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Bepractical, some very good points you make. I agree with what you are posting.
One item I would add would be that the buy and hold theory still works for emerging companies that leave the development stage and enter production- like mabwe.
However in today's world very few development stage companies actually make it to the next step. Having a product like barite that is easily sold at market prices helps a lot!
Now it remains to be seen about production numbers and net profits. Looking forward to the developments over the next few months
If that were the case then the restraining order would not be in place.
Mabwe is moving forward with shipments.
Have valentine go to dodge mine today and he will not be laughing any more.
The only way valentine gets information is if he bribes one of mabwe's workers. So that is how!
IF valentine already had a real judgement, then there would be absolutely no need to go to a pretrial conference.
Judgements come AFTER you go to court!!
Pure hogwash with half truths. Valentine has been saying the same thing for three years and has already burned thru several $50 per year websites. Many frivolous lawsuits have been attempted. Nothing ever sticks. The only thing that has been accomplished legally is valentines 3,820 foot restraining order. He is a bad little boy.
Valentines attorney is a rich man.
Valentine has a 3,820 foot restraining order so there is no way for valentine or his associates to have any idea on what is really happening at the mine.
There is security and only approved workers and visitors may enter this massive mining site.
Soon we will be shipping barite including a few tons that valentine dug up. More work is done in ONE day now than valentine did in 3 years.
Start marching with the band or stay on the porch watching. Either way the band is marching by!!
Kinsey is more than qualified to handle all exports along with Steinboch. This is a non issue.
There is NO judgement. As revealed, there is a pretrial conference where the judge will see IF valentines case is even worthy to enter court.
It will be thrown out of court and valentine will have to find someone else to sue. I am sure it won't take him long!
The sec would be a great place to look for information on private placements.
The rules are specified in their documents.
Sec regulations require one million in equity or $250 k income to qualify for private equity deals per rule 144.
There are many who are under NDA who invested in mabwe.
Correction, we saw several bids for the stock above 20 cents and another at 11 cents. Look for increased buying as the shipments begin
Correction. According to the filings of Raptor, he actually have $300k to raptor to finalize operations. This included $250k for the shell cleanup and the rest for Tom and bob salaries.
It's all in the reports. Based on first hand knowledge tw has not sold his shares. Sorry to disappoint.
Not the case. Sorry to disappoint.
TW had 330,000 shares and investors he called friends that he cared about. I was one of them. He is a man of integrity.
Actually the savior of Raptor was and is mabwe.
TW recognized that mabwe would create shareholder value. Oh and by the way, his 330,000 is part of the 8mm float. Not sold!!
Patrick already did his DD, that's why he did the deal with mabwe!!!
He is a multibillionaire who is devoting his life to curing cancer. Do not insult his integrity or intelligence please.
His DD was right on target with a 3-5 year plan. Sorry to disappoint!!
Again, the "legal issues and judgments" are nothing of the sort.
It was revealed today that they are at a "pre trial conference" stage. This is nothing!!
The only legal event that has occurred is valentines 3,820 foot restraining order. He was a bad little boy.
No one interested in selling mbmi either!
Unfortunately this stock appears headed for the tripps. The tea leaves are full of Cery saying that sales have increased, etc.
In the end Cery wins and we all lose.
Obviously the stock had minimal sell pressure. Try buying 500k shares and see what happens.
Over the next few months, the stock will have significant sales and increased buying pressure. It only takes a little buying to have DRAMTIC results.
Looking forward to the next few months it is going to get exciting!!!!
If the float is that large, they are obviously not selling. A million shares purchased could drive this stock to a dollar easy.
The float comprises of the shares Kinsey was give for the 25% ownership, management shares, and stock private equity sales. Most likely all of these entities are not selling.
The original 8 million shares represents a group of about 5 million shares that is also not selling.
In reality there are only a few million shares in the real float. That is why the stock acts so dramatically on relatively small purchases and why mabwe stock recently reached approximately 80 cents a share.
The fact remains that few shares are available for purchase at under 50 cents- regardless of the share float. There will be increased buying in the future and the stock will react dramatically.
Pitboss did you get your float number from the TA as you implied, or another source. Please explain and back up you statement
So is the TA gagged or not?
I thought the TA was gagged? Take out management shares, etc and the float is 8 mm
Hukoyo why would we need a "pre Trial conference any day now" if you already have a judgement??
A judgement is the final decision of a court. A pre trial conference is a legal dispute that will be debated in court. They are completely different animals.
Once again, the truth comes out. There is no judgement, just a simple legal dispute. It happens ALL the time, and seemingly nothing to report on SEC docs unless it actually goes to trial.
Also, private placements require a net worth of more than a million dollars I think, so few if us can even qualify per sec guidelines. Unfortunately, I do not qualify any more!!
Gitreal, there are some investors under NDA who have seen all the reports. Since they do not want to wear an orange jumpsuit, they are not sharing it. Until this information becomes public, they cannot talk about it or share details per the SEC guidelines.
I do know they invested additional dollars after seeing it so they obviously thought it was good.
Wish I could be of more help.
Most likely there will be a few smaller deliveries as they stockpile barite for larger shipment in the next couple months.
The smaller deliveries allow them to work out a few bugs and to stockpile qualification lots. Look for an on site test lab soon along with 100% of their attention toward mining.
They have been working with a large part of their team dedicated to infrastructure development up until recently.
The next 2 months are going to be exciting.
There is law in Zimbabwe. Valentine's 3,820 restraining order is completely legal and represents valentines bad character. Thank you for the law.
Until this restraining order is lifted, valentine has zero credibility. He is a non issue that has been talking the same story for over 2 years now and what has changed?
Oh, I know. What changed is that mabwe is mining dodge mine with a legal permit and has full ownership of dodge. They are about to sell millions of dollars in barite to international customers. I like this kind of change!
Don't worry valentine, I have dedicated 2 of my mabwe shares to you. Please place his address on the baseminerals $50 per year website so I can send them to him. That is all he will EVER get.
Seriously, Steinboch would not be involved if they did not believe this was a larger site. I agree reserves are not proven. I am absolutely SURE management will do enough drilling to satisfy all after some cash is in the bank
Give it time.
Great post Mabweking. Great to have you back.
This is the perfect time to load up in mabwe- most of the risk is out of the stock now.
With infrastructure done, we can focus all our efforts on getting the barite to surface, and making us money!!
I look forward to valentine coughing on the diesel fumes from our trucks as our barite is delivered to the train station.
Valentine is a non issue. Looks like we are now done with infrastructure and can focus 100% of our efforts on mining with our 50-100 workers on a daily basis. It has only been 3 months since they started!
Imagine how much we will accomplish on our mine in the next few months!!!
Investors keep in mind that this small mining area only represents around 6% of our mine!! This is a HUGE project and management is wise to start here. All the bugs will be worked out here.
Look for shipments to start soon!
I trust that Steinboch is very capable on testing my barite. After all they have 6 very important people on site right now!!
They are setting up an on site lab run by them!!
Yes there are laws in Zimbabwe, and I am thankful for that! The law have valentine his 3,820 foot restraining order.
And yes, we will be shipping our barite soon, and perhaps a few tons of barite that valentine stacked up!! Don't worry, I have dedicated 2 shared of mabwe to valentine. He will be reimbursed!!!
Simply put, the company doesn't have to answer any of those questions! The data results were provided. We can't demand the backup to the data. If the data is wrong or misrepresented, the management goes to jail. Welcome to the SEC.
The data is accurate because it has to be. I trust the data presented
Perhaps someday we will all be important enough that we can make demands of every company we invest in and they will bow subserviently to our demands.
Good luck with that
There is absolutely no proof of that!! We just began mining operations in mid July! That is only 3 months ago and look at how much was accomplished.
I am qualified to analyze site development and it is indisputable that the site is progressing remarkably quick. In a few more months we will be shipping barite by the boatload in those special multichannel ex hills that Yasheya has that allow us to divide the barite up into smaller lots with different grades of barite.
Sorry to disappoint, but this will be a highly successful operation!!
Valentine and his little dogs have zero credibility until that restraining order is lifted.
End of story. He is a non issue
3,820 feet of restraining order back up my opinion.
The company just posted testing data from Steinboch on lot qualifications, so this confirms the quality of barite on site.
They are providing investors with data.
Clarification, about $10,000 in stock purchasing could drive the stock price up 100%. The short term stock price does not matter. What matters is long term profits and mining reserves.
That is why I am an investor here, and why isit is not!!
Who cares about short term pricing up or down?? Only day traders care. I do not care.
As news of shipments begin to happen, watch the stock price begin to create a real foundation. How high it goes depends on net revenues.
Obviously with almost 140,000 shares BOUGHT today, there are some investors who see real upside here!!!!!
Correction, pitboss 25% of that equipment belongs to mabwe!!
I am not sure how to even respond up this bits like trying to nail a jellyfish to the wall. It just can't be done.
Ok, we are mining and will have significant shipments before the year end. That will transpire to higher stock prices.
Why not declare a dividend after the shipments?? That would rocket the price up. There are a lot of tools in the tool bag!!
Also Kinsey could agree to restructure the deal. It will not be an issue!!
Pitboss, I don't disagree on getting explanations. I think you are right on suggesting that shareholders have an opportunity to ask questions.
Perhaps management can provide a live forum in the future where investors and money managers like yourself can ask questions.
Just in case you missed it (and seeing the hydraulic pecker) check out mabwe message:
http://www.raptorresourcesholdings.com/content/mbmi-message-3/files/mobile/index.html#10