How much more proof do we need? It's in the pr. Or are you worried about foreign land being leased?
Before online poker got shut down last April, I won a pokerstar Caribbean adventure package online. While in the Bahamas, staying at Atlantis, I befriended some locals who propositioned me about a real estate deal. Because I was a foreigner I couldn't buy land; but they were able to buy land at a cheaper than I would think price, and for a fee they would sign it over to me in a lease for up to 70 years. It seemed like a good deal, but realistically it wasn't the best investment for me. Buying land in Nassu sounded nice; but I live in California and don't want to build there.
Before August I had a million + holding in a jv gold miner; and imo they have a similar to MMTE land situation, and problem dealing with share holders concerns; but their land is in Sierra Leon mostly. Anyways. The key with them is they have the rights to a 140km of land around a known gold producing river. They have started dredging and finally have begun producing. But back to MMTE, Can anybody honestly argue that they think the land owned is worth less than the pps?
Correct me if I'm wrong but less than 7 billion shares are outstanding? Most of us agree MMTE controls 16,000 + acres? If share count appears to be going to 15,000,000,000 then let's imagine where the company will be when it's at 15,000,000,000 shares o/s? Will MMTE be in possession of 16,000 acres when that happens or will the number be higher and over 50,000?
I imagine the company getting to 15,000,000,000 shares by making deals that booster share holders value... Deals like 6 Salars in Chile for 125,000,000 shares. Later on I expect news that will cause dips and panic like, "Trucking group X agrees to supply Mammoth Energy Group with equipment needed an exchange for 150,000,000 shares at .0001."
If and when PRs like that happen, where will this stock be? Where will it go from current pps in a year? Will any of us still be around? What about when we're talking about shipping?
New posters at that time will be mixed. Some will think they're geniuses because they got in under a penny. Others will be freaking out and questioning everything. They'll even question the CEO's legitimacy and make him into a crook causing pps to dip.
These are just theories though.
What I do know is America is moving towards new technologies in energy; and lithium and MMTE have an opportunity to be a part of the answer. Being that Mammoth Energy has the goal to supply and answer the paradigm in America's energy need, I will say they have a chance at succeeding. Regardless I expect gains from this point.
