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My personal opinion is there is too much going on with MMTE and there is no way I'm going to sell at this time! However, I also believe we will see a lot of selling tomorrow and possibly Monday. Assuming my additional transfers go through in time I will be buying Friday and Monday. I think there are too many people that believe news will be released tomorrow and when/if that does not happen they will sell.
In a way I hope they sell just so we can buy cheaper but time will tell. Regardless I will be buying and not selling.
I know the people on this board hold quite a few shares but I would be curious to know what percentage this board holds.
Absolutely - that is the same thing I thought when I read it. This along with everything else that has been mentioned recently should provide even more credibility to MMTE.
I wish everyone would just sit back and relax. Don't get too excited, enjoy the dips and get ready for a nice rise.
There is no promised PR.
It was definitely 'alerted' by hotstock - I started watching it yesterday because of that.
It was primarily made up on this board - people assumed PR was associated with the Annual Report.
If you are correct then it should happen on or after the 19th. Although anything is possible I don't believe it. I believe WL has more at stake than just the unrestricted shares.
Consider WL is young, has his entire life in front of him - anyone in their right mind would know that a scam like that will follow them the rest of their life and would destroy any chances of a decent future he would otherwise have.
EDIT - if WL were older, at the end of his career I could see this being more likely.
I wasn't trying to make that sound as an attack. Just I don't like the thought of eating ramen noodles because I have to - in college that was a meal of choice because it was cheap! But somehow we still managed to have beer money! lol
You are absolutely correct! I have said that previously as well. They had a very aggressive campaign and it has worked very well! I will be interested to see what their stock is in the coming weeks; considering its explosive rise, my opinion is it will fall very quickly as well but I don't know how low it will go.
Huh?
Volkayno Member Profile Volkayno Share Monday, April 11, 2011 11:36:51 PM
Re: None Tweet Post # of 54332
Ok! I'm confused now...What is due on 15 April and What is due on 15 May? I thought 15 April was the date we were all waiting for. Someone please clarify.
I prefer to think realistically with more positive than negative. On the positive note I prefer the thought of partying in the Bahamas with everyone!
You're right; however, there were things that happened last year and if the report is complete it should include information about capital increases, etc.
I think all of this is excellent information and it confirms what has been said in the PRs and other sources.
With all the various factors that have been established, all the information about MMTE, the website change, the addition of an IR person, the once again confirmation of the land deals not only in Chile but 'elsewhere' as well, it all goes to tell me once again that this is a real developing company.
This also goes along with what Kgem has stated all along. I guess the only difference is the ultimate goal to sell to another company.
But this also tells me that it is VERY unlikely we will see a PR before end of April and possibly longer. Especially if he wants to PR them all in a batch!
For MMTE - SUNR - Bid - .001; Ask - .01
Absolutely - there are so many positive things that can be said for WL and MMTE. There is a lot of proof that backs up every claim that WL has stated. The only exception is timeline - although he thinks something will happen in 2-3 months there are so many factors that come into play that can prevent that from happening. Unfortunately this creates panic in the shareholders, it's good for those that know it's just a timeline slip.
I agree to a point - there has been so much pressure put on WL/MMTE for a PR by April 15th; however, the only thing due on April 15th is the Annual Report for 2010.
Because of this pressure to get a PR I do agree there will be a massive sell off on the 15th and 18th. In addition, although we have went over this time and time again, MMTEs shares become unrestricted on April 19th.
So between the PR and restriction I feel pretty confident that we will see a drop between 15th and 18th. I do not have any TA to back this up. I believe the only shares that will not be sold are those individuals that are in it for the long haul and know WL has something good going on.
I noticed that too - but then again I've noticed that for some reason that goes down.
Mine I'm sure has to do with a few different aspects but one is likely the changes in policy regarding application permissions. I was using the ihub service.
A triangle? Highlighting a piece of land?
Also can't view my L2 either - could last week but not this week for some reason.
I'm in the same position as you.
I can - put it in perspective. Are you more open with people you have talked to before? Typically the answer is yes. If we have talked before then I will be more apt to explain things a little more.
In WLs case you have to think - he gets a few hundred emails a day, he is nice enough to scroll through and respond to many of them...he sees a name he recognizes and those are probably read first, responded to, then he goes on to the next. Once again, if he doesn't know you then chances are you will receive a short email. OR it could be something you wrote struck a thought and he expanded on it. OR it could be your email is unprofessional and he responds quickly to it.
Well Kgem did hint at things happening on multiple levels - so it is possible this is only one level of it.
Unfortunately this board does not have a large number of active participants so I'm not sure you'll get the answer you are expecting.
The better question would be if anyone on this board has any research relating LIEG to other companies - similar to what the folks have on the M*TE board. Possibly see if someone here is coming to the same or similar conclusions.
He said 500 every few days - I work in a government/engineering position and as such it is not uncommon to receive 200-300 messages a day and then you throw in at least one meeting each and every work day and things do get busy to say the least. I can certainly understand his dilemma in trying to get things accomplished. On the opposite side of the coin when I was in the private industry I would receive up to 100 emails a day but I was working day and night and weekends trying to get projects covered, reports finished, analysis complete, etc.
That other group announced posession of 100 percent of mineral rights to acreage as well as options on more acreage. Then you throw in the HUGE marketing blitz! Considering MMTE has higher concentrations just think! Take higher concentrations, continuous deals with land in other countries (similar to other group), add a HUGE marketing blitz and you never know where MMTE could end up!
Just keep in mind the massive PR campaign they are running too!
I think the problem is people are wanting things to happen a lot faster than they really will or can at this point. The insecurity and impatience of people leads them to further overanalyze each and every PR, email, message, etc.
With that being said, Kgem did clarify that my understanding is correct. I thought it was and I certainly appreciate his and your response.
You are correct Kgem did mention news before or on April 15th a few times in his messages; however, there was also the message that it would only be the financials.
I am a little confused in that it has been my understanding up to this point that we can ONLY expect the 2010 Annual Report and nothing else is set in stone. I thought it was just a hopeful thought that was created on this board that we may have news by the 15th.
I believe this is something Kgem can go in more detail about but I still belive we will only receive the financials on April 15th, nothing else.
I certainly don't blame you! I would certainly take advantage of all the low hanging fruit you can.
I'm just debating on if I want to buy more now or wait till the 15th (or 18th).
mspzoom/jkm1/afterhoursnyc - Now hold on a minute - there are a lot of ways of looking at this and I'm not going to slam anyone for their opinion/thoughts on this matter.
I agree the domain should have been switched over considering the situation with Overcash. It is something that provides ammunition for the skeptics of the company. In addition, if you were the CEO of a company wouldn't you want certain aspects to be listed with your name as opposed to someone that is labeled as a scam artist?
In terms of domain names - the default on many domain registrars is 2 years. Considering the price of a new domain 2 years is SUB-pennies in comparison to other fees. I personally have quite a few domains registered and although I intentionally registered them for a year, a multi-year would have been more convenient. I spend a few hundred a year just in registration fees of the various domains I own.
You can tell a lot just by researching something as basic as a domain name of the company. It can provide you a fair amount of information. It can also be another source of income - say a decent domain name has expired, there is a time limit involved, but you can go in and purchase the domain and then sell it to the person that 'wants' it for a finders fee.
Isn't Grant White also associated with another of WL's companies - FXPT? I seem to recall that from a PR that I read recently.
Just keep in mind that WL is once again CEO of F*PT. He resigned on 1 March and was reinstated on 8 March - I had a misunderstanding about that last week and someone here corrected me.
Has that been made official yet? Last I heard it was military personnel will be paid but likely not until the furlough is over.
I believe we will have to agree to disagree.
You are correct in that pennies move on rumor and hype. There is no argument from me on this one.
I agree that WL could have handled the situation better in terms of the PR and using 'imminent'; however, he has done pretty much everything he said he was going to do. I believe things happen that cause deadlines to be pushed. I have worked for private industries and for the government so I certainly understand deadlines from more than 2 different points of view.
He did issue a PR as he stated he would but again it could have been better worded. REgardless, he did what he said he was going to do.
I certainly agree with you - I work for the government and although I am exempt it does not mean I will get paid any time soon. Unless it changed today (and I have not heard) any positions that are mission critical and/or BRAC related are exempt.
Regardless - I hope they can come to an agreement!
LOL...just like the delay on passing the US budget! Everything is getting pushed off this year!!! Patience everyone, patience! Maybe Donald Trump will find out Obama is not American born, run for President, be elected, fix this country, and we will all be enjoying it because we stood behind Mammoth Energy and they made it big!
I completely agree - everyone will do what they think is best. A lot of people will sell MMTE between now and April 15th when they expect a PR; unfortunately they are mistaken because April 15th is only a dictated Annual Report date - nothing more.
Granted, there could be a PR any day - hopefully sooner than later but it could come at any time before or after April 15th. There is a ton of speculation on what the first PR will state but again nothing is a sure thing.
Personally, I continue to buy MMTE and based on what I know (and assume to be true) I will not sell any time soon. I think this is a long term investment and that is why I continue to buy. I am also cautious since this is a penny stock and I will continue to watch it daily and I will continue to read postings.
Because nothing is a sure thing!
Why April 15th? This is just the Annual nothing more.
If you're a skeptic you should be more concerned about April 19th.
Lithium Exploration Group has regulatory filings available on their website back to 2006! If it's as easy to get as clicking on a few links I think everyone should be on the same page here.