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Your summations are inexplicably wrong.
For larger detail i will post later.
But quickly . Steinbock does not sell mining equipment.
Stainbock is every bit a partner in that their experts have shown Mabwe how to mine barite.
Yashia is going to distribute the barite to thousands of customer so that Mabwe will never need to find
a customer for the rest of time.
Now that to me is Partnership.
Wouldn't that be something. The Imagining I understand is an astonishing process with no
radiation.. WOW.
a true 360!!!
Great Post Knuck42, Thank you.
Your point regarding MBMI not currently sellling shares is absolutely true.
There are no private shares for sale. If a party is interested they will purchase them on the open market.
If there were dishonest intentions surely there would be shares available on every corner.
Clearly that is not the case
Im so sorry to disagree with you but with all due respect.
Comparing a site that does not have one link working, but which then directs you to another broken link is highly suspect.
Please allow me to share my step by step experience on Base Minerals.
First the site takes you to a white page with a designed by name off on the top left.
The site at this point remains a mystery.
Then by clicking on the designers name you then go to the main site where a large ' NOT FOUND'
heading appears. I might add this does not reassure my eye. Next on the main line of the page
it reads:
" Apologies, but the page you requested could not be found. Perhaps searching will help:
Again no evidence of a working site So i look for a link to explain what Base Minerals is.
To this point I am assuming this is a site owned by Peter Valentine that does convey a business name
but no actual business. It would seem a company named based minerals would produce a product of some kind. Or at least offer an address or a phone number or a way to contact them.
But is reads more like a legal defense fund for an indigent client. There is no direct message that indicates the purpose of the site. If you can find your way into the document. Then after studying
the documents it is very clear that there is not sequential date patterns. In addition is id difficult to
interpret some of the very few documents as most of them are 5 years old.
As for Mabweminerals.com I believe this site needs no explanation nor statement of confirmation in that it stands out on its own as a Pro job.. all the way around.. No question about it.
Itar, I am getting lost in the long list of Warning signs that have been threatened for quite some time.
Typically the news stations don't report about things that never happened.
I.e.
" Today after years of threats regarding Mabwe Minerals Dodge Mine. Peter Valentine in " No News Yet"
has today announced that nothing is reportable as to what has not happened"
This would be the kind of story i'm awfully tired of.
I'm seriously ready to start reading about news from a news source rather from a Junior College Web site training site, that has broken links and a generic background.
If Mr. Valentine has reportable news, I welcome facts that can turn the tides. Barring that it is difficult not to assume that there is an ulterior purpose for the 3 card Monte.
The site BM does not work
all i could find is a brief created by someone whom i think was probably not an Atty.
The language was less than legal.
Quite Frankly Kudakwasha, It seems to me that someone who would be in a position of authority, as
well, someone with the legal system to back them up and( armed with courts decisions), as we have heard time and time and time and time again, That such an individual would run to the authority's right now, Today, and present the High Court Order to the Zimbabwe equivalent of a US Sheriff and have such an authority escort them to Dodge mine. Remove everyone and replace the entrance sign with Base Minerals.
In so much as this event has not occurred I am left with the notion that this notion of Peter Valentines
state of the art Attorneys is simply a fairytale. After all there is not one single shred of legal proof. Nothing presented with coinciding dates that point to Peter Valentine having a right to a thing.
I suggest that if any of these claims had a speck of truth that this would be yesterdays news.
I suggest that the legal department of Baker Hughes is better versed at international court negotiations than an hourly retained local attorney could ever be in a million years.
A firm like Baker Hughes carries the weight of Billions of Dollars to support the people of Zimbabwe.
When they contact the Government of Zimbabwe, Who exactly do you think the Government is going to take note of.. 1. The house council of BHI or a brief filed by an local attorney in Zimbabwe who makes $25,000 a year ?
As for DD on the Part of Baker. It would take one phone call to seek all discovery, court records, pending cases and outcomes. After the Baker Council determines that there are no cases pending that could jeopardize their investment, they proceed as usual. If there were suddenly a Super Bowl verdict for a case no one has seen, and Baker found out that Mabwe Was Out (this scenario only), that heads would roll and jobs would be lost.
Baker's team of Attorneys do not do guesswork. For that matter neither do Steinbock's or Yasheva's
legal teams.
This is a non issue and Mr. Valentine will not be akin to any agreement, or person , or event , or ownership or anything that regards Mabwe Minerals for the end of Time.
Mr. Valentine is Persona Non Grata
I;m a little overwhelmed.
I have been waiting for this post for months not realizing it would actually be formulated.
And with hours of prep work , i congratulate you.
I would conservatively state "SLAM DUNK"
The comprehensive abridged list is stunning.
Your understanding of these articles which i admit are difficult to follow in that some o the
definitions are not typical US legal terms.
But after studying the spread of repudiations I have a much better idea.
I now have no doubt that the true conclusion here is that Mr. Valentine has an extremely weak
case. I hope he gets his life on a better track.
IN the mean time this case is closed thanks to your brilliant post.
I took the liberty to add this to my post to refresh the list and to bring it to everyones attention:
Post 865: Mr valentine has documents proving he was the other member of the chirowsa syndicate there is 6 high court cases in the high court of Zimbabwe look at the sale agreement.
OK…....Let’s start with Valentine is a member of Chriowsa syndicate with 6 High Court Cases. Because it gets confusing fast!… and what happened to those 6 high court cases?
Post 902: Minister of Mines has Instructed the Mining Commissioner to register the Tribute agreement referred to in the H/c order 801/09 for Basemineral Zimbabwe
So now Valentine who is a member of Chirowsa Syndicate is giving himself (Director of BaseMinerals) a tribute agreement… interesting? Why?
Post 930: Chiroswa Minerals was the owner of dodge mine and transferred it to chiroswa syndicate in 1998 making chiroswa syndicate and chiroswa minerals the same company and confirmed by the minister of mines offices and the mining commissioner and the inspection certificates
So it is confirmed… they are suddenly the same company...case closed? And it was confirmed by the Minister of Mines and the Mining commissioner too!...LOL
Post 944: Baseminerals Tribute Agreement Check !
OK… Now Baseminerals has a Tribute Agreement...LOL
Post 953: Mabwe has no EIA
Well we know that is not a Fact Jack!
Post 968: Baseminerals Zimbabwe has a Tribute agreement ! a interdict has been issued banning Mabwe minerals from operating
Then why is Mabwe Minerals operating at Dodge Mine?
Post 974: [Basemineral Zimbabwe]]Mr Valentine went to court to enforce a Tribute agreement The Judgement was given on 15 November 2011
OK…. When will Peter enforce the tribute agreement?
Post 986: Mabwe do not have a EIA license
Well we know that is not a Fact Jack!
Post 1124: Baseminerals Zimbabwe has 3 year tribute ordered by the High Court of Zimbabwe H/c 801/09 Mabwe Minerals will not start production until the end of the Tribute agreement [you can not ignore a High court Order]
I guess you can ignore a High Court Order...when it does not exist… or please ask Peter when he will visit Dodge Mine and start mining off his High Court ordered Tribute Agreement? When?… when?
Post 1148: They are not going to start digging as they do not have a EIA license and there is a temporary interdict stopping them
So why is Mabwe Minerals mining barite at Dodge Mine?
Post 1154: Baseminerals Zimbabwe has a high court order and a 3 year tribute so they can only start mining after 3 years
So why is Mabwe Minerals mining barite at Dodge Mine right now?
Post 1165: The Minister of Mines has been instructed by the high court to register the Tribute Agreement for Baseminerals Zimbabwe
Why has the Minister of Mines ignored these instructions?
Post 1178: Valentine has already won his court case H/c 801/09 instructing the minister to register the tribute agreement and the minister instructing the permanent secretary who instructed the mining commissioner
So why is Mabwe Minerals mining barite at Dodge Mine right now?
Post 1205: Mabwe will have to wait until after the 3 year tribute is finished
So why is Mabwe Minerals mining barite at Dodge Mine right now?
Post 1208: Mabwe will not going to start operations legally and will be stopped by the high court !
When will the high court stop them?
Post 1216: there is a high court case over the issuing of those certificates and the ownership and if they start mining Baseminerals Zimbabwe will enforce a interdict
When will Baseminerals enforce the interdict?
Post 1248: Chiroswa Minerals is the legal entity and owner of Dodge mine
I thought you said it was Chirowsa Syndicate earlier?… I’m getting confused.
Post 1253: The EIA have stated it will be cancelled when Baseminerals get there Tribute its not over until the fat lady sings.
Just where is that Fat Lady?
Post 1488: judgement case no 5208/13 instructing the Minister and the mining commissioner to register the tribute with Baseminerals Zimbabwe within 48 or go to prison for contempt of court
When do the Minister and the Mining commissioner go to prison… it’s been months past the original 48 hour case judgement.
Post 1509: There is a high court order 5208/13 issued on 24 July 2013 Instructing the minister and Mining commissioner to register a tribute for Baseminerals Zimbabwe and Baseminerals Zimbabwe will start operating within a week
I thought Peter already owned Dodge Mine through Chirowsa Minerals?… why does he need a tribute agreement to himself? What happened to 48 hours or now one week?
Post 1531: Chiroswa minerals is the owner of Dodge mine and there is a high court case to nullify the fraudulent sale to Mabwe minerals
Yes… thanks for clarifying again that Chiroswa minerals owns Dodge Mine… so why does Peter need to give himself a tribute agreement?
Post 1537: BASEMINERALS WILL RECEIVE A 3 YEAR TRIBUTE WITHIN THE NEXT 7 DAYS IN COMPLIANCE WITH THE HIGH COURT ORDER
48 hours… one week and now 7 days...what next? We are way past this 7 day High Court Order too!
Post 1634: high court Hc 5208/13 order Instructing the Minister and Mining Commissioner to register a Tribute with Baseminerals Zimbabwe within 48 Hours or be committed to prison for 30 days for contempt of court
When do they go to prison?… They ignored this imaginary high court order months ago.. Why are they not in jail!
Post 1634: I don't get it ! is no one listing ! there is a high court Hc 5208/13 order Instructing the Minister and Mining Commissioner to register a Tribute with Baseminerals Zimbabwe within 48 Hours or be committed to prison for 30 days for contempt of court
I agree… you don’t get it and no one is listing!
Post 2166: Baseminerals Zimbabwe has got the court orders and will be working on dodge mine soon
When?.. In 48 hours, one week or 7 days...when?
Post 2276: Baseminerals Zim has already got judgments and won
Just what did Baseminerals win? They are not at Dodge Mine.
Post 2349: They have moved a whole lot of equipment on the mine today ! because of the Ariel photo so they can fool everyone in to believing they have started mining
WGB Kinsey is amazing… you mean to say in only a few days they completed all the work shown on the Mabwe Minerals video?
Post 2395: Please explain what happened to Chiroswa Minerals Please explain these High court Orders and what has happened to them !
OK…Chirowsa Minerals does not own Dodge Mine and the high court orders have been thrown out.
Post 2402: Mabwe minerals have already lost Baseminerals Zimbabwe have already got its Judgements and they will be enforced
Why are these judgements not being enforced?
Post 2486: Yes I will be coming home straight to jail
Finally… a comment that I truly believe!
Additionally KJB76, Allow me to add to your point.
It is wholly probable that Peter Valentine who's actions, defined by beating up Mr. Groves. Who is
now an honorary Manager for Mabwe, I might add a Honorary guy. Was physically beaten up but Mr. Valentine for not signing a document that gave Mr. Valentine rights to Dodge Mine.
I would suggest that the well know contradictory rhetoric by Mr. Valentine as suggested by negative
posting. To Me, indicates explicitly, that his actions prove that he missed out on something special.
If for instance Mr. Valentine was of the opinion that he would only be interested in Dodge Mine but
for evidence of a feasibility study, then i assume he would have waited to see if there were valuable barite on Dodge before he beat the Sam Hill out of Poor Mr. Groves.
Just a little trinket of evidence that my be added to the certainty that we are sitting on a Barite mine.
I'd use gold but Barite is the new gold!
Specifically could you please explain who you are addressing and what information you retain to suggest such an implication?
You stated ( marked by parentheses")
lucky,mydog: (stated)
"lol. the point is that having the barite there means absolutely nothing. what is important is a feasibility study showing that it is economical to exploit. anything else dream fever."
lucky,my dog, Please allow me be clear on your suggestion that having five Billion dollars with of Barite on Dodge Mine Units 1-6 . A mine with resources for 30 years if you mined 24/7 365 is nothing unless you have a piece of paper called a feasibility study that says you do?
My interpretation of an event that occurred in the past year is something i would like to share with you. The team from Baker came out to Dodge. It was impressive that they sent a team to S. Africa just to look around but then what came out of their mouths was even more impressive.. They essentially
stated that there will be a gravity map survey but the rocks that they saw just on the ground were significant enough for them to know (100%) that this was possibly one of the largest barite mines existing in the world." What you guys are sitting on is an amazing find, possibly one of the largest mines existing today" A geologist in the oil and gas field are extremely knowledgeable and with that
they have even more impressive is their virtuous common sense.
I accept fully that you believe that without a feasibility study that they should just shut the Mabwe's doors right now. So allow me to disagree with you strongly.. At this point I believe that there will most likely never be a feasibility study. It would to me be very much like seeing a brand new car that has never been out of the lot and insisting that a study be created to prove that no miles have ever been driven on the car. It would be more to the point like nasa being requested to do a feasibility study to see of the moon had moon rocks.
At the same time I respect your opinion and believe you should follow you sense of beliefs but I suggest to you that not buying this security right now, while waiting for the feasibility study, while
im selling a few hundred thousand shares at 2.00 to buy my fishing boat is most likely the scenario you will experience.. With all due respect
Thank you very much KJB76. I actually spend a good amount of time as It's important that everything I state carries evidence to back up. I respect the views of people who do not share my position, unless their opinion is based without redeemable coupons. Otherwise to me pure speculation may be fine around a tea party with sugar crisps, but I will tell you one thing that i know KJB76. These guys in Management don't joke. They are as serious as it gets. Example.. YOu don't just walk a call into David Coplets office trying to make a business friend.. This is a guy who comes and goes without anyone knowing. Not to be personal on Mr. Coplet but when you Own a multi billion dollar company, trust me.. :Everyone wants to be your buddy. So knowing that Baker picked up the phone and arranged this introduction.. Well the story put me on the edge of my seat.
This would be exactly like an A list of celebrities in the corporate world..They're all Mensa quality thinkers, Mostly all self made and tip notch in the Universities that they attended. The guys from Baker
Hughes even more so.
So the league of Management across the board are extremely capable and qualified over a broad range of subjects .
Let me be clear: I am not a representative of this company.
My words to not copy what i am reading.
The evidence of Photographs of mining on a an SEC reporting company's web site must meet
standards . There are criminal charges which a company faces for deliberately lying to the public.
With this parameter, Personally i am more likely to believe a photograph from this restrictive
rule based avenue than I would of a message board forward. As well founded as I'm sure your
intentions are. I was not of the understanding that if you decided to post a photograph that did
neither have a Date of proof or other evidentiary facts that there would still be no consequence of
jail time in your case.
Thus the photograph of mining on the MBMI site I would judge to have more at stake for preserving the truth that a Red Flags and warnings signs forward of yours.
The suggestion of deception if fully unfounded.
The 266 lines in the warning Signs and red flags speaks about issues which have no relationship
to the company what so ever.
Example: Mabwe Minerals is a Barite Mining Company.
Is is not: A Gold Mining Company
It is not affected by LLSR, They are no longer a Contractual Issue.
It is not affected by Tag Minerals:
It is NOt affected by Rock Of Ages
It is not affected by the MMCZ, an organization which has been proven time and time again to have
no authority over Mabwe Minerals.
The "It is " lines above consist of 80% of the Red Flags and Warning page.
In so much at Mabwe Minerals is a Barite Mining Company I suggest you consider addressing that issue.
In addition This company has three MULTI BILLION DOLLAR COMPANIES WHO HAVE TAKEN MABWE MINERALS AS TRUSTED BUSINESS PARTNERS:
Yet I do not see mention of this partnership on your red flags Page. Please note that the Partnerships
are the most current news stories regarding Mabwe Minerals yet they are not mentioned on your page.
It would seem that the DD for Baker Hughes would have red your Red Flags page. Since they still decided that 5 billion dollars worth of Barite would serve their customers well I would have imagined
that would be a fact that would make your list of relevant things.
As you your suggestion that Mabwe's Management has been dishonest to thier investors. I personally have been an investor for 6 years in this company and have not one time seen, heard , or experienced
anything contrary to Professional, Direct, as well as Outstanding Customer Service.
In addition I am in touch with 20 investors and none of them have witnessed any actions which are not
representative of a moral and earnest company.
Would you mind conveying such an experience?
There is a section on their Web site that offers a contact.. I have personally received prompt and courteous responses on the occasion i have contacted Management.
Ricko30
Please let me be the one to welcome you to the board.
Your comments are clear and concise, an admirable talent.
The punch that a .55 cent stock has such partners is to me extremely impressive
and it is unusual that a stock this size has big boy attributes. This fact will, I believe,
be one of the confident boosters that make this a several dollar security.
Im sure you have confidence you're critique of these issues, however it is most apparent
that the entire piece focus's on gold and Tag Minerals.
I remind you that this is not a gold mining company.
Thus your page is irrelevant towards the focus and inventory of this companies product which is
NOT gold.. But Barite, White , Red and many other colors.
Additionally your page suggests that there is a connection to the production of Tag minerals vs the current progress of Mabwe Minerals. I assure you that there is not. Tag is a private company and has zero bearing on the success of Mabwe presently.
Thus the focus of 140 lines approximately of your red flags and warning signs might be interpreted as completely irrelevant. However i do suspect that if your criticism of the company focused on The one thing that they are doing which is barite mining that you would be removing 99% of the false claims into the trash can.
Respectfully I do not see one point one item on the warning signs page that can be proven.
In so much that the Gold inference is a misnomer in that gold is not currently a factor or worked
into the projected 3 year barite sales. As such the Red flag page is mostly capitalizing on that lack of resource, however that will be a down the road factor.
IF the Red flag page had credibility toward the lack of barite I would say the criticism would be warranted . But such is not the case.
Further it is the inference of the photograph you posted, that there is not, actively barite mining taking place. Hence the interpretation of this posted photograph on your forward page indicates:
1. That Baker Hughes is not a credible company and they're Master Service Agreement posted on the SEC site is not collectively as credible at your Red Flag and Warning Signs page.
2. That Yashia Switzerland a multi billion dollar company that has a Master Service Agreement posted on the SEC site is not collectively as credible at your Red Flag and Warning Signs page.
Additionally that This company who's CEO is photographed on Dodge Mine and who has expressed
in a press release recently that Mabwe Minerals is Currently Mining...
3. That Steinbock Minerals Switzerland a multi billion dollar company that has a Master Service Agreement posted on the SEC site is not collectively as credible at your Red Flag and Warning Signs page. In that they have publically stated Dodge is currently being Mined by Kinsey a 25% owned Parntner of Mabwe.. Thus your Red flag statement is therefore more credible than this Swiss Company.
4. If the information by these three companies are all complete lies and that the Management of the company is certain to go to jail then at that point i would believe that your photograph is based on
no mining. However if the credibility of Baker Hughes, a 9 Billion dollar a year company and
Yashia Switzerland , and Steinboch Switzerland are truthful companies then I believe that your
photograph posted without a registered date might be less believable than you suggest.
I would respectfully disagree as I am personally aware that for over 2 years a 4-5 hour sleep is rare for these guys.
1. Management has put up their own funds, risked their own funds
2. worked without a salary.
3 I understand they put their homes up for a 2nd mortgage
4. Have had no life for over two years
5. Risking their lives to make this company work beyond the formidable obstacles
not to mention combating negative and spiteful postings.
6. No one could accuse these people of not having displayed to this point a miraculous
list of achievements
7. No one could convince me that people who have this kind of drive would ever stop , ever
and to the point that after it is successful ( which I agree with the premise), they will
work at the same pace to acquire more and conquer any trace of negative sentiment which
is obviously at this point not even calculable.
KNUCK42 , GREAT GREAT POST.
FANTASTIC RESEARCH AND DETAIL OF WHATS ACTUALLY HAPPENING!
Great Post BeyondBarite,
I don't think we'll ever be beyond barite actually ,but since much of this process thus far has been a series of great fortunes, one after another, it wouldn't be out of line to hear about a Treasure of Sierra Madre type vein to reveal itself at Dodge whilst Barite production were in process, Similar to the excellent post described by Knuck42. At that point one might see on a website " Mabwe Minerals gold, formerly a barite company :).. Then of course your title would hold a more poignant place.
Nothing bountiful would surprise at this point as we are surround by a mountain fabulous barite. Though many of us are not geologists,
I have gotten many messages of investors who are sharpening their barite and mining knowledge base.
Specific to that, the Mining pit is looking great. The experience of Steinboch over many years has the technical experience to have offered
Mabwe logistics, planning and mining information has made this process much easier. Steinbock has experts who I understand are
otherwise not easy to find. My point is that this structure did not get there by itself and the advantage of having boots on the ground that know this business a game changer. The enormous amount of work that is going into not just the structure but being that there are multiple grades of barite is complicated
I personally am interested as many of us are to hear about the detailed process. It helps explain the many tasks that will ultimately
lead to the first shipments to Steinboch.
The revenues created were not last year thus the 10k reports would not reflect such an effort.
You may not distinguish float shares but the inaccessible shares in a trading day will specifically limit
available shares to be bot. Therefore the Ask will be higher if is a small supply than demand.
You might choose to accept that the owners of approximately half these shares are inactive.
That would be 1/2 dozen or the other.. hee hee
As per anual profit. Such a number i am confident will be larger than anything most would consider.
Mabwe not only has Barite and several kinds at that, but Lime stone to sell for cement uses and the
like.. In addition Gold which i believe is under the Barite will be a nice little bonus that if fully viable .
It's all very exciting and the good news is that those who are short are going to get killed.
Speaking as an investor my profit so far is 800 %
I would fully disagree with your point
Who is this person you are addressing?
What cash was paid for what?
Are you inferring that Lantis Lasar is still a company?
If you are I would fully disagree with that notion.
There is no more LLSR.
What evidence do you have regarding MBMI schedule regarding shipping?
The mining process has been on a few weeks now and digging up barite and transporting to trucks and trains adds up pretty quickly.
I have no doubt that the shipping is imminent
These would be corporate shares to be sold at maximum of 1% per quarter.
No funds are deposited into Mabwe Z.
Period
Steinbock Minerals is of course shipping all barite
Steinbock Minerals of Switzerland
Switzerland had no sanctions of any kind
Therefore a mute argument
The MMCZ is a very tired argument and has been mis proven a thousand times.
I suggest you contact the MMCZ to understand that they are not involved in Mabwe's work
in any way.
It is a complete waste of time to bring up the MMCZ for over a year this has been a ploy and complete
embarrassment to mention.
Good luck on this fait accompli argument
Your response <
(MY RESPONSES ARE IN PARENTHESIS)
"Revenue streams", "Revenue streaming" ????
(Raising capital is a necessary for a start up company to exist. Why this is humorous to you I would like to Know)
Gibberish
"Active float", "Inactive float"? ... LOL!!!
( Shares held by entities which are long term holders and investors are wealthy subscribers of a company who do not need to sell their share right away, Why you find this amusing is interesting.)
"23M in Net profit"???
(The total profit forecast based on 225,000 tons of $150.00 per ton is no laughing matter.
I welcome you to do the math.)
Ridiculous!!!
I don't know what to say but .....
I M ROTFLMAO!!!
(Please explain what this means)
( You could congratulate Al Pietrangelo for a Job well done)
Have a good night and thanks for the laughs.
A startup company before profitable has limited, yet appropriate forms of revenue streaming. The number which you suggest is 19 times a more probable number.
In addition to the Float. The numbers shown on the Yahoo sheet are completely wrong as all the many redundancies of the list of finance sites. Like it or not, that's life.
The Float which you did not address but surface points.. There is Active as well Inactive float shares.
It is rumored that 9 Million Shares total are segregated further to what i believe are 3-4 million.
Inactive float shares are part of transactions probably done during the acquisition. In any case. The inactive shares are certainly going to be sold and that will happen when the stock is over twenty dollars so for all practical purposes. the shares that determine the rise of the stock in comparison to say a company with
billions of shares is that with a small buy the share price runs and runs fast.
Thus the expected enormous fly to the upside upon one of a hundred reasons.
Mostly the advent of exposure when the checks pass people see a .55 cent stock with 23M in Net profit!!!!!!!!!!!!
I find it funny that someone would assume at this point that the Invitation, after it is presented at the door would ever be asked for again?
I am 100% certain that there is a mountain of Barite on Dodge mine and everywhere around it for a 20 miles. We are now an active for profit with buying customers. Who the Sam Hill cares about
a report!!!!
How often do you look at your drivers education manual when you are behind your Ferrari ?
First of all thank you for the information.
Second of all There are a hundred sites that list this information .. I know because i spend lots of time looking at them. None of them have the same information, and all of them are wrong to that respect.
Third of all the designated shares that you may be interpreting do not include the large amount of
shares being held by individuals who will never sell a share and if they were to be sold it would be years down the road .
Fourth of all. It doesn't take much to move the stock drastically on $5,000.
When you see as well all have how quickly the stock is ramped up by the infinitesimal size of the float
it is proof in itself to be skeptical of any number over a couple of million... I mean it.
My personal guess ,, it's 3-4 million shares.
If $50,000 were to put in a market order on the stock we'd be over a dollar in seconds. If the Float were 40 million I can guarantee you that would be an impossibility.
The float is no more than 3- 5 million. I do not have an exact number but is is no more than.
If you have a evidence of a different figure, of course I would love to see it..
I just got in from my job and jealously do not have the entire day to compare indiscriminate information comparing slideshows as you have so meticulously done and good job on that! BTW
If i had more time i would go to the corporate presentation with my magnifying glass but I am not
very skilled at defining the large differences between barite rocks. As per the photographs on the Mabweminerals.com web site. There are thousands of years worth and I hope the workers have a fraction of your ability to distinguish the many thousands of tons of Barite that is waiting to be dug up by 100 workers in their newly constructed homes, and then sorted to type. Such as the type that will be sold to Baker Hughes for $150.00 per ton for the API grade and the White Barite being sold to thousands of clients world wide courtesy of the Multi Billion dollar company Steinbach switzerland.
The Gravity map was a very exciting thing to see when we first saw it .. It represented the hope of us all that the find would be massive. Now of course you are absolutely right . As you are so often :).
The amount of actual barite is all that matters and they can take the Gravity map ( The one withe SEC organic sign and the secret Gravity map that was not posted by you to compare and put it in the trash)
Because now of course this map or treasure map as I like to call it has led us to the 5 Billion Dollars of Barite on Dodge Mine . Perhaps they will put the Gravity map in the Mabwe Minerals executive offices as a reminder to those at one point who did not have the belief that we would be sitting this day on so many shares that we have been buying and are now ready for the rewards of our work.
I appreciate your keen eye.
Please explain what fraudulent details you are referring to and please alert us to the coverups that
you have noticed.
Clearly you have specific facts which stand out to you in the criminal sense
Thank you
I misspoke
My focus was on two things.
One that message boards do not get first looks at feasibility studies.
Two: There are time latitudes for companies to report.
Exactly.
However if there were a report i don't believe it is their obligation to put it on a message board
This study would be of no interest to the SEC. It is not a public mandate.
It is a resource. A company is responsible to the public domaine on matters of money.
SEC rules relate only to offering and selling securities as well as on financial reports.
A report regarding information which a company bases decisions has neither the obligation or requirement to show anyone whether it be you or the SEC
gsj50 this is a legitimate point. I must agree with you. I believe that other than an 8 or 10k, The Management of an SEC regulated company is not required to supply every in house private document in regards to every aspect of the company other than the quarterlies and balance sheets.It is out of my
knowledge base whether there is or is not such a study. I would assume such a study could further the company in venues outside investors scope of knowledge.
It is therefore improper to make an assumption that such a report does not exist.
Thank you for making this excellent point.
I hope you'll forgive my bit of levity but allow me to lay out for you a more say reasonable response to your argument:
This is what happens when companies go bust and they can no longer raise capital to keep their head above water. Someone comes in and buys the company for a song and all shareholders lose their money. That is the way it works when a company goes belly up. Shareholders lose, and the new owners have ABSOLUTELY NO obligation to the former shareholders. This does not make these new owner bad people, liars, swindlers or anything else for that matter, it just makes them smart business men that saw an opportunity and they took it. It sucks for old shareholders, but they were not "screwed out of anything. The company was going out of business. What do you expect?....a free Ferrari for every shareholder?? Gitreal
I must agree with you Pittboss22. When you're right you're right.
The case i am familiar with is an investor who lost $40,000 dollars in RPTN.
After the split he started buying MBMI at around 3 cents. THe large loss
was devastating ,until now as his 600,000 shares are worth 8x more than he lost.
His current worth on paper is $330,000. When i asked him about the terrible loss
and the horrible way that he got his money he smiled and said that he was crying all the way to the
bank.