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Re: mayhem72ss post# 102547

Thursday, 05/17/2012 1:15:06 PM

Thursday, May 17, 2012 1:15:06 PM

Post# of 155572
Well, in my mind communication is a subset of business acumen. I have faith that WL is taking MMTE to the next level, and will gladly hitch a ride there. Clearly I have no absolute evidence to support my thoughts, as nobody has any backing to back their (positive or negative) claims on here. Until WL says "here is what we've been up to, here's the result, here's why I was so quiet, here's the plan for next year", then all the hemming and hawing in the world amounts to squat here on IHub. WL holds the cards, and it's my assumption he has kept quiet in order to stack the cards in his (and his stockholders') favor.

Why do I feel this way? It's a combination of things. Over the past year, WL and MMTE has:
-Created CLIL subsidary
-Acquired 31,000 acres mineral concessions in Chile (There is no mineral survey other than the one done years ago, yes. To this I say two things: the past survey shows mid-to high levels of lithium. If anything has happened, levels may have increased. This is a desert, with little environmental/meteorological action. I highly doubt that any event has occurred that reduced our concessions to worthless levels. Second- observe the status of our neighbors and their mineral levels. Were these subterranean deposits of say oil, natural gas or otherwise then our neighbors' states might not mean much. Looking at the geological conditions I say 'where there's smoke, there's at least a spark'
-Acquired financing for our projects
-Took proper steps to uplist, and hired a firm to assist in uplisting

Now I'm also convinced by what WL has *not* done.

He has not releases fluffy, feel good PRs. Everything has been statement of goals achieved in the past 1.5 years, with the exception of the LOI last year.
He has not diluted willy nilly to bleed personal profit from our pockets. Any increase in our SS has, i believe, been in the interest of creating substantial value. I'm fine with the quiet, so long as he is buckled down behind the scenes.

Lastly, im satisfied by this: those on this board who actively dig for DD and try to lift the curtain have provided some extremely interesting facts, maps, thoughts, and provoked discussion. These posters are providing unique content on a weekly basis.
I am satisfied with that because the other side of the coin provides no evidence against MMTEs validity. They come out with the same talking points they have for the past year: 'No Bid imminent', 'R/S soon', 'Can't trust WL/MMTE', 'Personal ATM' etc, etc. I have not seen a single negative post that convinced me to take money out of MMTE. Also, a very prominent and intelligent member with a large stake and an accounting background has threatened to jump ship if he even sniffs WL being dishonest. The day I see an ? 150m share dump, I'll worry.

I won't speak towards the potential of other minerals on our land. The potential is great, but I'm holding my breath.

I posted a while ago about my thoughts on potential pps. I won't post that again, but if you look at any Market you will find companies that are very undervalued, and companies that are way overvalued. I don't know where we'll hit, but I am confident I will make a personal profit here. How much remains to be seen. Would be pretty nice to be one of those "Millionaire before Thirty" types.

Hold fast.