy that in the past got pulled into another CEO role in another company that got grayed. Let's say he was used as a pawn. Dan is apparently fixing this mess....but get one thing straight. When you respond to a Patent dispute and do not bother to show up for said Patent dispute.......you have no concern for said Patent. I have no idea what is currently transpiring...but some old cats/shares et al need to be put to pasture.
Yes...the Company is dark though(non reporting).... so those notes can not be converted into shares at this time. One holder sued and a "no show" resulted in a default...:
https://www.pacermonitor.com/public/case/23057400/Auctus_Fund,_LLC_v_BRK,_Inc
Consider that the restructuring that the current CEO suggested per others.