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I mean in a game of numbers if we have 665 followers on MMTE board and we only have 1245 shareholders, thats a potential of a pretty good few, i know its not going to go number for number but even 20% of the followers would be a pretty big piece. But overall yeah i know it doesnt make the PPS change to a point. There is also over 528,128 unique visitors a month that visit ihub and when we make it on the top 10 most active boards and the boards are filled with negativity, thats not helping our chances thats for sure.
Wow 25k shares. Thats the problem people are complaining that they are losing 50 dollars here. Exactly why im done with this board. Unless you are Nerves with 50 million shares, stop bitching about losing a few thousand bucks. If that was an issue to lose a few thousand, then you wouldnt be playing in penny stocks. Go put your money in apple and watch it make you a few hundred bucks. This stock is a long term investment, not something your going to see an ROI immediately. This is a gamble and im willing to make the bet. I'll either be handsomely rewarded or I will lose my investment. Thats pinks. But im sticking behind MMTE for atleast a couple years. Call me a fool, call me what you want, but I believe i will make some good money here.
I second that. I run my own company and it was hard to get it off the ground in the beginning. They say that a company should be negative for the first 5 years before turning around. Things take time, especially an international company, its not plug and play here. Yeah people are frustrated, I get that, but why bash a company you hold money in. Regardless you are turning away potential new investors. And if you dont hold a position here, do you just get off on coming on the board and making your BS statements? Maybe if the morale around here could change a bit, we could start moving north.
Mammoth Energy Group is the owner of interests in three salars with the potential to produce lithium and other metals from surface lakes and subsurface brines, all located in the mineral-rich Atacama Region III of Chile. The rights in these three lithium salars cover a cumulative area in excess of 15,000 hectares all accessible via serviceable roads.
I mean seriously, so Disney owns espn, so if espn makes money guess what so does disney. Same thing here. They are a subsidiary of the parent company.
If they were paying in shares, dont you think they would be restricted just like all the other shares have been. Yes. No company would give shares out with them being able to sell them immediately.
I love how everyone is screaming BAIL when all thats happened is they havent sent out PRs lately. And in reality that is what all of you have wanted. "NO PRs, all it does it lower the PPS" blah blah blah. Everyone freaks out way too much with this stock. Yeah im down thousands of dollars on this stock but jesus, give it some time to develop. The world is not ending, the sky isnt opening up. Chill please. They still have 16k acres and looking to add to their position as well as add to their board of directors. Nothing has changed. No they arent going to update us on the lawsuit cause he already explained in a PR, there is NO lawsuit. So stop asking for that. And now finally all of you that wanted Brain gone, your wished has been granted. People are jumping ship going off hearsay. Stop watching the day to day BS. People are gonna flip, its the pinks. Let them do what they want.
People need to see the light at the end of the tunnel.
Bid just jumped to over 10milly!
Yeah im also looking forward to seeing who is going to be on the board of directors as well.
Yeah remember when we found the site that said the plaintiffs filed the paperwork wrong. Most likely they never fixed it and it was just thrown out. This was one of the last issues we had in my eyes. The only thing I want to see now are the concentration levels and this thing should fly.
And with all due respect jkm1, we are listed under Oil/Gas/Natural Energy Production. Haha. Someone get this damn company moved into the correct section. Its only been like 4 years since it was an energy company.
Yeah I would fall out of my seat if they just reported 1 dollar of profit. Technically we shouldnt even see that. It sure would have been nice to have this so called "BS" lawsuit thrown out by now so that when the Q comes out on monday we start seeing this back at the 45 range.
To me thats the only thing holding this thing down. They keep trying to sweep the lawsuit under the rug and that it doesnt matter, blah blah blah. Well obviously it does matter, that was the start of the trickle down. And im sure things would really change if they really did lose the lawsuit and had to issue that massive amount of shares they want. I get they are crooks, etc, whatever else everyone wants to say about the lawsuit but in reality anything is possibly in this horrible judicial system we have. We all know the land they own should have this PPS way higher but all those shares in the lawsuit would make that PPS pretty horrible if the crooks win.
Yeah but your also missing that every electric car on the market right now is pathetic and look like hippies designed them. I dont know why everyone with the "green" mind set suck at designing but they look like crap. And like you said they blow at mileage as well. But this is just the start, look at the big wigs out there now joining in, BMW, ferrari and Mercedes have all announced they are developing new electric cars. And those are just a few of them. Then take the #1 one car company in the world, Toyota, and how they just announced joining forces with Tesla's technology. And Tesla is the car that will start making waves in the electric car world first. They have a car that can travel 300 miles on a single charge and not to mention the design of the car is amazing and all the amenities that come with it for a measly 50k. So hmm a car that looks like crap and can go only 35 miles or a car that looks like a modern ferrari that can go 300 miles. Yeah obviously no one is out buy the crap that is on the market now, but its just in a matter of time. Till then, the leaf, volt and any other "smart car" for that matter can keep collecting dust cause they blow.
Yeah I thought the 10Q would be our savior but I dont think it will be. For one not everything will be in it, as we just found out from the Q&A. And the biggest issue I feel MMTE has right now, is the dreaded lawsuit that has been kept hush hush. Obviously when new investors look at this, they see 2 alarming things, 1 lawsuit and 2. 15 billion OS. Both apparently have answers to them, but both have been skirted around for a few months now.
Still long here but need to get this damn lawsuit taken care of.
Yeah im wondering how that all works. Anyway have any insight on this, do they have to fill similar to the U.S.A or is that just wishful thinking. I think that is a big piece that we need to find out.
Yeah not reliable at all. They had one posted for last month too. I think they just flip a coin and then say something.
Ouch, yea Zecco is not the answer for MMTE. They have some BS, you will have to move to another that doesnt use Penson.
Yeah who had to post about the MM's being good. A simple sell brought the bid and ask down. Same ol' crap. We really need to uplist.
Well I for one cant wait for the "fall out of my chair pleased". DiiDii this seriously has been one of the best posts ive seen on this board. I hope these Friday meetings continue. I dont know why you have to be the liaison and we arent hearing it from the horses mouth but at least we are getting some updates. Thanks again.
Hey Phrozt, appreciate your charts and analysis, its truly been a learning experience with all the chart stuff. I have learned alot on these boards specifically MMTE. Still trying to learn more about RSI, MACD and CMF, dont quite even know how to read them, but still learning.
Yeah I wish I didnt get destroyed on my other stocks today or I would be buying more into my pot of stocks for mammoth. SAVW diluted the crap out of their shares and it tanked 43%. Got my ass kicked there.
Yeah those buys a bit strange. Non stop 500K buys.
I really think everyone is waiting to see what that 10Q states. We need to know what we paid for it. Yeah we have thousands of acres of land but no real proof of anything about it. So its a major gamble in alot of peoples eyes. Lets just hope the 10Q is our savior.
Hahah good catch, it only took a few years for anyone to mention that.
I dont think its a new website. I think they are just adding some fluff.
Yeah I think we should be seeing signs of life somewhere from the 10Q to the end of the year. Until then, this will probably dangle around for awhile.
Yup Adobe browserlabs checks them all in one fell swoop. And from looking at the lawsuit these guys are paid well so theres no excuse there either. 7k for a template followed by slow service is not exactly a good deal.
Really? Im sorry I cant. I do web design and have for only 6 years so you have me beat there but this better be a major overhaul for something that takes that long. Either way I guess it doesnt really matter we are still going to have to wait till the 10Q before anything exciting happens. A website update isnt gonna cut it.
Yeah I wasnt thinking that would happen with MMTE. I was just wondering if that was ground zero for penny stocks. Guess not though.
Yeah no one listens anymore. People are falling off there rockers on everything.
Scottrade is working for me and believe me you dont want to see it anyway. Huge sells coming in.
Yeah just a bit. All this BS might actually work out in our favor. People are non stop complaining about the PPS, but in reality, this could have multiple milestones hit all at once. Lawsuit thrown out, new land, new PRs, and the 10Q showing us that we paid barely anything for the rights of the land. That would make this thing explode. The perfect storm if you "will".
Cali, but they have satellite offices all over the country.
Agreed. But again, being that I know how to think like a CEO, obviously, he wouldnt be purchasing land that didnt make a profit. He knows what he has in concentration and how much profit there is to make with what he purchased it for. We just dont know yet. In due time we will know everything.
Most likely this is the start of the string of PRs he is going to put out. Most likely this is the small acquisition, then a few more, then the 10Q. He is probably trying to do a progression of PRs.
Yup we just have 3 little things to figure out.
1. Lawsuit
2. Concentration levels
3. How was the land acquired.
Huge buy just came in at 13 million. Someone like this stock. That could be the largest purchase I have seen of MMTE in 9 months.
NEW YORK, NY--(Marketwire -07/26/11)- Mammoth Energy Group Inc. (Pinksheets: MMTE.PK - News), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar del Laco in north east Chile.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, and now with the 2471 acres (1000 hectares) in the Salar del Laco for a total of just under 16,000 combined acres throughout Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
NEWS IT OUT PEOPLE. MORE LAND
I def like seeing all the big hitters on the boards today. It got a bit quiet for a couple weeks. I think the longs are here to stay and adding here is def a good idea. I have to come up with some funds by monday to average down some as well. I mean at these levels its crazy. This is almost where I initially bought in. Now being on board for about 8-9 months and spending most my time with MMTE, the value is there, the PPS will show it in no time. Patience is key here. Worst case scenario these clowns will be dealt with outside of court and we will continue on our path, especially after announcing that deal he's been working on in Bolivia and other countries. This time the PRs will actually boost the PPS instead of killing it with all the land deals. I guess others got the memo about this lawsuit before us and why it was dropping with the announcements of land rights. Of course we still want to know the concentration levels, but think like a CEO, would you buy land that doesnt have value? Come on, they already know the concentration levels. So even if they are horrible levels, which i doubt they are, the PPS will be moving green very soon.