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PR leaves more answers to those that have done significant research.
okoil - I strongly encourage you to do some research. You will be pleasantly surprised at what you find. Do not wait on the company to spoon feed it to you (believe this is a line from Kgem).
If you knew what everyone else knows you would not be posting these negative comments. I can promise you that. Trust me there has been A LOT of crumbs dropped on this board, and some postings that probably tell a little too much information at this time...but point being, do some research please.
This has all been explained in the various postings since the 10K was released. I encourage you to go back and review those postings as there is a lot of information that would take a considerable amount of time to repost.
NITE 0.0025 50
ETMM 0.0025 50
UBSS 0.0025 50
BTIG 0.0025 50
DOMS 0.0021 50
HDSN 0.002 50
MERQ 0.002 50
BMIC 0.0017 50
VERT 0.001 50
FORT 0.0001 50
NITE 0.0027 50
ETMM 0.0028 50
BTIG 0.003 50
UBSS 0.003 50
DOMS 0.003 50
MERQ 0.0033 50
CSTI 0.0033 50
VFIN 0.0033 50
HDSN 0.0033 50
VERT 0.5039 25
0.0027 100000
0.0027 157530
0.0027 100000
0.0027 10000
0.0027 26000
0.0027 146470
0.0027 60000
0.0027 147000
0.0027 480000
0.0027 100000
MMTE new PR, increase land
Wait a minute - I honestly don't want to see a string of PRs like that other lithium group. A lot of those PRs are fluff PRs and I will still stand firm and say we will see them drop fast!
Some will say that MMTE has had some fluff PRs as well, maybe they have, maybe they could have been worded better but hindsight is always 20/20. Personally I only want to see a PR when it actually means something! I know others here will agree with that.
I believe we will soon be to the point that the other lithium group will compare themselves to MMTE! I believe it will happen and it is just a matter of time. MMTE is much stronger than the other group, MMTE has more lithium concentration, and MMTE has more acreage with more lithium concentration.
I agree - is there something we can do to get him reinstated.
LOL...absolutely - the specific mention of a company name is very important! That means this is a credible PR and the connections are there...no more assuming...this is it.
There is also a news alert that shows up on the ihub board, right above the stickies. I did not notice this until after I already psoted the news release but it is there.
Can you explain your theory? Or did you mean .013?
I must disagree:
1) we jumped from 1008 to 8645 acres
2) additional acquisitions across Chile and Argentina
3) The law firm is mentioned this time
4) Final transaction documents being completed
5) WL clearly states he is concerned about long's shares
6) 43-101 compliant lithium values of 1000mg/l
TBS - I sure did read your post from last night. Very well put might I add!
I presume from your comments that you have never worked in remote regions. Although that is not a bad thing (trust me) but to give you insight into this...power is provided via generators. Large generators, but they are still generators.
This certainly helps explain some of what happened yesterday!
Noooooo....it's 3500 Hectares or approximately 8645 acres
Mammoth Energy Group Inc. (PINK: MMTE), a lithium and alternative energy mining company, announced today that it intends to increase its investment and intends to acquire a total of 3500 Hectares or approximately 8645 acres in the Salar de Maricunga located near Copiapo, Chile.
"Once the Salar de Maricunga, our first acquisition, is completed we will focus on the roll out of additional acquisitions across Chile and Argentina that we have been working on for sometime," announced William Lieberman, President of Mammoth Energy Group.
The company is currently working with Philippi, Yrarrazaval, Pulido & Brunner, a leading Chilean mining firm who is completing the due diligence and the final transaction documents on this initial transaction.
Mr. Lieberman added, "Working overseas or in any foreign country can sometimes have its challenges and we have always been focused on building shareholder value over the long run and will continue to do so."
The acquisition, once completed, will have 43-101 compliant lithium values of 1000 mg/l. The Salar de Maricunga is a world class lithium asset with similar lithium values as the Salar de Atacama, which is currently mined by Sociedad Quimica y Minera S.A.
Confirmed - a new PR released at 0900
Information is generally found by in-depth research. Those who want to know get involved and actively research the various leads that are given. Several times these leads end up with connections that are not necessarily public but common sense. When you talk with Brian/WL certain questions can be asked based on your own research and if asked in an appropriate manner you can get an answer. The answer will likely not be straight forward but can lead to more in-depth research that will give you the answer.
Therefore the point of this is the following: to get from point A to point B may involve A-Y-W-C-D-V-U-B. Yes the information is public; however, it all has to be tied together to make sense of all the pieces.
Why should someone that has tied all this together give someone the answer? This is like the kid in school that never does homework and copies from everyone else!
Nope - not anymore - those prices are tremendously in the past. I'm not going to say we will not go lower than we are right now, but we will certainly not go that low!
I would like to add to this conversation again:
1) Flipper/Short term traders are an impatient bunch - this same group was growing impatient over the PR release (ok, fine, that's understandable)
2) Longs have called or spoke with WL/Brian and researched various aspects of the entire package - this is the same group that would invest long term in MMTE.
3) Some investors have went long with MMTE (ie restricted shares). Based on other postings there is a short time period involved.
4) Today we had a new MM in the mix - this now goes with what Phrozt has already posted.
So to summarize this - the short term morale was already dropping, we had a new MM that obviously manipulated today, some longs were selling their shares to fund the other side, and we end up with a lower PPS.
But didn't you already sell your shares of MMTE earlier this month? I can post it for you if you would like. Just curious.
Very true! Looked that up as well.
IMO it will be LIEG or M*TE; L*XG is severly overpriced in my opinion, it is an excessive PnD and the fall will be hard and fast...I just don't know when that will happen though.
It is possible that several people hold shares with a lot of different energy stocks and related investments.
Always do what is best for you and don't let anyone convince you otherwise.
Personally I would recommend calling Brian, doing in depth research and then making a decision based on what you have found. I also understand that it is your money and YOU must make that decision.
Very nice read in regards to pinky stocks.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=15686855
I agree there are a lot of coincidences but we will find out soon.
Brian has been contacted via phone and email but to my knowledge noone has heard back from him yet.
Short term - In order to hit the 200 day we would have to have another run of manipulation similar to today.
Long term - bad PR or no PR and nothing listed in the quarterly.
Excellent!
In regards to the connection - it has been speculated but nothing affirmative. The MMTE 10K noted the following major competitors: American Lithium Corp, Talison Minerals LTD, and Lithium One.
That is very appropriate considering you selected the one that deals with Overcash and his history.
Barchart lists as Sell:
2nd Resistance Point 0.0034
1st Resistance Point 0.0029
Last Price 0.0023
1st Support Level 0.0018
2nd Support Level 0.0012
Overall Average: 24% Sell
Price Support Pivot Point Resistance
0.0023 0.0012 0.0023 0.0034
Composite Indicators Signal
TrendSpotter Hold
Short Term Indicators
7 Day Average Directional Indicator Sell
10 - 8 Day Moving Average Hilo Channel Sell
20 Day Moving Average vs Price Sell
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Sell
Short Term Indicators Average: 60% Sell
20-Day Average Volume - 74,353,531
Medium Term Indicators
40 Day Commodity Channel Index Sell
50 Day Moving Average vs Price Sell
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 50% Sell
50-Day Average Volume - 86,931,867
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
First - I agree with Phrozt - it was manipulation and that is what we have seen today; shorts, people react, panic, sell off. Longs/believers will buy up as much as they can to continue on.
Second - I understand your point okoil in that it is likely pps will go down based on investor sentiment alone because people are growing more impatient and then you combine that with the lower pps and it compounds the problem. I fully understand!
This is a combination of things but none of it has to do with not getting land deals. The problem is just the opposite - we likely have a land deal; however, it cannot be announced as a piece, it has to be announced as the whole package. This has caused many investors to be too impatient and they have sold.
I enjoyed this post! Very true and I have said that quite a bit about a month ago when people were all caught up on that one word. As mentioned before, people should work with the government and learn there definition of various terms and then they will understand a little more.
Hey that's easy - Call Brian!
Info in iBox:
Phone Number: (917) 310-3229
E-mail Address: brian@mammothenergygroup.com
I agree but it is also something to keep in mind in the future. MERQ's new to our picture so we have a better idea when he shows up again.
Who said we wouldn't see low 20's? I believe we have seen that and then some.
I do if I had my laptop but I'm in the office and it's blocked. Where's Dolphin at? He posts them on a regular basis.
To add to that a little bit - we have essentially been told we have some land but it cannot be announced yet because it has to be done as a large package. Compare that to buying a house - you don't buy a piece at a time, you buy the whole thing with lot.
I completely agree based on percentages!
I also agree that the other lithium stock is tremendously overpriced. I must admit I am amazed by the highs and was wrong about it dropping (thought it would have happened by now!)
I still say the longs will hold for a while and will be rewarded with a viable lithium company with long term goals. I will also say that I hope the PRs contain concrete information and definitive statements rather than 'going to happen' 'almost there' statements.