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Hello friends., a friendly reminder we have lots of eyes on us as we speak and will have more over the next days to come...
;)
Mammoth Energy Group Inc MMTE up 450% ytd.. otcpink
Hello,
I hold a very heavy position in MMTE., a Lithium Dev & Exploration company that has recently acquired 8600 acres in Chile, the Salar de Maricunga a very rich Li source and very dry desert (this is perfect condition for the evaporation pools once Li is extracted.) Our CEO is a young phenomenon who has had a vision for this company since being voted into office in 2009. William Lieberman has a strong mining background and long reaching arms. His history is available on www.mammothenergygroup.com.
The CEO plans to be 'the largest acquisition land holder by total acreage in Chile'. Original plan was for 31,000 acres and now it is believed to be in excess of that. His other interests are in Argentina and Bolivia. William has long standing relationships in S.A. and speaks fluent Spanish. He was voted into the company as a unscrupulous party was being removed. In the act of retiring said party's shares it became necessary for William to retire over 700M of his own shares which he and the secretary/treasure did. He has voluntarily reduced his shares to secure the future of the company. He draws no salary. Their has been no dilution, confirmed as recently as one week ago. The CEO continues to state no r/s. The CEO is intent on uplisting to AMEX. Longs believe there will be a merger and possible buyback. This is a crucial week in Mammoth's history. The land acquisition PR was announced May 26th and we have been told to expect several more PR's by end of June.
*The share structure is 5,000,000,000
*Additional 10,000,000,000 shares have been introduced as required by covenant designs.
*Lithium rich acreage in Chile is valued at 10,000.00 to 30,000.00 per acre. With 31,000 acres x 15,000(mid-line range)=465,000,000.
465,000,000 % 5,000,000,000 = .093
* With the current acreage of 8600 x 15,000.00 = 129,000,000 % 5,000,000,000 = .0258
Legal Counsel
One of the best Lawyers in Chile Philippi, Yrarrazaval, Pilido & Brunner
and
Law Office of Corey J. Brinson, LLC
Currently serves as member of Hartford City Council
2010 Attorney Brinson was a candidate for CT Secretary of State
We welcome new members on the board and please do not hesitate to ask any questions or address any comments you may have. We have a IR person at the company who returns all calls and is passionate about the company. Best Wishes to all.
Dii Dii
Mammoth Energy Group Inc MMTE up 450% ytd.. otcpink
Hello,
I hold a very heavy position in MMTE., a Lithium
Dev & Exploration company that has recently acquired 8600 acres
in Chile, the Salar de Maricunga a very rich Li source and very dry desert (this is perfect condition for the evaporation pools once Li is extracted.) Our CEO is a young phenomenon who has had a vision for this company since being voted into office in 2009.
William Lieberman has a strong mining background and long reaching arms. His history is available on www.mammothenergygroup.com.
The CEO plans to be 'the largest acquisition land holder by total acreage in Chile'. Original plan was for 31,000 acres and now it is believed to be in excess of that. His other interests are in Argentina and Bolivia. William has long standing relationships in S.A. and speaks fluent Spanish. He was voted into the company as a unscrupulous party was being removed. In the act of retiring said party's shares it became necessary for William to retire over 700M of his own shares which he and the secretary/treasure did. He has voluntarily reduced his shares to secure the future of the company. He draws no salary. Their has been no dilution, confirmed as recently as one week ago. The CEO continues to state no r/s. The CEO is intent on uplisting to AMEX. Longs believe there will be a merger and possible buyback. This is a crucial week in Mammoth's history. The land acquisition PR was announced May 26th and we have been told to expect several more PR's by end of June.
*The share structure is 5,000,000,000
*Additional 10,000,000,000 shares have been introduced as required by covenant designs.
*Lithium rich acreage in Chile is valued at 10,000.00 to 30,000.00 per acre. With 31,000 acres x 15,000(mid-line range)=465,000,000.
465,000,000 % 5,000,000,000 = .093
* With the current acreage of 8600 x 15,000.00 = 129,000,000 % 5,000,000,000 = .0258
Legal Counsel
One of the best Lawyers in Chile Philippi, Yrarrazaval, Pilido & Brunner
and
Law Office of Corey J. Brinson, LLC
Currently serves as member of Hartford City Council
2010 Attorney Brinson was a candidate for CT Secretary of State
We welcome new members on the board and please do not hesitate to ask any questions or address any comments you may have. We have a IR person at the company who returns all calls and is passionate about the company. Best Wishes to all.
Dii Dii
Mammoth Energy Group Inc MMTE up 450% ytd.. otcpink
...Hello., I hold a very heavy position in MMTE., a Lithium
Dev & Exploration company that has recently acquired 8600 acres
in Chile, the Salar de Maricunga a very rich Li source and very dry desert (this is perfect condition for the evaporation pools once Li is extracted.) Our CEO is a young phenomenon who has had a vision for this company since being voted into office in 2009. William Lieberman has a strong mining background and long reaching arms. His history is available on www.mammothenergygroup.com.
The CEO plans to be 'the largest acquisition land holder by total acreage in Chile'. Original plan was for 31,000 acres and now it is believed to be in excess of that. His other interests are in Argentina and Bolivia. William has long standing relationships in S.A. and speaks fluent Spanish. He was voted into the company as a unscrupulous party was being removed. In the act of retiring said party's shares it became necessary for William to retire over 700M of his own shares which he and the secretary/treasure did. He has voluntarily reduced his shares to secure the future of the company. He draws no salary. Their has been no dilution, confirmed as recently as one week ago. The CEO continues to state no r/s. The CEO is intent on uplisting to AMEX. Longs believe there will be a merger and possible buyback. This is a crucial week in Mammoth's history. The land acquisition PR was announced May 26th and we have been told to expect several more PR's by end of June.
*The share structure is 5,000,000,000
*Additional 10,000,000,000 shares have been introduced as required by covenant designs.
*Lithium rich acreage in Chile is valued at 10,000.00 to 30,000.00 per acre. With 31,000 acres x 15,000(mid-line range)=465,000,000.
465,000,000 % 5,000,000,000 = .093
* With the current acreage of 8600 x 15,000.00 = 129,000,000 % 5,000,000,000 = .0258
Legal Counsel
One of the best Lawyers in Chile Philippi, Yrarrazaval, Pilido & Brunner
and
Law Office of Corey J. Brinson, LLC
Currently serves as member of Hartford City Council
2010 Attorney Brinson was a candidate for CT Secretary of State
We welcome new members on the board and please do not hesitate to ask any questions or address any comments you may have. We have a IR person at the company who returns all calls and is passionate about the company. Best Wishes to all.
Dii Dii
Hi Junebug... my opinion and only my opinion, is uplist, merger, buyback. If you read between the lines on a PR we saw a company name mentioned before., we've never seen that before. I am only guessing - but that could be laying the groundwork for a realationship of some kind... the longer I'm here the more I realize every detail has been thought out long ago by this young CEO.
Also,
if you read the post earlier today regarding Williams' course of action for the future (soon after he was appointed president) he states the company's direction:
Page 11
new management has shifted the
principal business activities to identifying potentially profitable mining operations for the
purpose of taking operational consulting and investment positions.
Mammoth is currently engaged in negotiations with several owners, production and
operating companies regarding mining operations both in North and South America.
The Company is hopeful of success in these negotiations. Upon success, the Company
will expand its operations to the extraction of precious, semi-precious and common
elements.
B. Distribution methods of the products or services;
Mammoth Energy Group, Inc. relies on outside sources for distribution.
C. Status of any publicly announced new product or services;
None.
D. Competitive business conditions, the Issuer’s competitive position in the
industry, and the methods of competition;
There are several companies in the business of identifying potential profitable extraction
properties, but the size of potential markets is of such magnitude that management
feels the Company will not be adversely affected by competition
E. Sources and availability of raw materials and the names of principal suppliers
Once the Company identifies a property, determines the type of commodity, the
potential of its extraction and for services or financial interests, obtains royalty rights
from the owner for the extraction of the minerals or oil and gas, it relies upon third-party
operators to conduct the actual extraction. There are numerous operating companies
and the competition within that part of the industry, which provides the Company, not
only a wide selection of operators, but also competitive pricing
So true Rocky, William and Samir were elected to office by majority shareholder vote in May 2009. They have followed the path they have been charting for the company since that time to the letter.
In reading the companies AMENDED INITIAL COMPANY INFORMATION AND DISCLOSURE STATEMENT Dated February 12, 2010
Pursuant to Rule 15c2-11 I highlighted this date as Item C may no longer be a valid statement, being that the land was acquired recently.
Page 11
new management has shifted the
principal business activities to identifying potentially profitable mining operations for the
purpose of taking operational consulting and investment positions.
Mammoth is currently engaged in negotiations with several owners, production and
operating companies regarding mining operations both in North and South America.
The Company is hopeful of success in these negotiations. Upon success, the Company
will expand its operations to the extraction of precious, semi-precious and common
elements.
B. Distribution methods of the products or services;
Mammoth Energy Group, Inc. relies on outside sources for distribution.
C. Status of any publicly announced new product or services;
None.
D. Competitive business conditions, the Issuer’s competitive position in the
industry, and the methods of competition;
There are several companies in the business of identifying potential profitable extraction
properties, but the size of potential markets is of such magnitude that management
feels the Company will not be adversely affected by competition
E. Sources and availability of raw materials and the names of principal suppliers
Once the Company identifies a property, determines the type of commodity, the
potential of its extraction and for services or financial interests, obtains royalty rights
from the owner for the extraction of the minerals or oil and gas, it relies upon third-party
operators to conduct the actual extraction. There are numerous operating companies
and the competition within that part of the industry, which provides the Company, not
only a wide selection of operators, but also competitive pricing
.. there will be alot of new eyes on the board this week and days to come now with the land acquisition release, the new LOI for additional land and todays report from Global Equity. It would behoove us all to act in a civil manner. Unhappy posts and points are understood but I do not see the point of posting disingenuous statements over and over in a small block of time. It will only send a poor message to our new friends. If you are unhappy you have the power to release yourself from the pain. If you are impatient, that is part of the price you pay if you are firm in your DD and know what is in the making....
love this jmbar!
Thanks Drew., yes doing very good., espically after the good news here !!
With all due respect AMA ., to establish longevity and name recognition.. not the recognition that comes with paid PR without substance.... A stock like L*&^ running like it did has made it's name., it's now difficult to think of it as anything other than what the paid PR's did and didn't do for it...
Excellent post lithfan... we are setting up for a name... we will not be known as that 'you know what' company Mammoth... We are being groomed for "Mammoth., that Lithium Giant"... you won't see p&d near MMTE....
lol thanks bigpat ;) but it's William.. the man knows his $#*+ !!
William has chosen his Li sites wisely, look at a January 2011 posting in indmine.com by Daniella Desromeaux for SignumBox....
Chile has the largest lithium reserves in the world. According to the US Geological Survey, lithium reserves in the South American country total 7.5m. metric tonnes – 58% of the world’s known lithium reserves.
These reserves are mainly concentrated in the Salar de Atacama in the north of Chile. There isn´t an accurate estimation of the amount of resources in Chile because there is not enough information regarding lithium resources in the other salt lakes in the country.
The brines contained in the Salar de Atacama cover a surface of around 2,800km2 and contain deposits of potassium, lithium, sulphates and boron.
Lithium-brine deposits in the Salar de Atacama have the highest quality among Chile’s deposits. Lithium and potassium concentrations are significant, the magnesium-to-lithium ratio is low and the evaporation rate is one of the highest in the world – with the Atacama Desert being the driest desert in the world.
Besides the Salar de Atacama, the Chilean Geological Service (Sernageomin) has classified the other salars in Chile in three groups according to their potential in terms of lithium concentrations, extensions and lithium-to-potassium ratio.
The first group includes Maricunga, Pedernales, La Isla and Quisquiro Salars. These salars have lithium concentrations that range from 423 to 1,080 mg/l, cover an area of around 80-335km2 and have lithium-to-potassium ratio that ranges from 0.08 to 0.18.
The second group includes the following salars: Punta Negra, Aguas Calientes (Centre), Pajonales, Aguilar, Tara, Parinas and Pujsa. These salars have lithium concentrations between 220 and 620 mg/l, cover an area of around 18 to 250 km2; and have a ratio of lithium to potassium that ranges from 0.04 to 0.3.
Finally, the third group defined by Sernageomin includes the Aguas Calientes (North and South) and Talar Salars.
These salars present lithium concentrations that range from 205 to 290 mg/l, cover an area of around 15 to 27 km2 and have lithium to potassium ratio that ranges from 0.03 to 0.24.
You know it jmbar!!!
OH MY GOODNESS !!! [b]William you genius !!!
Good Morning Unflushable, We have had replies and confirmation regarding NO DILUTION from the company as recently as Wednesday, 5/25/11 via Post 65885 from Kgem., stating there is no dilution, as he spoke directly with the CEO William Lieberman. Investors are also encouraged to call and speak directly with the home office with any questions or concerns you may have.
Hi Toddius., I honestly do not know the additional number of the remainder of acquisitions he is working on... I do know this though.. he plans to be the largest land holder by total acreage in Chile..... so, a acquisition could be any measure of land - but we do know that a acre is 43560 square feet ... and MMTE will have the largest total acreage in Chile... wow. ;)
Thank you JKM! you bet... glad to be back., and to all our new members welcome !! In the event new folks do not know.. this is not a 'by chance happening'... this is a product by design... William has been planning this company's direction since he took control from Overcash... His direction has been to establish a strong foothold in the Lithium market., he has long standing connections in South America and has much mining and CEO experience. He also has global connections and this is by far not his first rodeo. Long and strong here.... Do your thing William., ready when you are. Dii
agreed buffalo., same here w Fidelity no issues ever.
Morning all ! The Salar de Maricunga is a total of 8300 hectacres (2.47 acres = 1 hectacre) for a total of 20,501 acres. William has just acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. To put this into perspective... William acquired almost half of the Salar de Maricunga... (half would have been 10,250 acres).. Things are going to get bananas over the next month. This is a extremely affordable stock for anyone., give it 4-5 days for all the media outlets to get word. Anyone that understands Li will understand what is about to happen here... load now peeps!!
...... A very heartfelt thank-you to all who have served, are serving, and have family friends serving as well...
Thank you X .. this is the information that is valid and fair as you took the time to speak to Brian and relayed information to the board. It's important to remember that the company did fulfill it's word that it would have the DD completed within two weeks. We received confirmation of same in the most recent PR. This is a fair and realistic timeline in my opinion as after the DD was done only then could contracts for any number of land parcels (this is not a one week operation friends.,)and details be drawn up, signed by both parties, recorded.. etc. I am encouraged by the forward movement., and although I understand the desire for the PR it is not going to happen until it is ready. My suggestion would be ., write down your questions, call Brian. After many years in customer service I learned that my customers heard what they wanted to hear and not what I said. For example "your technician will arrive between 8am and noon" the customer hears "my technicial will be here at 8am"... when I read the PR stating the DD will be done in two weeks that's exactly how I read it., the remaining portion of the PR states announce in 'days'. I have been here long enough to know that days means exactly that... days - no number. We now have a definitive timeline.. by end of quarter June 30. At any event enjoy the long weekend., don't get caught up in the 'days' spin and if your confident in your DD and newly confirmed info regarding 'dilution' then sit back and relax., if you are not - call Brian., if you are still not., then the choice is yours to sell as with any stock. Wish you all well.. Dii
no worries., in 09 he ran for state senate ., currently he is running for Hartford City Council.
www.coreybrinson.com
I agree Chroma., William gave it his blessing., yes I suppose any pinky can have a tee shirt., but we also have the Phillipi law firm, Corey Brinson, A PR saying DD is done... shares out for a covenant.. it's all painting a nice picture.
Hi all, have been watching and waiting patiently as you all are for 'the announcement' ... It is only a matter of time now... and I won't put a time frame on it.. how can you when you deal with RE transactions. But, what I do know is the DD has been kicked up a notch - with the lawyers in Chile completed their DD, then they had to of given the 'go ahead' as the recent PR stated the transactions completed.... We've had two recent letters from Attorney Corey Brinson (also running for state senate in CT) Both confirming Mammoths filings/fiscals. We know the announcement is soon.. Mammoth is now looking for name recognition (hence the Mammothwear)... and that looks to me like William will be taking this to the next level. I'm holding strong and adding when I can.. good luck to all MMTEr's ;)
Dii Dii
... So very happy to see us up today... I just want to thank all
the well wishers and my MMTE family for the prayers and support
today. I was truly moved to tears by all the kindness here. My
father did pass gently this afternoon, and my husband, mother,
brother, daughter, neice and I were with him. I never expected to
find such kind words but of course I should have known better.
... thank you all, more than words can say.... Dii
Thank you Junebug but you give me too much credit!! I don't think we'll hear anything about a merger or buyout right away but I could be wrong - Being the largest holder by total acreage in Chile that says HUGE things coming. I'd hate to speculate but my thinking is MMTE will sell its products to multiple partners for the different minerals it will have access to, Li, Potassium, Iodine, and possible others. Many variables in the mix., processing plants, Li storage facilities, battery manufacturing, potassium for fertilizer, etc, etc, I defer to Kgem and his multiple posts regarding endless possibilities and the importance of having a connection to China/Asia. The PR's to come should give us the general direction once we learn the names of who/if we are working with out of the gate.
Agreed Drews, realistic and fair expectation at this point is best.. we know things are happening, negotiations done, DD done,
transaction(s) finalized, now I presume legal documents completed before allowed by law firm(S) to announce. It will come and will be worth the wait imho!
MMTE TIMELINE
MMTE TIMELINE
7/09/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire 49% of Chilean Lithium Concessions at Salar de Maricunga
07/30/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
08/17/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Sep. 1, 2010 (Marketwire) --
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
Mammoth Energy Group to Initaite Chilean Subsidiary
Alternative Energy Mining Company Currently Under Negotiation With Seven Other Lithium Developments
11/18/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company with concessions located near Copiapo, Chile, announced today that it is in the process of creating a Chilean subsidiary to handle its lithium developments.
The company expects that this subsidiary will formalize its agreements imminently. The new company once finalized will be named LithiumInvestments S.A.
"This is the next step for us as we move into 2011 and as we begin to initiate the development of lithium," said William Lieberman
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Mammoth is currently under negotiation with seven other lithium developments whose total acreage may exceed 15,000 hectares.
Mammoth Energy Group Under Final Negotiations
Alternative Energy Mining Firm in Final Due Diligence in Chile
12/08/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it is in the final stages of negotiations for lithium concessions in Chile. The firm is currently working with its Chilean lawyers to finalize the formation of its Chilean subsidiary and in completing final due diligence on all properties under negotiation.
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Mammoth Chief Executive Officer William Lieberman stated, "It's been a long and tiring process over the last eight months, but 2011 will establish Mammoth Energy Group as a leading Lithium
miner with significant concessions finalized in Chile. We appreciate the patience and time that our shareholders have given us throughout the year. Terms of the deal will be announced in the immediate future."
03/11/11 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group (www.mammothenergygroup.com) has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
April 27, 2011 /PRNewswire/ -- 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.
May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
May 18, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it has completed its due diligence on its lithium acquisitions.
"We have finalized our transactions and expect to announce our first Chilean acquisition in the upcoming days," said William Lieberman, President of Mammoth Energy Group.
Morning Friends!! If I may share my thoughts on the "upcoming days" ... to me this is saying " ok now., DD is done.,( within the two weeks we pr'd it would take) we've finalized transactions., that must mean GO or they wouldn't need to announce Chilean
acquisition..." I am planning on giving a reasonable and fair amount of time., and I don't mean 3 days (would be nice ) but we should have realistic expectations as well. If DD was done this week they may still be waiting for an appointment with the lawyers (I'm just saying it's not a finger snap moment.) The company gave us something and now it would be to our benefit to give alittle back in support of a reasonable timeframe. We know it's coming, notice the second letter from Attorney Corey Brinson... somethins on the move here folks..
Well something happened today Junebug but it wern't me lol!! Truly, it's the home office of William, Brian, Samir, they have been at it many, many months - and we are only starting. Can't wait to see what's in store.. what a great day. And again thanks to all the encouragement, DD, time and effort from a long list of folks starting from Kgem - you should be commended Sir the way you hold this ship together when weathering the many storms that are the Mammoth - with your Due Diligence, sage advice and wisdom, Jackg, RvR, AMA, mspzoom, Phrozt, Rocco, Raptor,Cabroncita, Munz, jkm1, workin, Patience, Gorlock, Brad, Drew, Dolphin, Daytona, just too many too list buy we all know who you are., and those that don't post but stay on the team, sharing info and DD, charts, websites, it all matters.. glad to be amongst you all ;)
agreed jf., if we can stay away from the 'when/what time/why not' and just let it happen they will have nothing to feed on.. once the paranoia sets in we are chum for the sharks...
Words of Wisdom Patience.... agree my friend
And thanfully no timeline! It will happen when it happens!!
You bet Raptor - never forgotten!
you too Klonopin! glad you're aboard!
Thanks Jeff !!! I like that ANNOUNCEMENT 1 in the blue box!!!!
SMOKE SHOWIN PEOPLE ** THREE ALARMS ***
Hello all ! I've taken the liberty to add todays PR to our timeline. I'd also like to commend William, Brian, and Samir on the outstanding job you have done. Not only to keep us informed but to honor your commitments of this PR timeline. Sometimes we doubt when we are nervous., but in having spoken with you personally Brian I felt you where a man of your word., and again encourage any with the slightest hesitation to contact you. And to Kgem, just too many things to thank you for sir. Simply I wish to say thank-you. HAVE AT IT MMTE !!!
07/09/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire 49% of Chilean Lithium Concessions at Salar de Maricunga
07/30/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
08/17/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Sep. 1, 2010 (Marketwire) --
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
Mammoth Energy Group to Initaite Chilean Subsidiary
Alternative Energy Mining Company Currently Under Negotiation With Seven Other Lithium Developments
11/18/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company with concessions located near Copiapo, Chile, announced today that it is in the process of creating a Chilean subsidiary to handle its lithium developments.
The company expects that this subsidiary will formalize its agreements imminently. The new company once finalized will be named LithiumInvestments S.A.
"This is the next step for us as we move into 2011 and as we begin to initiate the development of lithium," said William Lieberman
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Mammoth is currently under negotiation with seven other lithium developments whose total acreage may exceed 15,000 hectares.
Mammoth Energy Group Under Final Negotiations
Alternative Energy Mining Firm in Final Due Diligence in Chile
12/08/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it is in the final stages of negotiations for lithium concessions in Chile. The firm is currently working with its Chilean lawyers to finalize the formation of its Chilean subsidiary and in completing final due diligence on all properties under negotiation.
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Mammoth Chief Executive Officer William Lieberman stated, "It's been a long and tiring process over the last eight months, but 2011 will establish Mammoth Energy Group as a leading Lithium
miner with significant concessions finalized in Chile. We appreciate the patience and time that our shareholders have given us throughout the year. Terms of the deal will be announced in the immediate future."
03/11/11 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group (www.mammothenergygroup.com) has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
NEW YORK, April 27, 2011 /PRNewswire/ -- 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.
NEW YORK, May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
Hello all ! In talking about time frames if some folks are discouraged I thought I'd put a 'timeline' together for us to keep things in perspective - as we are down to weeks now for our long awaited exciting news, it will be an eye opener to see all that's taken place. This is only relative to the land no financials etc. What has been accomplished by a very small team in 10 months is phenomenal. (I don't overlook that as in purchasing land here in central MA it took me and hubby almost 6 mos from beginning to end.) I say this because we focus too much on days and hours when we want our news (understandable) but also need to commend the work done in these past months and understand these things take time.
07/09/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Mammoth Energy Group to Acquire 49% of Chilean Lithium Concessions at Salar de Maricunga
07/30/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
08/17/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD.
Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga
Sep. 1, 2010 (Marketwire) --
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be finalizing our intentions with Salt Gold Inter Chile Limitada on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group.
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium.
"Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD," said William Lieberman.
Mammoth Energy Group to Initaite Chilean Subsidiary
Alternative Energy Mining Company Currently Under Negotiation With Seven Other Lithium Developments
11/18/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company with concessions located near Copiapo, Chile, announced today that it is in the process of creating a Chilean subsidiary to handle its lithium developments.
The company expects that this subsidiary will formalize its agreements imminently. The new company once finalized will be named LithiumInvestments S.A.
"This is the next step for us as we move into 2011 and as we begin to initiate the development of lithium," said William Lieberman
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Mammoth is currently under negotiation with seven other lithium developments whose total acreage may exceed 15,000 hectares.
Mammoth Energy Group Under Final Negotiations
Alternative Energy Mining Firm in Final Due Diligence in Chile
12/08/10 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it is in the final stages of negotiations for lithium concessions in Chile. The firm is currently working with its Chilean lawyers to finalize the formation of its Chilean subsidiary and in completing final due diligence on all properties under negotiation.
Mammoth has signed a Letter of Intent with Salt Gold Inter Chile Limitada whose concessions are located in the Salar de Maricunga. The company is currently speaking with five other local Chilean and Canadian companies to acquire mining rights and concessions. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Mammoth Chief Executive Officer William Lieberman stated, "It's been a long and tiring process over the last eight months, but 2011 will establish Mammoth Energy Group as a leading Lithium
miner with significant concessions finalized in Chile. We appreciate the patience and time that our shareholders have given us throughout the year. Terms of the deal will be announced in the immediate future."
03/11/11 -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (www.mammothenergygroup.com), a lithium and alternative energy mining company, announced today that it is actively seeking investment and public relations companies for the financing for its lithium concessions in Chile.
The company is in final stages of negotiations and intends to announce acquisitions of its Chilean concessions by the end of the first quarter with quick plans to up list to the OTC-BB market.
Mammoth Energy Group (www.mammothenergygroup.com) has signed a Letter of Intent with Salt Gold Inter Chile Limitada, whose concessions are located in the Salar de Maricunga. The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres.
NEW YORK, April 27, 2011 /PRNewswire/ -- 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.
NEW YORK, May 10, 2011 /PRNewswire/ -- Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company announced today that it is continuing its time frame for raising capital.
The company is finishing the completion of its new subsidiary Compania Lithium Investments S.A. of Chile which it will use to acquire Lithium assets located throughout the country.
NEW YORK, NY, May 18, 2011 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it has completed its due diligence on its lithium acquisitions.
"We have finalized our transactions and expect to announce our first Chilean acquisition in the upcoming days," said William Lieberman, President of Mammoth Energy Group.
Thanks Junebug., I certainly understand the nervousness, it's the nature of the market. I try to stick to facts and although there is much speculation of things going on behind the scenes we need to read it in black and white. The sooner management is able to provide it the better., but I am not the lawyer/IR/CEO and realize the confirmations do not happen on my timeline but will happen when they are complete. All the hard work that's been put in regarding fact finding and DD can be wiped out in one day of negativity/speculation. This is what MM feed on (imo). If it's fact post it - as fact is welcome good and bad. If it's speculation say it's speculation or don't post it at all. Not to get the day off on a bad start but just some food for thought friends.
Hi Skribe, This is the area of the PR that has been confusing., I took this to read the Due Diligence will be completed in two weeks.....(and intends to announce its first acquisition shortly thereafter). There was confusion on this the day it came out but I disregarded it as I was encouraged to see the DD (by the lawyers I presume) is near to completion., then the announcement(s) can be made thereafter.
Kgem has said if he finds out anything for certain he will post it and that you can believe in. At any event things are moving along for us and this is the best Li play one could be in - imho ;)