Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
He has someone from the SEC on the CC tonight? I don't see how that can be true. Are you sure you didn't misunderstand him?
Do you know the difference between an O/S and A/S? Doesn't seem like you do.
A little green would be nice leading into next week.
Each day becomes longer and longer waiting for news :)
Hopefully everything goes well and we hear news about the 31,000 acres within the next week!
5 trading days left before the end of Q1. Hope the company is able to close the deal and PR a status like they projected.
I noticed that too AMA!
"Per two of the financing agreements we have just completed"
They "just completed" them. Sounds like news is sooooo close.
imo :)
Thanks again!
You're definitely good at filtering out emotions from investing and always have level-thinking.
On the opposite end, I got a little jumpy tonight...lol :)
You are the man AMA!
Thanks for your greatly appreciated contribution :)
I agree jfburk
If the deal is done, then the assets will justify the increase. To be honest, I was thinking that the A/S may be increased to accommodate any possible funding and the capital raising the company has done lately. I just didn't expect to see an increase to 15B. I guess it got me off guard a bit.
But again, if the deal is done, then the assets will justify the increase.
cheers :)
Look...I've been around and seen a lot. I can't tell you how many companies I've seen promising this huge deal and that huge deal while increasing their A/S on promises that never pan out.
I'm not saying that's the case with MMTE. I remain hopefully optimistic, but caution becomes an instinct when the company raises the A/S from 5B to 15B.
The assetts will justify the increase when the deal IS DONE and it's OFFICIAL. Until then, being cautious is justified in the pinks, no matter how great the pie in the sky looks.
cheers.
I'm sure that's some of it, but that's an extra 10B! We'll have to see what the company says.
I agree with you jfburk, but you can't dismiss that an A/S of 15B is aweful. Many of us have been in the pink for a long time and see the same thing over and over. It's natural to be cautious when something like this happens.
I hope any new share that will be issued will be restricted. I agree, this looks awful and I hope we get and update or clarification on what's going on. Seeing stuff like this does make me have some doubt, but I'm hopeful that things will work out.
Liebs needs to clarify this ASAP. We don't know the status of the land deals and an A/S of 15B is looking very ugly. I hope this company is legit.
Oh yeah ;)
But the real fun will begin if MMTE is able to close the deal.
lol...love your use of images
We're almost at the end of Q1 AMA. I hope Leiberman can deliver on the land deals and PR something very soon.
Crossing my fingers :)
I think assetts will mean a lot in this company's valuation. Especially when we're talking about potentially hundreds of millions of dollars. Imo
Do you really think if they acquire land that's valued at $600M, it will still have trouble going to pennies? In my opinion, if they get that kind of land, this stock will leap into multi-pennies.
Well said. The potential land deal is the story here. If the company can pull off the acquisition of the 31,000 acres, then everything else is just gravy.
That's a lot of miles :)
It's 31,000 acres per the many past PRs...not 31 acres.
Can you tell me of any company in this galaxy that's worth trillions of dollars?
Hopefully we go a lot more north in the days to come :)
You learn something new every day :)
You're right hobit. Dilution was so huge today we went up over 41%. Never knew dilution can be so good.
Please make the arrangements :)
Howdy Prof :)
Are you cheating on Jessica or is that one of her friends?
Agree...end of Q1 almost here, but hopefully we see news sooner.
If they get half of the 31,000 then I think a 10 bagger in two months is very conservative..IMO :)
Stupid move...imo. The company has said they anticipate closing the deals by end of Q1, which is right around the corner. Why would anyone sell now is beyod me.
jmo
I agree NOBO. She'll at least remain as the spokesperson.
In my opinion, if they get the 31,000 acres, that's enough to get to 0.10+.
Lol...do think uplisting will happen soon?
That would be incredible Raptor :) Do you think they are working on uplisting right now? I hope they are.
Very nice news AMA! Lieberman seems to be serious about having a real and credible company.
Here are some nice tidbits Jack...
The company is in final stages of negotiations and expects 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.
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 Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that it intends to file resolutions with the state of Nevada to cancel all remaining Preferred shares issued to past management.
The company has been unable to come to a considerable resolution and is only protecting the interests of all shareholders while it works through financing situations.
The company is in final stages of negotiations and expects 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 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.
If it's around end of Q1, then it'll be around the end of March/beginning of April
The thought of 0.10+ gives me goosebumps
Love the way you're talking AMA! Dwarfing GOIG would be awesome since it ran 0.065+