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Re: BeyondBarite post# 4715

Thursday, 10/24/2013 10:00:06 PM

Thursday, October 24, 2013 10:00:06 PM

Post# of 12370
Great link beyondbarite. In addition, downholetrader stated in the article:

"Yes, the great hunt for reliable resources has taken companies far away. Have you heard about Mabwe Minerals, Inc. (OTCQB: MBMI). From what I am told, it’s the only publicly traded barite stock. Yes, I own shares of this company. It doubled last week from $.12 to $.40 right after an announcement of delivering their first truckload of barite. Wait until they show revenues! And, who is buying product from Mabwe? Baker Hughes. Back in February, 2013, they issued a $9M LOC, for three shipments from the Port of Beira, Mozambique to any Gulf Port. Good thing for BH, because once the UK and other European countries enter the fracing business, new demand will once again put pressure on supply and Zimbabwe is a good location for these regions to go barite shopping."

The author actually bought stock in mabwe!! The word is getting out that this stock is a bargain.
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