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Ever heard of SQM, S&C Electric, Nichicon, Vishay, Tyco, Echostar, Landis&gyr???
They release PR commenting on whatever is in their industry often and they are big boys. I can almost be positive Most on here never heard of them.
I know SQM bc i invest in lithium company call MMTE. The rest bc I used to do business with. I read their comments on the industry often to know what they are thinking or letting me what where the industry is going.
At first MMTE PRs look fluffy but now it is far from it. Fluffy PRs is to pump penny stock. These are really informative PRs. Sorry, if you didn't get it.
G R White has a site, number, location. Visit their site and call the number. Get all the info you like. Use Google Earth to check out their location. Plenty of info.
Lithium is going for $6000 a tonnes. If there is no demand for it, then it would be $6 a tonnes. Try again
Lithium is in high demand. Cellphone, laptop, cars, TV, GPS, mp3, etc all use lithium-ion battery. Notice the word "lithium" in lithium -ion battery. Hard to find customers?? Try again
1008acres is not that big but then Chile was estimated to have 50millions tonnes. My rough calculation ranging from 10,000tonnes to 75,000tonnes for that piece of land.
Lithium is easy to harvest. Read some of P4L posts.
When you buy a house, it takes a month to get approval, inspection, etc before that house is actually yours. This is foreign land and business not private home. Of course it will take times. Obviously, you never purchase any property. Stop renting $500 studio.
I really need to and will keep emphasizing this:
350Million shares MIGHT be partially/entirely dumped June 2011. MMTE must be able to reassure all these financial advisers that MMTE trade volume will be active and high.
They are financial advisers. They might not be the smartest but definitely on the same level as you and me. They need some sort of certainty that they are not working for free for 1 whole year. If these guys do not think like that, then I'm surprise they are still financial advisers. G R White is a decent size firm.
I'm not experienced in pink but every pumped stocks seem to take about 2-3 years before it could be pumped again or just die for good. No firm wants to wait 2-3years to get their money or not get any at all.
MMTE will die if all this is BS and trading volume will be close to ZERO. Good luck selling 350Million shares.
I'm going to believe Chile is a done deal and MMTE going pass June 2011. Uplist to Amex or something to get more investors DAILY.
Why peeps are complaining about MMTE? Should be happy they are starting to become active and becoming more transparent.
Website extended in JUNE - Whois.net
Phone System updated in JUNE - Just call MMTE
New Attorney in JUNE- Call the guy and ask
Paying several financial advisers between $180k to $300k in JUNE
G R White in JUNE - Call them :)
MMTE got the green light from Chile in JUNE
MMTE started becoming active with PRs right after JUNE
No dilution in q2
Float was reduced
Remain PS Current
MR. Lieberman and Mr. Ashrup CAN NOT sell their shares until APRIL 2011
Mark Wiles and Financial Advisers CAN NOT sell their shares until JUNE 2011
Joe Overcash CAN NOT sell his share IF he convert them 5000:1 ratio, he will be subjected to Rule 144 AKA A YEAR LATER
ANYONE Overcash is selling his shares to will be STUCK with MMTE for ONE WHOLE YEAR
Anyone want to be STUCK with 250/350 Million shares of a company for ONE WHOLE YEAR as a payment if PPS is not going up or some sort of cashflow is coming to MMTE within 1 year that MMTE could present during the transaction??? This is not your little $100 investment or $30,000 investment. Big money is involve with people that could put Lieberman in jail. Now $100 guy would be bending over and take it if this is trash.
More people will be investing in MMTE once MMTE become a legit lithium company. MMTE will be listed in the Lithium mutual fund aka institutional investors. Big boys. :)
People need to see that MMTE is releasing PRs like big boys in NYSE. Constantly releasing PR as long as it relate to the company in anyway. I likes it. At least I know, MMTE is not afraid of spending money on PRs. More legit then those pumping stock.
Only 3 possible PRs now base on this year PRs.
L.O.I for 51%
Sign contract for 49%
Sign for the entire 1008 acres.
Long shot (uplist to OTC QB)
Any PRs even if it is PR regarding Mexico or Argentina will not move MMTE. Everyone is waiting for signed deal to start selling lithium.
Hoping for more meat on the next bone we get.
Lieberman suppose to be in Chile this week. Maybe PR friday about signed deal or next week.
I am still in bed. Still early. Probably slow day.
Few of us will be buying quite a bit of MMTE this weeks. :)
Thanks for the info. Got it.
Question:
I read on another board. Revenue/outstanding share = PPS x5 or 2.5. True or false?
If MMTE finalized land in Chile, then it's $30Million/OS= $0.007 x 5= $0.035 PPS. 2.5 times would be $0.0175.(I know $30M is not revenue but saw few peeps using that for pps calculation)
It seems to be true since I trade few big stocks with PPS 3 to 5 times higher than actual revenue.
Nice find... new headache or my Advil? :)
I really don't know what to make out of this...
Positive -
-All those companies that Lieberman is connected to are OTCQB status
-Lieberman will know how to get a company to OTCbb/QX :)
-This guy is LOADED???
-Lieberman has massive connection?
-He is using TTXP to do research for MMTE?
-This is where MMTE is getting money to buy land for lithium?
-All the companies connected with one another lihitum, mining, eco-friendly, and exploration. (Not like some pinks CEo with 3-4companies but all unrelated)
Negative -
-CEO of like 4 companies... can he be efficient to run all of them?
-All of them have dead website link and limited info.
- All these companies on his resume all in JUNE 2010?
Dang - Too bad Bloomberg is incorrect about O/S at 1.9B. That would make MMTE jumps faster and higher. :(
I will be the one this week to say this...
I thinks next week will be a good week for MMTE :)
I was reading on Wiki that a tonnes is 2205lb. It's metric ton not US Ton.
Thanks for the info on potassium. Didn't know about kidney stone.
Calculation is definitely flawed. I missed multiplying 2.71pound per ppm. That put lithium too high, imo.
I don't think the 1008 has 200K tonnes of lithium. Unless, the seller to MMTE really needed the cash now and do not want to mine lithium for 20yrs. Would be quite stupid to sell 200k tonnes of lithium for $30M.
Back to my corner. :(
950ppm for potassium.
950*1008= 957600 pound * 2.72 = 2600000
2600000/2200= 1000ton
1000 * 250 = 250,000 ton of potassium
My caculation method could be very flawed.
Ah I see. I thought he was suppose to go to Argentina. I guess, it was Mexico.
Potassium and other things. I have no clue what is the demand for potassium. I know it is use in fertilizer.
Just rough calculation since it is a slow day. Might as well do some number and get input. :)
The trend would be next week Friday we get PR. When MMTE release PR on Monday and Tuesday, we do not get Friday PR.
Just in case peeps did not know...
$30million property would put MMTE pps at $0.007.
That is just the property alone. What I am trying to get here is MMTE need to be able to harvest at least 5 tonnes of lithium to break even. MMTE property will de-value the more lithium MMTE harvested. Got to be more money involve. PPS would be much higher
There MUST be more than 5tonnes of llithium or there is no point in buying the land. I did rough calculation... I could be totally wrong. Hard to do research on cellphone. :)
2.72pound per acre-foot = 1ppm
1008acre * 650ppm = 655200 pound
1 ton= 2200 pound
655200/2200= 297ton
Average depth is 250ft to 300ft
297 ton * 250ft= 75000 tonnes (tonnes is ton)
$6000 per tonnes
75000 * $6000= $450MILLION
Average mining for lithium per year is 10tonnes to 20tonnes
75000/10 = 7.5 years (round off to 8)
$450M /8 = $56million per year.
PPS = $0.02 or so but with a constant revenue PPS would be much higher due to the potential.
I thought it was this week. Figure next week will be great news. I guess, 1st week of September then.
I would not be surprise if MMTE end up releasing a PR with signed contract for 1008acres instead of 49%. I just have this feeling that will be the case. I wants to buy more but must resist until next week.
Q2 looked good
All Prs pointing to higher ground
Mr.Lieberman so far had kept his words.
Negative:
PPS just not moving up for some odd reasons
Page 4... 5B @ .000"0"1
2nd paragraph - 1,369,981 (missing 3 more numbers)
Q1 letter was ok. Only typo was 5B at .00001 and the year they are in corporated 206.
Q2 Had those and now the Float is wrong.
Attorney Letter is out. I could barely read it. Very bad quality.
The letter is very unproffessional. Typo here and there especially on the numbers. WTF?
5B @ .00001?
Float is 1.8Million not billion?
Great. I am still planning 4.2M to make my number even. I will spread my ask slapping on slow day next week. Will buy more if my other stocks go green. :)
I don't know much about pink. I'm just giving my input. Most of the time it's crap and sometime it's ok.
The bright side is MMTE settled down and no more massive selling after PR. That is a good sign that maybe flippers are disappearing. Yes, volume is low but then peeps such as myself can't keep on buying. As much as I believe in MMTE, I don't want to hold 100Million shares. Kgem, he bought roughly 6Million the last 2 weeks. I bought 5.8Million in the same amount of time. Mbot sold and got back in. Snook and AMA also mentioned that they bought some also. Who knows how much old man Mick and P4L have.
Just with those few names, we made up roughly 300++ shareholders. Mr.Lieberman mentioned that MMTE had around 2200 shareholder end of july. We only needed everyone to average around 500k to lock down the float. :)
Another bright side would be buy to sell ratio for MMTE is lopsided since last week Tuesday. There had been more buying than sell. I would say about 5 to 1. We saw on Monday it was 20 to 1.
Hang in there everyone. Good luck. If this hit pennyland, then open bar in Chicago for a week on me. :)
Yes, waiting suck. I am not going to lie. I got in MMTE for a quick profit. PPS is sideway but MMTE kept their words and releasing very good PR. I end up being a long instead of a flipper b/c MMTE showing sign of a long project with great potential. Q2 release sealed the deal for me. July 2011.
Sigh!!! :)
Anyone beside me ever got involve in 6/7/8figure contract??? Buying a home does not count.
Some project take 6months to 3years. I did some research on buying international property especially for business and the process is quite long. That is a huge chunk of land MMTE is trying to buy. FYI
I wish there is a PR today. The more PR MMTE put out, the closer we get to the juicy one.
GR white, 2xMOU, 1 L.O.I, Q2 with a bunch of restricted shares until 2011, and $30Million. Many pinks investors are starving for their company to PR MOU/L.O.I. Here we are calling it fluffy. Could never satisfy everyone.
That sound good to me. It is the same as any big company constantly updating everything to investors.
Saladar(sp?) De Atacama? It's rich in lithium. 1008acre of land = 1/5th of a mile wide and 8 mile long. (1000ft by 45,000ft). 1008 acre = 650ppm of lithium. 75% of a US Football field (end zone included). Imagine 700-800football field belonging to MMTE.
Lieberman kepts doing AH PR. Everyone complaint yet he still does it. Tell me, is that the type of action a CEO would do "anything" to keep investors? Majority wanted Monday morning PR.
He is focus on the business and some on investors.
Plenty of pinkies went "To Da Moon" on lesser PRs. Too bad I'm not allow to mention pinkies name on MMTE's board
You rarely post on MMTE. You are in line with your every few day posting on MMTE board. Everytime you post, it is usually buying at bid and never slap MMTE ask.
I really don't know what you are talking about " i don't post on MMTE anymore bc of the nonsense"
You make no sense at all. GL on MMTE
AMA didn't mention WB. You all were just assuming his "google search" = WB. From my response with MMTE. MMTE isn't that cool with AMA33.
:D The money got to be there. No point of negotiating the other 51% if MMTE can't even paid the 49%. Salt Gold Inter is willing to waste their time on a 2nd deal if MMTE can't "show me the money" for the first one? All speculation. Can't I be positive? :)
Go MMTE Go.
Lieberman will get sue if he did that before July 2011 by GR white. Like AMA33 said, try again. :)
MMTE - HUGE NEWS
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.
"We are pleased to begin to finally wrap up the stake in the Salar de Maricunga," said William Lieberman, President of Mammoth Energy Group.
About Mammoth Energy Group Inc. (PINKSHEETS: MMTE) www.mammothenergygroup.com
They did mention giving restricted shares e.g. Advisor is getting 350M
They will probably tap into private investor.. institution?
Come on 200M+++ volume!!! :)
wow... we might have found that 1 in the 1000 legi pink everyone!!!!!
that explain why they seeking advisor on $30Million.
tuesday PR!!!!
Need peeps to help me understand this....
Why would an advisor group take payment of 350Million share @.0006 to .001 ($180,000 to $350,0000) if they can't cash it in until June of next year?
MMTE must prove they are legit and will survive pass June 2011. Only way to prove it would be SIGNED CONTRACT for the $14Million dollar land in Chile.
I know I would be stupid to take 350Million share as payment if i can't cash it for a whole year and this is penny stock aka 1000 of POS(piece of shit) stocks.
I mean, we buy .0001 stock as lotto play but company like GR white... They willing to gamble on $180k to $350k???
Base on Q2, I am just speculating that MMTE might already be mining and proving they are not a shell company. Last week PR, happen in June and we are in 3rd weeks of August. They talked to GR white and pay them by giving 350million shares.
So, is L.O.I something that happened in April, May, or June? Bc Q1 did mention mining will begin early Q3. Why mention that in April when MMTE didn't have MOU, L.O.I, and no money to buy anything at the time? They were not in final step until May 18 PR.
Therefore, I am not surprise if MMTE get uplist if they already mining and revenue coming in soon or already came in.
Also, base on Q2, last Friday PR occurred 2months ago.(350M to advisor) We are 2 months behind in what is currently happening with MMTE.
Question: MOU/L.O.I happened in Q2(before June 30) or it really did happen a week or two before the PRs???
If my speculation is correct, then MMTE might have kept their words about mining at begining of Q3 (July1st) then. Sign contract PR this week or next?
MMTE did told me they didn't release anything yet when i blow up on them about a month ago through email. They might have a lot of PR on their hand. I wouldn't be surprise with uplist now.