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Tuesday, October 19, 2010 11:05:08 PM
[-b]MMTE Review 10/19/2010 Format[-/b]
[-b]NEW -MOU#2 TURNS INTO L.O.I.for 100%;Review/Networking ideas-08-29-2010 MMTE / Mammoth Energy Group --- price per share scenario.
FORUM;[-/b]
http://investorshub.advfn.com/boards/board.aspx?board_id=10868
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New info as of 10/19/2010 posted by AMA33
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55724972
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=111222072
Interesting....Salt Gold Inter Chile Limitata, Lithium Concessions in Salar de Maricunga
SnapshotPeople Company Overview
Salt Gold Inter Chile Limitata, Lithium Concessions in Salar de Maricunga comprises lithium and potassium reserves spread over an area of approximately 1008 acres and a depth of approximately 100 meters. The reserves are located in Atacama, Chile.
Key Executives
Salt Gold Inter Chile Limitata, Lithium Concessions in Salar de Maricunga does not have any Key Executives recorded.
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Recent Private Companies Transactions
Type Date Target
Merger/Acquisition
August 17, 2010 --
Merger/Acquisition
July 30, 2010
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AMA33 adds it up...
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Date : 07/30/2010 @ 4:30PM
Mammoth Energy Group Signs Memorandum of Understanding on Remaining Lithium Concessions of Salt Gold Inter Chile Limitada
Date : 08/17/2010 @ 4:25PM
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[-b]PART;#1
$30 Million Dollar Deal COMPANY; PLANNED OWNERSHIP SO FAR IS 49%. NOW MOU FOR 100% OF PRIVATE COMPANY.
49%=ROUGHLY $15 MILLION FOR MMTE.[LAND ACRE WORTH SCENARIO;]
IN READING IT DOES INCLUDE MINERAL / LITHIUM WORTH.[-/b]
Contact: Mr. S. Ahshrup Phone: (212) 613-5453
Email: info@mammothenergygroup.comWeb:
http://www.mammothenergygroup.com
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[-b]PART#2
Mammoth Energy Group Signs Memorandum of Understanding on Remaining Lithium Concessions of Salt Gold Inter Chile Limitada[-/b]
http://finance.yahoo.com/q?s=MMTE.PK
[-color=red]
Press Release Source: Mammoth Energy Group Inc. On Tuesday August 17, 2010, 4:25 pm
NEW YORK, NY--(Marketwire - 08/17/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) 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.
"We are pleased to begin to finally wrap up the stake in the Salar de Maricunga," said William Lieberman, President of Mammoth Energy Group.
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http://finance.yahoo.com/q?s=MMTE.PK
[-b]
•Mammoth Energy Group Signs Financial Advisory Agreement With GR WHITE Capital Ltd of Canada
Marketwire(Fri, Aug 13)
[-/b]
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[-b]SEE MESSAGE;[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53337952
http://www.marketwire.com/press-release/Macquarie-Completes-Acquisition-of-Blackmont-Capital-ASX-MQG-1096641.htm
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[-b]
PRIVATE CONCERN ISSUE TO BE VISITED.
VARIFIED ONCE MORE BY CEO. 08-04-10
Mammoth Update - To Shareholders and Stake Holders Wednesday,
first part which is only 49%.
There will be more announcements.
And its cash deal to start -- no dilution
Press Release Source: Mammoth Energy Group, Inc. On Tuesday August 3, 2010, 4:50 pm EDT
NEW YORK, NY--(Marketwire - 08/03/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that the Chilean government recently took the decision to open the business of lithium to private companies.
http://finance.yahoo.com/q?s=MMTE.PK
[-/b]
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[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
http://www.mammothenergygroup.com
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
http://finance.yahoo.com/news/Mammoth-Energy-Group-Signs-iw-434479229
$30 million dollar company land worth with 49% to mmte.
•Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Marketwire(Fri, Jul 30)
MAP AREA WHERE 1st L.O.I.
[-chart]www.geovirtual.cl/MVpaisaje2/cartamaricunga2007jpg.jpg[-/chart]
[-chart]www.geovirtual.cl/MVpaisaje2/cartamaricunga2007jpg.jpg[-/chart]
[-b]IN FULL;[-/b]
Press Release Source: Mammoth Energy Group Inc. On Friday July 30, 2010, 4:30 pm EDT
NEW YORK, NY--(Marketwire - 07/30/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata 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," said William Lieberman.
About Mammoth Energy Group Inc. (Pinksheets:MMTE - News)
HTTP://www.mammothenergygroup.com
Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
•Mammoth Energy Group Comments on President Obama's Visit to Lithium Battery Plant in Michigan
Marketwire(Fri, Jul 16)
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[-b]NEW SHARE STRUCTURE;
Estimated Market Cap - $4,592,376 as of Jul 13, 2010
Outstanding Shares - 3,826,979,891 as of Jun 10, 2010
Authorized Shares - 5,000,000,000 as of Jun 10, 2010
Float(shares) - 1,369,981,805 as of Jun 10, 2010
Number of Shareholders of Record - 1,221 as of Jun 10, 2010 [-
/b]
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excerpt:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52256995&txt2find=mmte
Posted by: swerd96 Date: Wednesday, July 14, 2010 9:28:27 AM
In reply to: Palestine4Life who wrote msg# 18977 Post # of 19056
Restricted shares issued to Salt Gold Inter Chile Limitada is my connect-the-dots guess
Reasons for a lower float are as follows:
1. Insider buying
2. Institutional investor buying
3. Restricted shares issued to Salt Gold Inter Chile Limitada, of Chile
4. MMTE bought back their own shares
*** I think our yet-to-be announced lithium partner has taken a stake 31% stake in mmte. 31% is an estimate based on the reduction in the float of about 1.2 billion shares divided by the current o/s shs of 3.8 billion.
This confirms a deal is imminent
[-b]excerpt:[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52267288
Posted by: swerd96 Date: Wednesday, July 14, 2010 11:53:57 AM
In reply to: Palestine4Life who wrote msg# 19040 Post # of 19060
Credit Suisse put out an Oct 09' report discussing the supply and demand of lithium (it is based on 2008 data but is still relevant imo)
http://www.docstoc.com/docs/12415608/Lithium
On page 11... it says 46% of the global capacity of lithium comes from the Salar de Atacama region of Chile. Rockwood's (Chemetall) had annual capacity of 20K metric tons, and SQM's had annual capacity of 50K metric tons.
On page 12... it says SQM land covers 2,900 sq. km of Salar de Atacama (***remember this number***)
On page 13... it says Chemetall believes they have at least a 50 year supply of lithium
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To answer your question P4L, I can only arrive at valuation based on what Chemetall and SQM have disclosed. Imo, MMTE market value should be a direct correlation to the size of SQM's Salar de Atacama land concession (no. of sq. km). I believe the amount of lithium brine is consistent throughout the Salar de Atacama region, and its too premature to base MMTE valuation on annual capacity.
To value MMTE I would give it a $228 milion mkt cap, and a .06 price target based on the following assumptions.
Assumption # 1:
This .06 price target is based on MMTE having a 160 sq. km concession in Chile, as has been discussed on iHub, divided by the size of SQM's land concession of 2,900 sq. km. This yields 5.5%. (160 sq. km/ 2,900 sq. km) So, MMTE should be valued at 5.5% of the value of SQM's Chilean operations.
Assumption # 2
SQM is a global company with a $9 billion market cap. If we say, 46% of SQM's valuation is derived from their Chilean operations (which is true based on Credit Suisse global capacity figures above,) then SQM's Chilean operations alone are currently valued at $4.14 billion.
Conclusion
If MMTE Chilean operations are 5.5% the size of SQM's (based on sq. km), then MMTE Chilean valuation should be $228 mil ($4.14 billion * 5.5%) and MMTE should have a share price of .06 (based on 3.8 billion shares o/s).
Thoughts, opinions, bows & arrows are all welcomed
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[-b]NEWS brief....07/09/10 [-/b]
Mammoth Energy Group Signs Memorandum of Understanding on Chilean Lithium Concessions
Date : 07/09/2010 @ 4:30PM
Source : MarketWire
Stock : Mammoth Energy Group Inc. (MMTE)
Quote : 0.001 0.0001 (11.11%) @ 4:05PM
Mammoth Energy Group Signs Memorandum of Understanding on Chilean Lithium Concessions
MAMMOTH ENERGY GROUP INC (OTC) (USOTC:MMTE)
Intraday Stock Chart
Today : Saturday 10 July 2010
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
About Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (http://www.mammothenergygroup.com)
Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
Contact:
Contact:Mr. S. AhshrupPhone: (212) 613-5453Email: info@mammothenergygroup.comWeb: http://www.mammothenergygroup.com
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[-b]by balamidas[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51732952
MMTE weekend DD$$$(must read)~
Mammoth Energy Group Inc.
At the close of the 20th century, a new energy paradigm, forged by technological advances, resource and environmental constraints and socioeconomic demands, has begun to emerge. This paradigm is based not on a finite stock of fossil fuels, but on a virtually limitless flow of renewable energy—sun, wind, water, wood, the earth’s heat—and on the most abundant element in the universe: hydrogen. Now as then, the broader implications of this upheaval are likely to be nothing less than revolutionary.
Like the hydrocarbon era that preceded it, the dawning lithium-hydrogen age carries its own set of risks and opportunities, as well as its own set of winners and losers. Nations that anticipate and position themselves for the transition are likely to reap an array of social, economic and environmental benefits.
Lithium Mining
Lithium is the thirty-third most frequently occurring mineral so it’s not exactly scarce, but concentrations are generally too low, and extraction too difficult and costly to be viable. The major trend in the lithium industry has been a transition from hard rock mining-based sources of lithium to brine-based ones. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy raw materials from brine producers.
The economics of obtaining lithium carbonate from brine are so favorable that most hard rock production has been priced out of the market. Lithium brines are currently the only lithium source that can support mining without significant other credits from tantalum, niobium, tin etc., (low manganese content within Nevada’s Clayton Valley brines significantly reduces recovery costs, unlike Chile’s high manganese content brine deposits). Lithium brine resources are now the preferred method of lithium recovery.
Lithium recovery from brines could lead to a huge carbon footprint reduction because of a nearly zero-waste mining method. Once the lithium is recovered the chemicals used can be recycled, also the by-products include saleable compounds such as potash and/or boron.
http://www.mammothenergygroup.net
$ $important note :demand for lithium carbonate doubled from 2003 to 2007, and a report by Credit Suisse states that the market for lithium-ion batteries may expand to 14 times its 2009 size by 2030.$$$
THE PLAY;
on MAY 18 MMTE announced that it is in final discussions with Salt Gold Inter Chile Limitada, of Chile, regarding its Lithium concessions.
-Lithium Chile Concessions acquisition PR is pending on MMTE now
http://finance.yahoo.com/news/Mammoth-Energy
-OTCbb uplisting PR is also expected on MMTE
http://finance.yahoo.com/news/Mammoth-Energy
THE CHART: OPINION.
The last two candlesticks formed a Bullish Meeting Lines Pattern , this is a bullish reversal pattern that marks a potential change in trend.
expect a MAJOR price BREAKOUT from these levels very soon
Balamidas
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51666475
Posted by: Palestine4Life Date: Thursday, June 24, 2010 12:59:16 PM
In reply to: AMA33 who wrote msg# 16951 Post # of 17000
The way I see it, Lithium contracts are roughly $6000 per tonne. The total Salar de Atacama (the land MMTE is getting concessions for) lithium resource was estimated to be in >190,000,000 tonnes lithium carbonate equivalent (35,700,000 tonnes lithium). Depending on how much land MMTE gets (I'm hearing 160 sq KM) will determine how much the land is truly worth.
Assuming Mammoth mines 18,000 tonnes a year, that equals $108 million in annual revenue. Mining for Lithium is very inexpensive as well as compared to mining for gold or coal for example. Nature does most of the work. Check out this video.
http://www.youtube.com/watch?v=wnVybfYK2Io
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ALLEGED PROPERTY IN CHILE/PRIVATE COMPANY IN CHAT;
140 sq km. actual size this lithium deposit is? with increased price per ton now at $6,000.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51223461
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[-b]EXCERPT;[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51234367
06/11/2010 Mammoth releases 2010 First Quarter Report
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32898
During the first quarter of 2010, the Company entered into a Letter of Intent to begin lithium mining operations in Chile. It is currently finalizing contract negotiations to begin the project and expects to begin operations early in the third fiscal quarter of 2010.
[-b]As of March 31, 2010 there are:
5,000,000,000 authorized common shares
2,461,479,891 issued and outstanding common “CA” shares
15,309 issued and outstanding common “C1” shares
205,587 issued and outstanding common “C2” shares
2,460,970,972 common “CA” shares in the float[-/b]
-Current MMTE Market Cap at .0008 -> $1.96 million
-AMEL.ob, another Lithium play with US Lithium holdings, is sporting a market cap $33 million with no revenues as well.
-Similar market cap would place MMTE in the .01 to .015 range.
MMTE is currently 15-20x undervalued here.
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DD on MMTE, Lithium, Chile, Atacama Desert;
MMTE Management
Mr. William Lieberman
Chief Executive Officer and President
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50380897
[-chart]wintercastle.net/wp-content/uploads/2009/04/atacama.gif[-/chart]
[-chart]wintercastle.net/wp-content/uploads/2009/04/atacama.gif[-/chart]
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6-13-10 ; Lithium ABC's
http://www.safehaven.com/article/16202/lithium-abcs
[-b]excerpt; [-/b]
[-b][-color=green]
By: Richard Mills | Wed, Mar 24, 2010
The Puna plateau sits at an elevation of 4,000m, stretches for 1800 km along the Central Andes and attains a width of 350-400 km. The Puna covers a portion of Argentina, Chile and Bolivia and hosts an estimated 70 - 80% of global lithium brine reserves.
a Brine "Mining" Business Model
The salt rich brines are pumped from beneath the crust that's on the salar and fed into a series of large, shallow ponds. Initial 200 to +1,000 parts per million (ppm) lithium brine solution is concentrated by solar evaporation and wind up to 6,000 ppm lithium after 18 - 24 months.
The extraction process is low cost/high margin and battery grade lithium carbonate can be extracted. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy most of their needed raw materials from brine producers.
The major lithium producers, from brine, are the "Lithium Three": Sociedad Quimica y Minera (SQM), Rockwood/Chemetall and FMC.
The Lithium Three are all extracting lithium from Puna Plateau salar brines. The majority of lithium produced today comes from brines in Chile, Argentina and Nevada.
These brines are considered primarily potash deposits with lithium as a by-product.
[-chart]static.safehaven.com/authors/mills/16202.jpg[-/chart]
[-chart]static.safehaven.com/authors/mills/16202.jpg[-/chart]
The above diagram was designed to show that several commercial products can be recovered from typical brine and that the recovery takes place in a series of steps over the entire evaporation process. Note that the final product in each step may require processing in a specialized plant. Also please note that the actual sequence of process steps may vary from brine to brine, and as such, the process steps shown above may not be in the correct order for any specific brine.
SQM's Atacama brine deposits have the highest lithium content on the Puna - yet just 11% of its 2009 revenues were from lithium - 70% of SQM's revenues are from fertilizers. SQM is the world's largest producer of lithium and lithium is SQM's highest gross margin product at +50%.
Lithium
The world's future energy course is being charted today because of the ramifications of peak oil and a need to reduce our carbon footprints.
A whole new industry - a global wide automotive and industrial lithium-ion battery industry - is going to be built. As a result of lithium-ion battery demand for hybrid-electric and electric cars the increase in demand for lithium carbonate is expected to increase four-fold by 2017.
Lithium-ion batteries have become the rechargeable battery of choice in cell phones, computers, hybrid-electric cars and electric cars. Chrysler, Dodge, Ford, GM, Mercedes-Benz, Mitsubishi, Nissan, Saturn, Tesla and Toyota have all announced plans to build lithium-ion battery powered cars.
Demand for lithium powered vehicles is expected to increase fivefold by 2012. The worldwide market for lithium batteries is estimated at over $4 billion per year.
Lithium carbonate is also an important industrial chemical:
• It forms low-melting fluxes with silica and other materials
• Glasses derived from lithium carbonate are useful in ovenware
• Cement sets more rapidly when prepared with lithium carbonate, and is useful for tile adhesives
• When added to aluminum trifluoride, it forms LiF which gives a superior electrolyte for the processing of aluminum
• Lithium carbonate can be used in a type of carbon dioxide sensor.
Demand today is in the range of 120,000 tonnes of lithium carbonate equivalent (LCE) annually. Lithium is not traded publicly - and is usually distributed in a chemical form such as lithium carbonate (Li2CO3) - instead it's sold directly to end users for a negotiated price per tonne of Lithium carbonate (Li2CO3).
Production figures are often quoted in lithium carbonate equivalent quantities. By weight approximately 18.8% of lithium carbonate is lithium. Therefore 1kg of lithium is the equivalent of 5.3 kg of lithium carbonate.
"We are projecting 40% Li demand increase by 2014, with batteries accounting for 34% of use, the largest single end-use segment." Jon Hykawy, analyst Byron Capital Markets
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http://www.youtube.com/watch?v=VQ59WHzU9Lc
Lithium-A Mineral that can save the planet - Lithium
http://www.youtube.com/watch?v=lCetmbHgl9I
http://macedoniaonline.eu/content/view/6848/49/
Lithium: the ‘new oil’
http://www.jdsupra.com/post/documentViewer.aspx?fid=aa823cc1-9e2f-4a4c-a4c8-8d1fc7437661
Is Lithium the 21st Century's Oil?
What is Lithium?
http://seekingalpha.com/instablog/462107-erik-bethel/55904-is-lithium-the-21st-century-s-oil-part-2
[-b]excerpt;[-/b]
Chile: Salar de Atacama - is the largest salt flat in Chile. It is located south of San Pedro de Atacama, is surrounded by mountains. The Salar de Atacama contains one of the largest and best quality reserves of lithium-brine in the world with high concentrations of potassium, lithium and boron. A US Geological survey estimate pegs the reserve base of the Salar de Atacama to be around 3MM tons while the Chilean State mining agency (CORFO) estimates it to be 4.5MM tons.
The largest lithium chloride producer in Chile is SQM, a US$10 billion stock market value firm listed on the New York Stock Exchange
Lithium is not traded publicly, instead it's sold directly to end users for a negotiated price per ton or pound of Lithium carbonate (Li2CO3). High demand and low supply has recently caused reported paid end user prices to reach US $6,600.00 ton.
But right now price isn't the issue, rather the issue is one of supply. Demand for lithium is increasing and Mitsubishi Motors Corp. anticipates that demand will increase fivefold to meet the needs of electric vehicles. At present, demand in North America is about 100,000 tonnes of lithium carbonate equivalent.
There's one unit of lithium in a cell phone battery, 3,000 units in a hybrid car and 7,000 units in an electric car; the numbers work out to 9 to 30 kilograms of lithium oxide per car battery. One of President Obama's goals is 1,000,000 built in America hybrid cars on American roads by 2015. The automotive industry needs a secure uninterrupted supply of lithium to ramp up its production of the next generation of hybrid electric vehicles using lithium-ion batteries.
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50133060
three combination information;VIDEO , CHILE#1 and LITHIUM use.
CBS News Report on Lithium 2010 - Visit to Chile, Argentina, Bolivia
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50108816
http://youtube.com/watch?v=VQ59WHzU9Lc
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50120151
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[-b]MMTE History[-/b]
Mammoth Energy Group, Inc (MMTE)
OLD IBOX COMPANY WAS OKLA. OIL AND NATURAL GAS.
[-b]FROM IBOX:[-/b]
http://investorshub.advfn.com/boards/board.aspx?board_id=10868
[-chart]www.ssqq.com/archive/images/dubai09.jpg[-/chart]
[-chart]www.ssqq.com/archive/images/dubai09.jpg[-/chart]
308 Al Maktoum Building
Al Maktoum Street
Deira, Dubai 51696
Vismay Sheth – President / CEO ?????
Counsel :
Bruce M. Pritchet
MARTIN & PRITCHETT, P.A.
Securities Attorneys
17115 Kenton Drive, Suite 202A
Cornelius, NC 28031
Tel: (704) 584-0269
Fax: (704) 895-1528
http://www.martinpritchett.com ?????
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NOT SURE THE ABOVE STILL IS CURRENT!
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[-b]FROM WEBSITE:[-/b]
http://www.mammothenergygroup.com
[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/corp-resp.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/corp-resp.jpg[-/chart]
[-b]Vision[-/b]
To be the worlds best Lithium Company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
[-b]Mammoth’s Core Values[-/b]
As we conduct our business around the world, we have always been guided by our commitment to responsible behavior. In practice, this translates into bringing long-term benefits to the communities where we operate, and fostering a culture of excellence and collaboration among all of our stakeholders. By upholding the Mammoth Core Values in everything we do, we open up opportunities to earn the trust of our stakeholders and to create shared value.
[-b]The Future of Energy[-/b]
In the future, civilization will be forced to research and develop alternative energy sources. Our current rate of fossil fuel usage will lead to an energy crisis this century. In order to survive the energy crisis many companies in the energy industry are inventing new ways to extract energy from renewable sources. While the rate of development is slow, mainstream awareness and government pressures are growing.
Technological change alone cannot account for the emergence of the new energy paradigm. Past transitions—from wood to coal, from coal to oil—have also been influenced by a volatile mix of forces, including resource limitations and environmental and socioeconomic issues. America’s oil-based economy developed from new technologies, the discovery of plentiful oil, the desire for cleaner alternatives to horse-drawn carriages and the popularity of gas-lighting. Similar forces exist today, though their relative importance has changed in significant ways.
New potential US based lithium supply side companies are coming and early strategic investors are already positioning themselves. It’s not often in an investor’s life they get the opportunity to invest in something so profound, something so huge it constitutes a sea change in the way we go about our daily business. With the full might of the Office of the President of the United States of America behind it the push for electrification is becoming a reality, and because of this new reality in America, lithium might just become the commodity of choice for investors.
[-b]Current Energy Trends[-/b]
90% of global oil and gas reserves are either partially or fully controlled by governments $271 billion net U.S. trade deficit caused by petroleum imports 97% of all transportation in the United States is fueled by oil
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http://www.mammothenergygroup.com/
Mammoth Energy Group Inc.
Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy’s goal is to become an important partner as the world’s energy paradigm begins to change throughout the next decade and beyond.
Throughout the early part of the 21st century traditional oil and gas deposits will remain an important part of laying the future of an ever expanding energy network. But there is undeniable strength towards the increasing demand in green technologies and the coming green energy revolution which will impact every person in the world. This green revolution will transform the world’s economy off the dependence of hydro-carbons and will include the commoditization of energy and the development of many new industries we can not yet imagine.
Mammoth Energy Group will be an integral link in developing energy and mining projects that take advantage of this renewable energy shift and we will help to create the coming new energy paradigm for the 21st century.
So we have a choice to make. We can remain one of the world’s leading importers of foreign oil, or we can make the investments that would allow us to become the world’s leading exporter of renewable energy.
[-chart]www.mammothenergygroup.com/i/yt/chiles-underground-riches.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/yt/chiles-underground-riches.jpg[-/chart]
[-b]Latest News[-/b]
Mammoth Energy Group Announces Move Into Developing Alternative Energy Sources (Marketwire)
Mammoth Energy Group Announces New Initiative in Alternative Energy Mining and Exploration (Marketwire)
Mammoth Energy Group Moves to PS Status (Marketwire)
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[-b]CLEAN ENERGY;[-/b]
[-chart]www.mammothenergygroup.com/i/titles/clean-energy.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/clean-energy.jpg[-/chart]
[-b]A New Energy Paradigm for the 21st Century [-/b]
At the close of the 20th century, a new energy paradigm, forged by technological advances, resource and environmental constraints and socioeconomic demands, has begun to emerge. This paradigm is based not on a finite stock of fossil fuels, but on a virtually limitless flow of renewable energy—sun, wind, water, wood, the earth’s heat—and on the most abundant element in the universe: hydrogen. Now as then, the broader implications of this upheaval are likely to be nothing less than revolutionary.
Like the hydrocarbon era that preceded it, the dawning lithium-hydrogen age carries its own set of risks and opportunities, as well as its own set of winners and losers. Nations that anticipate and position themselves for the transition are likely to reap an array of social, economic and environmental benefits.
[-b]Lithium Mining[-/b]
Lithium is the thirty-third most frequently occurring mineral so it’s not exactly scarce, but concentrations are generally too low, and extraction too difficult and costly to be viable. The major trend in the lithium industry has been a transition from hard rock mining-based sources of lithium to brine-based ones. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy raw materials from brine producers.
The economics of obtaining lithium carbonate from brine are so favorable that most hard rock production has been priced out of the market. Lithium brines are currently the only lithium source that can support mining without significant other credits from tantalum, niobium, tin etc., (low manganese content within Nevada’s Clayton Valley brines significantly reduces recovery costs, unlike Chile’s high manganese content brine deposits). Lithium brine resources are now the preferred method of lithium recovery.
Lithium recovery from brines could lead to a huge carbon footprint reduction because of a nearly zero-waste mining method. Once the lithium is recovered the chemicals used can be recycled, also the by-products include saleable compounds such as potash and/or boron.
[-b]Securing our Energy Future[-/b]
Our reliance on oil poses a threat to our economic security. Over the last few decades, we have watched our economy rise and fall along with the price of a barrel of oil. We must commit ourselves to an economic future in which the strength of our economy is not tied to the unpredictability of oil markets.
We must make the investments in clean energy sources that will curb our dependence on fossil fuels and make America energy independent.
Breaking Dependence on Oil.
Promote the next generation of cars and trucks and the fuels they run on.
Producing More Energy at Home.
Enhance U.S. energy supplies through responsible development of domestic renewable energy, fossil fuels, advanced biofuels and nuclear energy.
According to the USGS, overall demand for lithium is growing at a rate of 4-5% per year
Demand for lithium destined for battery usage is predicted to grow by 20% per year Over 60% of mobile phones and 90% of laptop computers feature Lithium Ion batteries The worldwide market for rechargeable lithium batteries is estimated to be worth over $4 billion/year The automotive market alone is projected to reach $337 million in 2012, and $1.6 billion in 2015
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[-b]INVESTORS:[-/b]
[-chart]www.mammothenergygroup.com/i/titles/investors.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/investors.jpg[-/chart]
[-b]Lithium [-/b]
To achieve the technological breakthroughs that are currently under way the United States and the world is going to need batteries that are cheaper, more durable and more powerful then the current nickel-metal-hydride (NiMh) batteries. Because of groundbreaking research there is already an answer being voiced, lithium-ion. With double the “energy density” of today’s standard NiMh batteries lithium-ion cells have emerged as the leading battery technology to power hybrid vehicles.
This battery is absolutely critical to the nations energy plan, and the need for such a battery for energy storage if he’s going to replace much of the nation’s oil imports with US nuclear, solar, wind and geothermal eco-friendly generated electricity. The demand for lithium will rise many times over present day production with the coming runaway demand for eco-vehicles.
Where will the Lithium come from?
As electricity starts to replace gasoline in America the country could very well be running the risk of replacing its dependence on foreign oil for a dependence on foreign lithium or foreign produced lithium cells.
Lithium is not traded publicly; instead it’s sold directly to end users for a negotiated price per ton or pound of Lithium carbonate (Li2CO3). High demand and low supply has recently caused reported paid end user prices to reach US $6,600.00 ton.
There’s one unit of lithium in a cell phone battery, 3,000 units in a hybrid car and 7,000 units in an electric car; the numbers work out to 9 to 30 kilograms of lithium oxide per car battery.
One of the current administrations goals is to have and to build 1,000,000 new America hybrid cars and have them on the road by 2015. The automotive industry needs a secure uninterrupted supply of lithium to ramp up its production of the next generation of hybrid electric vehicles using lithium-ion batteries.
=====================================================
[-b]The Future of Lithium [-/b]
Lithium will soon begin to dominate the markets and politics of the 21st Century through new global supply chains and trade agreements between resource providers and battery manufacturers.
Deposits of lithium are found in South America throughout the Andes mountain chain. Chile is currently the leading lithium metal producer, followed by Argentina and nearly 85% of the worlds known Lithium reserves are found in this region.
Boliva, which currently has no commercial Lithium Mining companies, as a country holds the largest Lithium Deposits in the world.
In the latter years of the 20th century lithium has become important as an anode material. Used in lithium-ion batteries because of its high electrochemical potential, a typical cell can generate approximately 3 volts, compared with 2.1 volts for lead/acid or 1.5 volts for zinc cells. Because of its low atomic mass, it also has a high charge— and power-to-weight ratio.
[-b]Lithium-ion battery[-/b]
A Lithium-ion battery is a type of rechargeable battery in which lithium ions move from the anode to cathode during discharge, and from the cathode to the anode when charged. Different types of lithium-ion batteries use different chemistry and have different performance, cost, and safety characteristics. Unlike primary lithium batteries, lithium-ion cells use an intercalated lithium compound as the electrode material instead of metallic lithium.
Lithium ion batteries are common in consumer electronics. They are one of the most popular types of battery for portable electronics, with one of the best energy-to-weight ratios, no memory effect, and a slow loss of charge when not in use. In addition to uses for consumer electronics, lithium-ion batteries are growing in popularity for defense, automotive, and aerospace applications due to their high energy density.
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[-b]MANAGEMENT TEAM;[-/b]
[-chart]www.mammothenergygroup.com/i/titles/man-team.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/man-team.jpg[-/chart]
Mr. William Lieberman
Chief Executive Officer and President
[-b]Excerpt:[-/b]
Mr. Lieberman is the former President of Trilliant Exploration Corp., a gold mining operation with assets in southern Ecuador and nearly 200 employees in full scale mining production with reserves of nearly 1.2 million oz. He worked closely and was intimately involved in all stages of financing and development of Trilliant Exploration
Samir Ahshrup
Secretary and Chief Operating Officer
[-b]Excerpt;[-/b]
Working internationally his expertise has lied in strategy formulation and program implementation through out Fortune 500 firms. He began his career with the consulting company Traderoof and in 2005 he joined the Computer Science Corporation, in which he led the consulting team that designed Maybank’s online cash management system in Malaysia.
[-b]Legal[-/b]
Sayid & Associates, LLP
Mr. M. David Sayid, Managing Partner
New York, New York
[-b]Accounting[-/b]
Executive Services Group
Mr. Edward J. de Parma, President
New York, New York
[-b]Transfer Agent[-/b]
Transfer Online, Inc.
317 SW Alder Street, 2nd Floor
Portland, Oregon
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[-chart]www.otcmarkets.com/content/doc/ps/tier/logo/20.gif[-/chart]
[-chart]www.otcmarkets.com/content/doc/ps/tier/logo/20.gif[-/chart]
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=mmte
[-b]Contact Information;[-/b]
Mammoth Energy Group, Inc.
545 Eighth Avenue
Suite 401
New York, NY 10018
http://www.mammothenergygroup.net
Phone: 212-613-5453 212-613-5453
Fax: 212-501-2082
E-mail: info@mammothenergygroup.com
[-b]Business Description;[-/b]
Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
[-b]Estimated Market Cap
$738,810 as of Mar 26, 2010
Outstanding Shares
2,462,700,787 as of Mar 9, 2010
Authorized Shares
5,000,000,000 as of Dec 31, 2009
Float(shares)
2,462,700,787 as of Mar 9, 2010
Number of Shareholders of Record
1,198 as of Mar 9, 2010 [-/b]
[-b]Update; 07-14-10;
Estimated Market Cap
$4,592,376 as of Jul 13, 2010
Outstanding Shares - 3,826,979,891 as of Jun 10, 2010
Authorized Shares - 5,000,000,000 as of Jun 10, 2010
Float(shares) - 1,369,981,805 as of Jun 10, 2010
Number of Shareholders of Record - 1,221 as of Jun 10, 2010 [-/b]
[-b]Transfer Agent
Transfer Online
512 SE Salmon
Portland, OR 97214
Auditor/Accountant
Executive Services Group
1230 Avenue of the Americas
7th Floor
New York City, NY 10020
Legal Counsel
Sayid and Associates, LLP
408 West 57th Street,
Suite 8E
New York, NY 10019 [-/b]
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[-b]yhoo quote;[-/b]
http://finance.yahoo.com/q;_ylt=AjeZ4k7jw46tXTc0px16hH7xVax_;_ylu=X3oDMTE2ZG11ZWFhBHBvcwMxMQRzZWMDc3ltTG9va3VwUmVzdWx0cwRzbGsDbW10ZXBr?s=MMTE.PK
[-b]YHOO;[-/b]
http://search.yahoo.com/search?p=Mammoth+Energy+Group%2C+Inc+%28MMTE%29+&fr=ush1-finance&ygmasrchbtn=Web+Search
Google Quote;
http://www.google.com/finance?q=mmte
GOOG
http://www.google.com/search?pz=1&cf=all&ned=us&hl=en&q=Mammoth+Energy+Group%2C+Inc+(MMTE)&btnmeta%3Dsearch%3Dsearch=Search+the+Web
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Links:
http://www.marketwatch.com/
http://www.msnbc.msn.com/
http://www.otcbb.com/
http://americanbulls.com/
http://www.hoovers.com/
http://www.tradingmarkets.com/
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CHART;http://charts3.barchart.com/chart.asp?sym=MMTE&data=A&jav=adv&vol=Y&divd=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=
QUOTE;http://quote.barchart.com/quote.asp?sym=MMTE
TECHS;http://quote.barchart.com/techrept.asp?sym=MMTE
OPINION;http://quote.barchart.com/texpert.asp?sym=MMTE
SNAPSHOT;http://quote.barchart.com/texsnap.asp?sym=MMTE
ADVANCE TECHS;http://quote.barchart.com/texadv.asp?sym=MMTE
PERFORMANCE;http://quote.barchart.com/performance.asp?sym=MMTE
PROJECTION;http://charts3.barchart.com/procal.asp?sym=MMTE
[-chart]charts3.barchart.com/custom/tc/MMTE.GIF[-/chart]
[-chart]charts3.barchart.com/custom/tc/MMTE.GIF[-/chart]
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http://stockcharts.com/h-sc/ui?s=mmte&p=D&yr=1&mn=0&dy=0&id=p86775379241
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[-b]Template: RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB
COLOR BLIND.[-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=15&i=p47868087965&a=173461334&r=537[-/chart]
Template: RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB
COLOR BLIND.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=15&i=p47868087965&a=173461334&r=537[-/chart]
[-b]TWO YEAR CHART: [-/b]
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-524-03NA000000mmte-&SF:6|8|27-SH:8=200|27=10-WD=539-HT=395-[-/chart]
TWO YEAR CHART:
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-524-03NA000000mmte-&SF:6|8|27-SH:8=200|27=10-WD=539-HT=395-[-/chart]
[-b]20 50 200MA,,,VOLUME - PPO - CMF - SLO STO % PRICES. [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=5&dy=0&i=p45212469049&r=6823[-/chart]
20 50 200MA,,,VOLUME - PPO - CMF - SLO STO % PRICES.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=5&dy=0&i=p45212469049&r=6823[-/chart]
[-b]rigs;one year, 50ma-200ma,RSI,MACD, VOLUME. [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=12&dy=0&i=p01265665394&r=5025[-/chart]
rigs;one year, 50ma-200ma,RSI,MACD, VOLUME.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=12&dy=0&i=p01265665394&r=5025[-/chart]
[-b]cha-ching --- CC, 6-mos---cci[20]ema[7],cci[70]-ema[20]50ma-150ema-200ma, volume, william % [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=6&dy=0&i=p53376685481&a=171265373&r=225[-/chart]
cha-ching --- CC, 6-mos---cci[20]ema[7],cci[70]-ema[20]50ma-150ema-200ma, volume, william %
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=6&dy=0&i=p53376685481&a=171265373&r=225[-/chart]
[-b]5MA---10MA---20MA PPO---ADX---TRIX---VOLUME [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=0&i=p78292400264&r=8528[-/chart]
5MA---10MA---20MA PPO---ADX---TRIX---VOLUME
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=0&i=p78292400264&r=8528[-/chart]
[-b]HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND. [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=W&yr=3&mn=0&dy=0&i=p22053646375&r=[-/chart]
HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=W&yr=3&mn=0&dy=0&i=p22053646375&r=[-/chart]
http://stockta.com/
Template;
[-chart]www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=mmte&size=analysis&support=0.02,8,0.03,4,0.04,4,0.04,7,0.04,2,0.05,6,0.06,6,0.06,2,0.07,3,0.08,3,0.12,2&trend=[-/chart]
[-chart]www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=mmte&size=analysis&support=0.02,8,0.03,4,0.04,4,0.04,7,0.04,2,0.05,6,0.06,6,0.06,2,0.07,3,0.08,3,0.12,2&trend=[-/chart]
[-b]2ma-5ma-50ma-200ma-bb with several trendlines. --- kens charting. [-/b]
[-chart]stockcharts.com/c-sc/sc?chart=mmte,uu[w,a]dhclyiay[db][pb2!b5!b50!b200!d20,2][iut!uo8!ub5!ua5,15,10!uv8!lk9!ll5!lc15!up5,5][j20444984,y]&r=3555[-/chart]
2ma-5ma-50ma-200ma-bb with several trendlines. --- kens charting.
[-chart]stockcharts.com/c-sc/sc?chart=mmte,uu[w,a]dhclyiay[db][pb2!b5!b50!b200!d20,2][iut!uo8!ub5!ua5,15,10!uv8!lk9!ll5!lc15!up5,5][j20444984,y]&r=3555[-/chart]
http://www.investopedia.com/terms/h/hammer.asp --- Explanation Formations.
[-b]MONTHLY VOLUME REPORT;[-/b]
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=mmte&SortBy=volume&Month=2-1-2010&IMAGE1.x=14&IMAGE1.y=5y
[-b]10yr, Chart [-/b]
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-5120-03NA000000mmte-&SF:1|39|38|8|27-SH:8=20|27=10-WD=539-HT=395-[-/chart]
10yr, Chart
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-5120-03NA000000mmte-&SF:1|39|38|8|27-SH:8=20|27=10-WD=539-HT=395-[-/chart]
[-i][-b]enjoy da mick
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. [-/b][-/i]
[-b]NEW -MOU#2 TURNS INTO L.O.I.for 100%;Review/Networking ideas-08-29-2010 MMTE / Mammoth Energy Group --- price per share scenario.
FORUM;[-/b]
http://investorshub.advfn.com/boards/board.aspx?board_id=10868
==========================================================
New info as of 10/19/2010 posted by AMA33
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55724972
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=111222072
Interesting....Salt Gold Inter Chile Limitata, Lithium Concessions in Salar de Maricunga
SnapshotPeople Company Overview
Salt Gold Inter Chile Limitata, Lithium Concessions in Salar de Maricunga comprises lithium and potassium reserves spread over an area of approximately 1008 acres and a depth of approximately 100 meters. The reserves are located in Atacama, Chile.
Key Executives
Salt Gold Inter Chile Limitata, Lithium Concessions in Salar de Maricunga does not have any Key Executives recorded.
Similar Private Companies By Industry
Company Name Region
ACF Minera S.A. Americas
Petroquim S.A. Americas
Inpex North Peru Ltd. Americas
Cytec Chile Limitada Americas
Georgia-Pacific Masisa Resinas Ltda Americas
Recent Private Companies Transactions
Type Date Target
Merger/Acquisition
August 17, 2010 --
Merger/Acquisition
July 30, 2010
==================================================================
AMA33 adds it up...
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Date : 07/30/2010 @ 4:30PM
Mammoth Energy Group Signs Memorandum of Understanding on Remaining Lithium Concessions of Salt Gold Inter Chile Limitada
Date : 08/17/2010 @ 4:25PM
==================================================================
[-b]PART;#1
$30 Million Dollar Deal COMPANY; PLANNED OWNERSHIP SO FAR IS 49%. NOW MOU FOR 100% OF PRIVATE COMPANY.
49%=ROUGHLY $15 MILLION FOR MMTE.[LAND ACRE WORTH SCENARIO;]
IN READING IT DOES INCLUDE MINERAL / LITHIUM WORTH.[-/b]
Contact: Mr. S. Ahshrup Phone: (212) 613-5453
Email: info@mammothenergygroup.comWeb:
http://www.mammothenergygroup.com
===========================================================
[-b]PART#2
Mammoth Energy Group Signs Memorandum of Understanding on Remaining Lithium Concessions of Salt Gold Inter Chile Limitada[-/b]
http://finance.yahoo.com/q?s=MMTE.PK
[-color=red]
Press Release Source: Mammoth Energy Group Inc. On Tuesday August 17, 2010, 4:25 pm
NEW YORK, NY--(Marketwire - 08/17/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) 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.
"We are pleased to begin to finally wrap up the stake in the Salar de Maricunga," said William Lieberman, President of Mammoth Energy Group.
[-/color]
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http://finance.yahoo.com/q?s=MMTE.PK
[-b]
•Mammoth Energy Group Signs Financial Advisory Agreement With GR WHITE Capital Ltd of Canada
Marketwire(Fri, Aug 13)
[-/b]
===========================================================
[-b]SEE MESSAGE;[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53337952
http://www.marketwire.com/press-release/Macquarie-Completes-Acquisition-of-Blackmont-Capital-ASX-MQG-1096641.htm
===========================================================
[-b]
PRIVATE CONCERN ISSUE TO BE VISITED.
VARIFIED ONCE MORE BY CEO. 08-04-10
Mammoth Update - To Shareholders and Stake Holders Wednesday,
first part which is only 49%.
There will be more announcements.
And its cash deal to start -- no dilution
Press Release Source: Mammoth Energy Group, Inc. On Tuesday August 3, 2010, 4:50 pm EDT
NEW YORK, NY--(Marketwire - 08/03/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that the Chilean government recently took the decision to open the business of lithium to private companies.
http://finance.yahoo.com/q?s=MMTE.PK
[-/b]
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[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
http://www.mammothenergygroup.com
Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
http://finance.yahoo.com/news/Mammoth-Energy-Group-Signs-iw-434479229
$30 million dollar company land worth with 49% to mmte.
•Mammoth Energy Group Signs First Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile
Marketwire(Fri, Jul 30)
MAP AREA WHERE 1st L.O.I.
[-chart]www.geovirtual.cl/MVpaisaje2/cartamaricunga2007jpg.jpg[-/chart]
[-chart]www.geovirtual.cl/MVpaisaje2/cartamaricunga2007jpg.jpg[-/chart]
[-b]IN FULL;[-/b]
Press Release Source: Mammoth Energy Group Inc. On Friday July 30, 2010, 4:30 pm EDT
NEW YORK, NY--(Marketwire - 07/30/10) - Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it has signed a Letter of Intent to acquire forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitata's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.
"We are very pleased to be making this first of many announcements on the official signing of the Letter of intent to acquire Salt Gold Inter Chile's lithium concessions," announced William Lieberman, President of Mammoth Energy Group. "This is the first of many strategic moves for Mammoth Energy Group," he added.
Salt Gold Inter Chile Limitata 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," said William Lieberman.
About Mammoth Energy Group Inc. (Pinksheets:MMTE - News)
HTTP://www.mammothenergygroup.com
Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
•Mammoth Energy Group Comments on President Obama's Visit to Lithium Battery Plant in Michigan
Marketwire(Fri, Jul 16)
==========================================================
[-b]NEW SHARE STRUCTURE;
Estimated Market Cap - $4,592,376 as of Jul 13, 2010
Outstanding Shares - 3,826,979,891 as of Jun 10, 2010
Authorized Shares - 5,000,000,000 as of Jun 10, 2010
Float(shares) - 1,369,981,805 as of Jun 10, 2010
Number of Shareholders of Record - 1,221 as of Jun 10, 2010 [-
/b]
==========================================================
excerpt:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52256995&txt2find=mmte
Posted by: swerd96 Date: Wednesday, July 14, 2010 9:28:27 AM
In reply to: Palestine4Life who wrote msg# 18977 Post # of 19056
Restricted shares issued to Salt Gold Inter Chile Limitada is my connect-the-dots guess
Reasons for a lower float are as follows:
1. Insider buying
2. Institutional investor buying
3. Restricted shares issued to Salt Gold Inter Chile Limitada, of Chile
4. MMTE bought back their own shares
*** I think our yet-to-be announced lithium partner has taken a stake 31% stake in mmte. 31% is an estimate based on the reduction in the float of about 1.2 billion shares divided by the current o/s shs of 3.8 billion.
This confirms a deal is imminent
[-b]excerpt:[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52267288
Posted by: swerd96 Date: Wednesday, July 14, 2010 11:53:57 AM
In reply to: Palestine4Life who wrote msg# 19040 Post # of 19060
Credit Suisse put out an Oct 09' report discussing the supply and demand of lithium (it is based on 2008 data but is still relevant imo)
http://www.docstoc.com/docs/12415608/Lithium
On page 11... it says 46% of the global capacity of lithium comes from the Salar de Atacama region of Chile. Rockwood's (Chemetall) had annual capacity of 20K metric tons, and SQM's had annual capacity of 50K metric tons.
On page 12... it says SQM land covers 2,900 sq. km of Salar de Atacama (***remember this number***)
On page 13... it says Chemetall believes they have at least a 50 year supply of lithium
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To answer your question P4L, I can only arrive at valuation based on what Chemetall and SQM have disclosed. Imo, MMTE market value should be a direct correlation to the size of SQM's Salar de Atacama land concession (no. of sq. km). I believe the amount of lithium brine is consistent throughout the Salar de Atacama region, and its too premature to base MMTE valuation on annual capacity.
To value MMTE I would give it a $228 milion mkt cap, and a .06 price target based on the following assumptions.
Assumption # 1:
This .06 price target is based on MMTE having a 160 sq. km concession in Chile, as has been discussed on iHub, divided by the size of SQM's land concession of 2,900 sq. km. This yields 5.5%. (160 sq. km/ 2,900 sq. km) So, MMTE should be valued at 5.5% of the value of SQM's Chilean operations.
Assumption # 2
SQM is a global company with a $9 billion market cap. If we say, 46% of SQM's valuation is derived from their Chilean operations (which is true based on Credit Suisse global capacity figures above,) then SQM's Chilean operations alone are currently valued at $4.14 billion.
Conclusion
If MMTE Chilean operations are 5.5% the size of SQM's (based on sq. km), then MMTE Chilean valuation should be $228 mil ($4.14 billion * 5.5%) and MMTE should have a share price of .06 (based on 3.8 billion shares o/s).
Thoughts, opinions, bows & arrows are all welcomed
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[-b]NEWS brief....07/09/10 [-/b]
Mammoth Energy Group Signs Memorandum of Understanding on Chilean Lithium Concessions
Date : 07/09/2010 @ 4:30PM
Source : MarketWire
Stock : Mammoth Energy Group Inc. (MMTE)
Quote : 0.001 0.0001 (11.11%) @ 4:05PM
Mammoth Energy Group Signs Memorandum of Understanding on Chilean Lithium Concessions
MAMMOTH ENERGY GROUP INC (OTC) (USOTC:MMTE)
Intraday Stock Chart
Today : Saturday 10 July 2010
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, regarding its high concentration lithium concessions.
Salt Gold Inter Chile Limitada lithium concessions are found in the North West region of Chile in the heart of the Lithium belt stretching across Bolivia, Chile and Argentina.
"To date surface sampling has been completed over almost all the entire concession," commented Mr. William Lieberman, President of Mammoth Energy Group. "We expect to announce our developments in the immediate future and look forward to the analytical results."
About Mammoth Energy Group Inc. (PINKSHEETS: MMTE) (http://www.mammothenergygroup.com)
Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
Contact:
Contact:Mr. S. AhshrupPhone: (212) 613-5453Email: info@mammothenergygroup.comWeb: http://www.mammothenergygroup.com
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[-b]by balamidas[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51732952
MMTE weekend DD$$$(must read)~
Mammoth Energy Group Inc.
At the close of the 20th century, a new energy paradigm, forged by technological advances, resource and environmental constraints and socioeconomic demands, has begun to emerge. This paradigm is based not on a finite stock of fossil fuels, but on a virtually limitless flow of renewable energy—sun, wind, water, wood, the earth’s heat—and on the most abundant element in the universe: hydrogen. Now as then, the broader implications of this upheaval are likely to be nothing less than revolutionary.
Like the hydrocarbon era that preceded it, the dawning lithium-hydrogen age carries its own set of risks and opportunities, as well as its own set of winners and losers. Nations that anticipate and position themselves for the transition are likely to reap an array of social, economic and environmental benefits.
Lithium Mining
Lithium is the thirty-third most frequently occurring mineral so it’s not exactly scarce, but concentrations are generally too low, and extraction too difficult and costly to be viable. The major trend in the lithium industry has been a transition from hard rock mining-based sources of lithium to brine-based ones. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy raw materials from brine producers.
The economics of obtaining lithium carbonate from brine are so favorable that most hard rock production has been priced out of the market. Lithium brines are currently the only lithium source that can support mining without significant other credits from tantalum, niobium, tin etc., (low manganese content within Nevada’s Clayton Valley brines significantly reduces recovery costs, unlike Chile’s high manganese content brine deposits). Lithium brine resources are now the preferred method of lithium recovery.
Lithium recovery from brines could lead to a huge carbon footprint reduction because of a nearly zero-waste mining method. Once the lithium is recovered the chemicals used can be recycled, also the by-products include saleable compounds such as potash and/or boron.
http://www.mammothenergygroup.net
$ $important note :demand for lithium carbonate doubled from 2003 to 2007, and a report by Credit Suisse states that the market for lithium-ion batteries may expand to 14 times its 2009 size by 2030.$$$
THE PLAY;
on MAY 18 MMTE announced that it is in final discussions with Salt Gold Inter Chile Limitada, of Chile, regarding its Lithium concessions.
-Lithium Chile Concessions acquisition PR is pending on MMTE now
http://finance.yahoo.com/news/Mammoth-Energy
-OTCbb uplisting PR is also expected on MMTE
http://finance.yahoo.com/news/Mammoth-Energy
THE CHART: OPINION.
The last two candlesticks formed a Bullish Meeting Lines Pattern , this is a bullish reversal pattern that marks a potential change in trend.
expect a MAJOR price BREAKOUT from these levels very soon
Balamidas
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51666475
Posted by: Palestine4Life Date: Thursday, June 24, 2010 12:59:16 PM
In reply to: AMA33 who wrote msg# 16951 Post # of 17000
The way I see it, Lithium contracts are roughly $6000 per tonne. The total Salar de Atacama (the land MMTE is getting concessions for) lithium resource was estimated to be in >190,000,000 tonnes lithium carbonate equivalent (35,700,000 tonnes lithium). Depending on how much land MMTE gets (I'm hearing 160 sq KM) will determine how much the land is truly worth.
Assuming Mammoth mines 18,000 tonnes a year, that equals $108 million in annual revenue. Mining for Lithium is very inexpensive as well as compared to mining for gold or coal for example. Nature does most of the work. Check out this video.
http://www.youtube.com/watch?v=wnVybfYK2Io
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ALLEGED PROPERTY IN CHILE/PRIVATE COMPANY IN CHAT;
140 sq km. actual size this lithium deposit is? with increased price per ton now at $6,000.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51223461
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[-b]EXCERPT;[-/b]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51234367
06/11/2010 Mammoth releases 2010 First Quarter Report
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=32898
During the first quarter of 2010, the Company entered into a Letter of Intent to begin lithium mining operations in Chile. It is currently finalizing contract negotiations to begin the project and expects to begin operations early in the third fiscal quarter of 2010.
[-b]As of March 31, 2010 there are:
5,000,000,000 authorized common shares
2,461,479,891 issued and outstanding common “CA” shares
15,309 issued and outstanding common “C1” shares
205,587 issued and outstanding common “C2” shares
2,460,970,972 common “CA” shares in the float[-/b]
-Current MMTE Market Cap at .0008 -> $1.96 million
-AMEL.ob, another Lithium play with US Lithium holdings, is sporting a market cap $33 million with no revenues as well.
-Similar market cap would place MMTE in the .01 to .015 range.
MMTE is currently 15-20x undervalued here.
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DD on MMTE, Lithium, Chile, Atacama Desert;
MMTE Management
Mr. William Lieberman
Chief Executive Officer and President
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50380897
[-chart]wintercastle.net/wp-content/uploads/2009/04/atacama.gif[-/chart]
[-chart]wintercastle.net/wp-content/uploads/2009/04/atacama.gif[-/chart]
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6-13-10 ; Lithium ABC's
http://www.safehaven.com/article/16202/lithium-abcs
[-b]excerpt; [-/b]
[-b][-color=green]
By: Richard Mills | Wed, Mar 24, 2010
The Puna plateau sits at an elevation of 4,000m, stretches for 1800 km along the Central Andes and attains a width of 350-400 km. The Puna covers a portion of Argentina, Chile and Bolivia and hosts an estimated 70 - 80% of global lithium brine reserves.
a Brine "Mining" Business Model
The salt rich brines are pumped from beneath the crust that's on the salar and fed into a series of large, shallow ponds. Initial 200 to +1,000 parts per million (ppm) lithium brine solution is concentrated by solar evaporation and wind up to 6,000 ppm lithium after 18 - 24 months.
The extraction process is low cost/high margin and battery grade lithium carbonate can be extracted. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy most of their needed raw materials from brine producers.
The major lithium producers, from brine, are the "Lithium Three": Sociedad Quimica y Minera (SQM), Rockwood/Chemetall and FMC.
The Lithium Three are all extracting lithium from Puna Plateau salar brines. The majority of lithium produced today comes from brines in Chile, Argentina and Nevada.
These brines are considered primarily potash deposits with lithium as a by-product.
[-chart]static.safehaven.com/authors/mills/16202.jpg[-/chart]
[-chart]static.safehaven.com/authors/mills/16202.jpg[-/chart]
The above diagram was designed to show that several commercial products can be recovered from typical brine and that the recovery takes place in a series of steps over the entire evaporation process. Note that the final product in each step may require processing in a specialized plant. Also please note that the actual sequence of process steps may vary from brine to brine, and as such, the process steps shown above may not be in the correct order for any specific brine.
SQM's Atacama brine deposits have the highest lithium content on the Puna - yet just 11% of its 2009 revenues were from lithium - 70% of SQM's revenues are from fertilizers. SQM is the world's largest producer of lithium and lithium is SQM's highest gross margin product at +50%.
Lithium
The world's future energy course is being charted today because of the ramifications of peak oil and a need to reduce our carbon footprints.
A whole new industry - a global wide automotive and industrial lithium-ion battery industry - is going to be built. As a result of lithium-ion battery demand for hybrid-electric and electric cars the increase in demand for lithium carbonate is expected to increase four-fold by 2017.
Lithium-ion batteries have become the rechargeable battery of choice in cell phones, computers, hybrid-electric cars and electric cars. Chrysler, Dodge, Ford, GM, Mercedes-Benz, Mitsubishi, Nissan, Saturn, Tesla and Toyota have all announced plans to build lithium-ion battery powered cars.
Demand for lithium powered vehicles is expected to increase fivefold by 2012. The worldwide market for lithium batteries is estimated at over $4 billion per year.
Lithium carbonate is also an important industrial chemical:
• It forms low-melting fluxes with silica and other materials
• Glasses derived from lithium carbonate are useful in ovenware
• Cement sets more rapidly when prepared with lithium carbonate, and is useful for tile adhesives
• When added to aluminum trifluoride, it forms LiF which gives a superior electrolyte for the processing of aluminum
• Lithium carbonate can be used in a type of carbon dioxide sensor.
Demand today is in the range of 120,000 tonnes of lithium carbonate equivalent (LCE) annually. Lithium is not traded publicly - and is usually distributed in a chemical form such as lithium carbonate (Li2CO3) - instead it's sold directly to end users for a negotiated price per tonne of Lithium carbonate (Li2CO3).
Production figures are often quoted in lithium carbonate equivalent quantities. By weight approximately 18.8% of lithium carbonate is lithium. Therefore 1kg of lithium is the equivalent of 5.3 kg of lithium carbonate.
"We are projecting 40% Li demand increase by 2014, with batteries accounting for 34% of use, the largest single end-use segment." Jon Hykawy, analyst Byron Capital Markets
[/color]
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http://www.youtube.com/watch?v=VQ59WHzU9Lc
Lithium-A Mineral that can save the planet - Lithium
http://www.youtube.com/watch?v=lCetmbHgl9I
http://macedoniaonline.eu/content/view/6848/49/
Lithium: the ‘new oil’
http://www.jdsupra.com/post/documentViewer.aspx?fid=aa823cc1-9e2f-4a4c-a4c8-8d1fc7437661
Is Lithium the 21st Century's Oil?
What is Lithium?
http://seekingalpha.com/instablog/462107-erik-bethel/55904-is-lithium-the-21st-century-s-oil-part-2
[-b]excerpt;[-/b]
Chile: Salar de Atacama - is the largest salt flat in Chile. It is located south of San Pedro de Atacama, is surrounded by mountains. The Salar de Atacama contains one of the largest and best quality reserves of lithium-brine in the world with high concentrations of potassium, lithium and boron. A US Geological survey estimate pegs the reserve base of the Salar de Atacama to be around 3MM tons while the Chilean State mining agency (CORFO) estimates it to be 4.5MM tons.
The largest lithium chloride producer in Chile is SQM, a US$10 billion stock market value firm listed on the New York Stock Exchange
Lithium is not traded publicly, instead it's sold directly to end users for a negotiated price per ton or pound of Lithium carbonate (Li2CO3). High demand and low supply has recently caused reported paid end user prices to reach US $6,600.00 ton.
But right now price isn't the issue, rather the issue is one of supply. Demand for lithium is increasing and Mitsubishi Motors Corp. anticipates that demand will increase fivefold to meet the needs of electric vehicles. At present, demand in North America is about 100,000 tonnes of lithium carbonate equivalent.
There's one unit of lithium in a cell phone battery, 3,000 units in a hybrid car and 7,000 units in an electric car; the numbers work out to 9 to 30 kilograms of lithium oxide per car battery. One of President Obama's goals is 1,000,000 built in America hybrid cars on American roads by 2015. The automotive industry needs a secure uninterrupted supply of lithium to ramp up its production of the next generation of hybrid electric vehicles using lithium-ion batteries.
=============================================================
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50133060
three combination information;VIDEO , CHILE#1 and LITHIUM use.
CBS News Report on Lithium 2010 - Visit to Chile, Argentina, Bolivia
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50108816
http://youtube.com/watch?v=VQ59WHzU9Lc
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50120151
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[-b]MMTE History[-/b]
Mammoth Energy Group, Inc (MMTE)
OLD IBOX COMPANY WAS OKLA. OIL AND NATURAL GAS.
[-b]FROM IBOX:[-/b]
http://investorshub.advfn.com/boards/board.aspx?board_id=10868
[-chart]www.ssqq.com/archive/images/dubai09.jpg[-/chart]
[-chart]www.ssqq.com/archive/images/dubai09.jpg[-/chart]
308 Al Maktoum Building
Al Maktoum Street
Deira, Dubai 51696
Vismay Sheth – President / CEO ?????
Counsel :
Bruce M. Pritchet
MARTIN & PRITCHETT, P.A.
Securities Attorneys
17115 Kenton Drive, Suite 202A
Cornelius, NC 28031
Tel: (704) 584-0269
Fax: (704) 895-1528
http://www.martinpritchett.com ?????
///////////////////////////////////////////////////////////
NOT SURE THE ABOVE STILL IS CURRENT!
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-----------------------------------------------------------------
[-b]FROM WEBSITE:[-/b]
http://www.mammothenergygroup.com
[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/corp-resp.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/mammoth.png[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/corp-resp.jpg[-/chart]
[-b]Vision[-/b]
To be the worlds best Lithium Company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
[-b]Mammoth’s Core Values[-/b]
As we conduct our business around the world, we have always been guided by our commitment to responsible behavior. In practice, this translates into bringing long-term benefits to the communities where we operate, and fostering a culture of excellence and collaboration among all of our stakeholders. By upholding the Mammoth Core Values in everything we do, we open up opportunities to earn the trust of our stakeholders and to create shared value.
[-b]The Future of Energy[-/b]
In the future, civilization will be forced to research and develop alternative energy sources. Our current rate of fossil fuel usage will lead to an energy crisis this century. In order to survive the energy crisis many companies in the energy industry are inventing new ways to extract energy from renewable sources. While the rate of development is slow, mainstream awareness and government pressures are growing.
Technological change alone cannot account for the emergence of the new energy paradigm. Past transitions—from wood to coal, from coal to oil—have also been influenced by a volatile mix of forces, including resource limitations and environmental and socioeconomic issues. America’s oil-based economy developed from new technologies, the discovery of plentiful oil, the desire for cleaner alternatives to horse-drawn carriages and the popularity of gas-lighting. Similar forces exist today, though their relative importance has changed in significant ways.
New potential US based lithium supply side companies are coming and early strategic investors are already positioning themselves. It’s not often in an investor’s life they get the opportunity to invest in something so profound, something so huge it constitutes a sea change in the way we go about our daily business. With the full might of the Office of the President of the United States of America behind it the push for electrification is becoming a reality, and because of this new reality in America, lithium might just become the commodity of choice for investors.
[-b]Current Energy Trends[-/b]
90% of global oil and gas reserves are either partially or fully controlled by governments $271 billion net U.S. trade deficit caused by petroleum imports 97% of all transportation in the United States is fueled by oil
-------------------------------------------------------------
http://www.mammothenergygroup.com/
Mammoth Energy Group Inc.
Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy’s goal is to become an important partner as the world’s energy paradigm begins to change throughout the next decade and beyond.
Throughout the early part of the 21st century traditional oil and gas deposits will remain an important part of laying the future of an ever expanding energy network. But there is undeniable strength towards the increasing demand in green technologies and the coming green energy revolution which will impact every person in the world. This green revolution will transform the world’s economy off the dependence of hydro-carbons and will include the commoditization of energy and the development of many new industries we can not yet imagine.
Mammoth Energy Group will be an integral link in developing energy and mining projects that take advantage of this renewable energy shift and we will help to create the coming new energy paradigm for the 21st century.
So we have a choice to make. We can remain one of the world’s leading importers of foreign oil, or we can make the investments that would allow us to become the world’s leading exporter of renewable energy.
[-chart]www.mammothenergygroup.com/i/yt/chiles-underground-riches.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/yt/chiles-underground-riches.jpg[-/chart]
[-b]Latest News[-/b]
Mammoth Energy Group Announces Move Into Developing Alternative Energy Sources (Marketwire)
Mammoth Energy Group Announces New Initiative in Alternative Energy Mining and Exploration (Marketwire)
Mammoth Energy Group Moves to PS Status (Marketwire)
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[-b]CLEAN ENERGY;[-/b]
[-chart]www.mammothenergygroup.com/i/titles/clean-energy.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/clean-energy.jpg[-/chart]
[-b]A New Energy Paradigm for the 21st Century [-/b]
At the close of the 20th century, a new energy paradigm, forged by technological advances, resource and environmental constraints and socioeconomic demands, has begun to emerge. This paradigm is based not on a finite stock of fossil fuels, but on a virtually limitless flow of renewable energy—sun, wind, water, wood, the earth’s heat—and on the most abundant element in the universe: hydrogen. Now as then, the broader implications of this upheaval are likely to be nothing less than revolutionary.
Like the hydrocarbon era that preceded it, the dawning lithium-hydrogen age carries its own set of risks and opportunities, as well as its own set of winners and losers. Nations that anticipate and position themselves for the transition are likely to reap an array of social, economic and environmental benefits.
[-b]Lithium Mining[-/b]
Lithium is the thirty-third most frequently occurring mineral so it’s not exactly scarce, but concentrations are generally too low, and extraction too difficult and costly to be viable. The major trend in the lithium industry has been a transition from hard rock mining-based sources of lithium to brine-based ones. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy raw materials from brine producers.
The economics of obtaining lithium carbonate from brine are so favorable that most hard rock production has been priced out of the market. Lithium brines are currently the only lithium source that can support mining without significant other credits from tantalum, niobium, tin etc., (low manganese content within Nevada’s Clayton Valley brines significantly reduces recovery costs, unlike Chile’s high manganese content brine deposits). Lithium brine resources are now the preferred method of lithium recovery.
Lithium recovery from brines could lead to a huge carbon footprint reduction because of a nearly zero-waste mining method. Once the lithium is recovered the chemicals used can be recycled, also the by-products include saleable compounds such as potash and/or boron.
[-b]Securing our Energy Future[-/b]
Our reliance on oil poses a threat to our economic security. Over the last few decades, we have watched our economy rise and fall along with the price of a barrel of oil. We must commit ourselves to an economic future in which the strength of our economy is not tied to the unpredictability of oil markets.
We must make the investments in clean energy sources that will curb our dependence on fossil fuels and make America energy independent.
Breaking Dependence on Oil.
Promote the next generation of cars and trucks and the fuels they run on.
Producing More Energy at Home.
Enhance U.S. energy supplies through responsible development of domestic renewable energy, fossil fuels, advanced biofuels and nuclear energy.
According to the USGS, overall demand for lithium is growing at a rate of 4-5% per year
Demand for lithium destined for battery usage is predicted to grow by 20% per year Over 60% of mobile phones and 90% of laptop computers feature Lithium Ion batteries The worldwide market for rechargeable lithium batteries is estimated to be worth over $4 billion/year The automotive market alone is projected to reach $337 million in 2012, and $1.6 billion in 2015
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[-b]INVESTORS:[-/b]
[-chart]www.mammothenergygroup.com/i/titles/investors.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/investors.jpg[-/chart]
[-b]Lithium [-/b]
To achieve the technological breakthroughs that are currently under way the United States and the world is going to need batteries that are cheaper, more durable and more powerful then the current nickel-metal-hydride (NiMh) batteries. Because of groundbreaking research there is already an answer being voiced, lithium-ion. With double the “energy density” of today’s standard NiMh batteries lithium-ion cells have emerged as the leading battery technology to power hybrid vehicles.
This battery is absolutely critical to the nations energy plan, and the need for such a battery for energy storage if he’s going to replace much of the nation’s oil imports with US nuclear, solar, wind and geothermal eco-friendly generated electricity. The demand for lithium will rise many times over present day production with the coming runaway demand for eco-vehicles.
Where will the Lithium come from?
As electricity starts to replace gasoline in America the country could very well be running the risk of replacing its dependence on foreign oil for a dependence on foreign lithium or foreign produced lithium cells.
Lithium is not traded publicly; instead it’s sold directly to end users for a negotiated price per ton or pound of Lithium carbonate (Li2CO3). High demand and low supply has recently caused reported paid end user prices to reach US $6,600.00 ton.
There’s one unit of lithium in a cell phone battery, 3,000 units in a hybrid car and 7,000 units in an electric car; the numbers work out to 9 to 30 kilograms of lithium oxide per car battery.
One of the current administrations goals is to have and to build 1,000,000 new America hybrid cars and have them on the road by 2015. The automotive industry needs a secure uninterrupted supply of lithium to ramp up its production of the next generation of hybrid electric vehicles using lithium-ion batteries.
=====================================================
[-b]The Future of Lithium [-/b]
Lithium will soon begin to dominate the markets and politics of the 21st Century through new global supply chains and trade agreements between resource providers and battery manufacturers.
Deposits of lithium are found in South America throughout the Andes mountain chain. Chile is currently the leading lithium metal producer, followed by Argentina and nearly 85% of the worlds known Lithium reserves are found in this region.
Boliva, which currently has no commercial Lithium Mining companies, as a country holds the largest Lithium Deposits in the world.
In the latter years of the 20th century lithium has become important as an anode material. Used in lithium-ion batteries because of its high electrochemical potential, a typical cell can generate approximately 3 volts, compared with 2.1 volts for lead/acid or 1.5 volts for zinc cells. Because of its low atomic mass, it also has a high charge— and power-to-weight ratio.
[-b]Lithium-ion battery[-/b]
A Lithium-ion battery is a type of rechargeable battery in which lithium ions move from the anode to cathode during discharge, and from the cathode to the anode when charged. Different types of lithium-ion batteries use different chemistry and have different performance, cost, and safety characteristics. Unlike primary lithium batteries, lithium-ion cells use an intercalated lithium compound as the electrode material instead of metallic lithium.
Lithium ion batteries are common in consumer electronics. They are one of the most popular types of battery for portable electronics, with one of the best energy-to-weight ratios, no memory effect, and a slow loss of charge when not in use. In addition to uses for consumer electronics, lithium-ion batteries are growing in popularity for defense, automotive, and aerospace applications due to their high energy density.
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[-b]MANAGEMENT TEAM;[-/b]
[-chart]www.mammothenergygroup.com/i/titles/man-team.jpg[-/chart]
[-chart]www.mammothenergygroup.com/i/titles/man-team.jpg[-/chart]
Mr. William Lieberman
Chief Executive Officer and President
[-b]Excerpt:[-/b]
Mr. Lieberman is the former President of Trilliant Exploration Corp., a gold mining operation with assets in southern Ecuador and nearly 200 employees in full scale mining production with reserves of nearly 1.2 million oz. He worked closely and was intimately involved in all stages of financing and development of Trilliant Exploration
Samir Ahshrup
Secretary and Chief Operating Officer
[-b]Excerpt;[-/b]
Working internationally his expertise has lied in strategy formulation and program implementation through out Fortune 500 firms. He began his career with the consulting company Traderoof and in 2005 he joined the Computer Science Corporation, in which he led the consulting team that designed Maybank’s online cash management system in Malaysia.
[-b]Legal[-/b]
Sayid & Associates, LLP
Mr. M. David Sayid, Managing Partner
New York, New York
[-b]Accounting[-/b]
Executive Services Group
Mr. Edward J. de Parma, President
New York, New York
[-b]Transfer Agent[-/b]
Transfer Online, Inc.
317 SW Alder Street, 2nd Floor
Portland, Oregon
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[-chart]www.otcmarkets.com/content/doc/ps/tier/logo/20.gif[-/chart]
[-chart]www.otcmarkets.com/content/doc/ps/tier/logo/20.gif[-/chart]
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=mmte
[-b]Contact Information;[-/b]
Mammoth Energy Group, Inc.
545 Eighth Avenue
Suite 401
New York, NY 10018
http://www.mammothenergygroup.net
Phone: 212-613-5453 212-613-5453
Fax: 212-501-2082
E-mail: info@mammothenergygroup.com
[-b]Business Description;[-/b]
Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
[-b]Estimated Market Cap
$738,810 as of Mar 26, 2010
Outstanding Shares
2,462,700,787 as of Mar 9, 2010
Authorized Shares
5,000,000,000 as of Dec 31, 2009
Float(shares)
2,462,700,787 as of Mar 9, 2010
Number of Shareholders of Record
1,198 as of Mar 9, 2010 [-/b]
[-b]Update; 07-14-10;
Estimated Market Cap
$4,592,376 as of Jul 13, 2010
Outstanding Shares - 3,826,979,891 as of Jun 10, 2010
Authorized Shares - 5,000,000,000 as of Jun 10, 2010
Float(shares) - 1,369,981,805 as of Jun 10, 2010
Number of Shareholders of Record - 1,221 as of Jun 10, 2010 [-/b]
[-b]Transfer Agent
Transfer Online
512 SE Salmon
Portland, OR 97214
Auditor/Accountant
Executive Services Group
1230 Avenue of the Americas
7th Floor
New York City, NY 10020
Legal Counsel
Sayid and Associates, LLP
408 West 57th Street,
Suite 8E
New York, NY 10019 [-/b]
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[-b]yhoo quote;[-/b]
http://finance.yahoo.com/q;_ylt=AjeZ4k7jw46tXTc0px16hH7xVax_;_ylu=X3oDMTE2ZG11ZWFhBHBvcwMxMQRzZWMDc3ltTG9va3VwUmVzdWx0cwRzbGsDbW10ZXBr?s=MMTE.PK
[-b]YHOO;[-/b]
http://search.yahoo.com/search?p=Mammoth+Energy+Group%2C+Inc+%28MMTE%29+&fr=ush1-finance&ygmasrchbtn=Web+Search
Google Quote;
http://www.google.com/finance?q=mmte
GOOG
http://www.google.com/search?pz=1&cf=all&ned=us&hl=en&q=Mammoth+Energy+Group%2C+Inc+(MMTE)&btnmeta%3Dsearch%3Dsearch=Search+the+Web
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Links:
http://www.marketwatch.com/
http://www.msnbc.msn.com/
http://www.otcbb.com/
http://americanbulls.com/
http://www.hoovers.com/
http://www.tradingmarkets.com/
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CHART;http://charts3.barchart.com/chart.asp?sym=MMTE&data=A&jav=adv&vol=Y&divd=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=
QUOTE;http://quote.barchart.com/quote.asp?sym=MMTE
TECHS;http://quote.barchart.com/techrept.asp?sym=MMTE
OPINION;http://quote.barchart.com/texpert.asp?sym=MMTE
SNAPSHOT;http://quote.barchart.com/texsnap.asp?sym=MMTE
ADVANCE TECHS;http://quote.barchart.com/texadv.asp?sym=MMTE
PERFORMANCE;http://quote.barchart.com/performance.asp?sym=MMTE
PROJECTION;http://charts3.barchart.com/procal.asp?sym=MMTE
[-chart]charts3.barchart.com/custom/tc/MMTE.GIF[-/chart]
[-chart]charts3.barchart.com/custom/tc/MMTE.GIF[-/chart]
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http://stockcharts.com/h-sc/ui?s=mmte&p=D&yr=1&mn=0&dy=0&id=p86775379241
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[-b]Template: RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB
COLOR BLIND.[-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=15&i=p47868087965&a=173461334&r=537[-/chart]
Template: RSI-MACD-FULLSTO-ULT-VOLUME-50MA-200MA-BB
COLOR BLIND.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=15&i=p47868087965&a=173461334&r=537[-/chart]
[-b]TWO YEAR CHART: [-/b]
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-524-03NA000000mmte-&SF:6|8|27-SH:8=200|27=10-WD=539-HT=395-[-/chart]
TWO YEAR CHART:
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-524-03NA000000mmte-&SF:6|8|27-SH:8=200|27=10-WD=539-HT=395-[-/chart]
[-b]20 50 200MA,,,VOLUME - PPO - CMF - SLO STO % PRICES. [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=5&dy=0&i=p45212469049&r=6823[-/chart]
20 50 200MA,,,VOLUME - PPO - CMF - SLO STO % PRICES.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=5&dy=0&i=p45212469049&r=6823[-/chart]
[-b]rigs;one year, 50ma-200ma,RSI,MACD, VOLUME. [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=12&dy=0&i=p01265665394&r=5025[-/chart]
rigs;one year, 50ma-200ma,RSI,MACD, VOLUME.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=12&dy=0&i=p01265665394&r=5025[-/chart]
[-b]cha-ching --- CC, 6-mos---cci[20]ema[7],cci[70]-ema[20]50ma-150ema-200ma, volume, william % [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=6&dy=0&i=p53376685481&a=171265373&r=225[-/chart]
cha-ching --- CC, 6-mos---cci[20]ema[7],cci[70]-ema[20]50ma-150ema-200ma, volume, william %
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=6&dy=0&i=p53376685481&a=171265373&r=225[-/chart]
[-b]5MA---10MA---20MA PPO---ADX---TRIX---VOLUME [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=0&i=p78292400264&r=8528[-/chart]
5MA---10MA---20MA PPO---ADX---TRIX---VOLUME
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=D&yr=0&mn=3&dy=0&i=p78292400264&r=8528[-/chart]
[-b]HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND. [-/b]
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=W&yr=3&mn=0&dy=0&i=p22053646375&r=[-/chart]
HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND.
[-chart]stockcharts.com/c-sc/sc?s=mmte&p=W&yr=3&mn=0&dy=0&i=p22053646375&r=[-/chart]
http://stockta.com/
Template;
[-chart]www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=mmte&size=analysis&support=0.02,8,0.03,4,0.04,4,0.04,7,0.04,2,0.05,6,0.06,6,0.06,2,0.07,3,0.08,3,0.12,2&trend=[-/chart]
[-chart]www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=mmte&size=analysis&support=0.02,8,0.03,4,0.04,4,0.04,7,0.04,2,0.05,6,0.06,6,0.06,2,0.07,3,0.08,3,0.12,2&trend=[-/chart]
[-b]2ma-5ma-50ma-200ma-bb with several trendlines. --- kens charting. [-/b]
[-chart]stockcharts.com/c-sc/sc?chart=mmte,uu[w,a]dhclyiay[db][pb2!b5!b50!b200!d20,2][iut!uo8!ub5!ua5,15,10!uv8!lk9!ll5!lc15!up5,5][j20444984,y]&r=3555[-/chart]
2ma-5ma-50ma-200ma-bb with several trendlines. --- kens charting.
[-chart]stockcharts.com/c-sc/sc?chart=mmte,uu[w,a]dhclyiay[db][pb2!b5!b50!b200!d20,2][iut!uo8!ub5!ua5,15,10!uv8!lk9!ll5!lc15!up5,5][j20444984,y]&r=3555[-/chart]
http://www.investopedia.com/terms/h/hammer.asp --- Explanation Formations.
[-b]MONTHLY VOLUME REPORT;[-/b]
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=mmte&SortBy=volume&Month=2-1-2010&IMAGE1.x=14&IMAGE1.y=5y
[-b]10yr, Chart [-/b]
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-5120-03NA000000mmte-&SF:1|39|38|8|27-SH:8=20|27=10-WD=539-HT=395-[-/chart]
10yr, Chart
[-chart]charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-5120-03NA000000mmte-&SF:1|39|38|8|27-SH:8=20|27=10-WD=539-HT=395-[-/chart]
[-i][-b]enjoy da mick
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. [-/b][-/i]
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