Silver Bull Report Forum

Discussion of mining stocks, precious metals and otherwise. Markets in general
 
HomeHome  PortalPortal  GalleryGallery  RegisterRegister  Log in  

Share | 
 

 MMG Metalline

View previous topic View next topic Go down 
Go to page : 1, 2  Next
AuthorMessage
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: MMG Metalline   Fri Oct 12, 2007 8:54 am

Hmm...I looked for a thread on this one and didn't find it! It's my biggest holding. I grabbed more at $2.50 about a month ago. It went well over $3 before getting slapped down yesterday below $3 just before the close.

--------------------------------------------------------------------------------

Metalline Mining Announces Concession Purchase.


2007-10-12 09:00 ET - News Release


COEUR D'ALENE, Idaho, Oct. 12 /PRNewswire-FirstCall/ -- Metalline Mining Company announces the purchase of the Volcan Dolores concession covering 10.4946 hectares, Exploitation Title No. 224873, expiring June 15, 2055. The Volcan Dolores concession is located within Metalline's large Sierra Mojada concession, on the western boundary of the Unificacion Mineros Nortenos concession and the southern boundary of the Esmeralda I concession.

Forward-Looking Statements

This news release contains forward-looking statements regarding future events and Metalline's future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). These statements are based on current expectations, estimates, forecasts, and projections about the industry in which Metalline operates and the beliefs and assumptions of Metalline's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions, are intended to identify such forward-looking statements. In addition, any statements that refer to projections of Metalline's future financial performance, Metalline's anticipated growth and potentials in its business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict, including those identified elsewhere herein and Metalline's Annual Report on Form 10-KSB for the fiscal year ended October 31, 2006 under "Risk Factors." Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Metalline undertakes no obligation to revise or update any forward-looking statements for any reason.

Metalline Mining Company
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Mon Oct 15, 2007 4:32 pm

Rock and Roll! up 11% to $3.52 today...my biggest holding!
Back to top Go down
View user profile
Grassburner



Male Number of posts : 206
Age : 44
Localisation : Idaho
Emploi : Self Employed
Registration date : 2007-05-27

PostSubject: MMG Bull!   Tue Oct 16, 2007 8:34 pm

Gravity is at work today studbkr. Down almost 13%. No

On not too much news for warranting todays & yesterdays wild swings??

It is also my largest holding! cheers
Back to top Go down
View user profile
Grassburner



Male Number of posts : 206
Age : 44
Localisation : Idaho
Emploi : Self Employed
Registration date : 2007-05-27

PostSubject: Dippy-Dippy! May mean Yippee-Skippee on a sweet buying price   Tue Nov 27, 2007 11:21 pm

Studbkr,

I cant stand it any more. If MMG goes down tomorrow. I'm going to have to sell something and buy somemorze-of-dat-stock. Its at a bargain basement price today of $2.52. afro Ya hears me!

My god Karl. -- Its only a couple bucks away of from its 52 week low. And it's got the goods. It should be shooting up like GMO has.

This stock and igmi (GMO) are the only ones I am riding free shares on from their gains 3-4 years ago when boughten cheaply under a dollar. Very Happy No complaints there!


Disclosure:
Grassburner corporation and all subsidiaries have and currently own MMG shares and are in the process of purchasing more shares of companies talked about in this post. All future performances and losses/gains will be your own damn fault and your responsibility. This is not a solicitation or pounding of the table to purchase any shares of MMG or GMO. Please do your own investigating, proper assessment, and evaluation when you are wanting to procure some of the stocks talked about here. An inspection of all surveys, tests, and verifications should be carried out by purchaser before any future financial transactions are preformed. Also one should have a thorough physical hands-on examination and inspection of any stocks underside to make sure there are no loose nuts or bolts down there. A structural engineer or proctologist may be required to preform such tasks. If any strong methane type odors are present when analyzing these stocks immediately call a competent licensed plumber to assess the situation. And as always consult a professional financial planner before investing any monies that are talked about by Grassburner Corporation and it's subsidiaries. It could possible save your financial future.
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Wed Nov 28, 2007 8:59 am

Great disclaimer! ...are you a proctologist? ...are who are the "loose nuts"? <g>

Note: I also bought SRZ.TO. Both are drepressed due to low Zn prices and alot rides on where Zn prices go from here...many people are shying away from base metal stox right now...is that a contrarian buy signal?
Back to top Go down
View user profile
Grassburner



Male Number of posts : 206
Age : 44
Localisation : Idaho
Emploi : Self Employed
Registration date : 2007-05-27

PostSubject: I can't put my finger on it, butt you familiar. ---Anonymous   Thu Nov 29, 2007 7:40 pm

Sorry Studbkr about not responding very quickly. I have been working some evenings. I have to go in when everything is shut down.


Quote :
...are you a proctologist?

No sir! Just a lowly construction guy. But we both do have crappy jobs and we both get our gloves dirty!


Quote :
"many people are shying away from base metal stox right now...is that a contrarian buy signal?"

My base metal stocks have been whacked hard (LBE). I'm going to be the contrarian and hold on. They have been beaten up enough. And as soon as I sell, they will go up.

Pappy used to say: "Ride um till their dead, then shoot'em in the head." Hopefully I don't have to pull my pistol out on any of them!


I think uranium is going to get hot again. I'm looking to get back into URZ and your BRD-V looks great! Smile
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Fri Nov 30, 2007 8:46 pm

I'm tempted to jump back into Uranium every time I get another "Dines Letter" issue, but I don;t. I have a bunch of BRD.V and very little other Uranium...I'll probably sit-out on the next big run-up...
Back to top Go down
View user profile
silverman



Male Number of posts : 163
Localisation : California
Emploi : Engineering
Registration date : 2007-05-24

PostSubject: me too   Fri Nov 30, 2007 10:35 pm

for now - out of Uranium
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Sat Dec 01, 2007 10:52 am

The more I think about it, the more I think it's a contrarian indicator that former Uranium bulls are "out"...though I love the stocks I own I now and donlt know how I'd raise cash
Back to top Go down
View user profile
silverman



Male Number of posts : 163
Localisation : California
Emploi : Engineering
Registration date : 2007-05-24

PostSubject: NEVER FALL IN LOVE   Sat Dec 01, 2007 11:16 am

NEVER FALL IN LOVE WITH YOUR STOCKS !

You are blind when you are in love ( true for women and stocks ) bom


Last edited by on Sat Dec 01, 2007 7:47 pm; edited 1 time in total
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Sat Dec 01, 2007 3:06 pm

Well said, SilverMan, though I believe my "love" is based on logic. I've recently been trading less and shifting from drillers to near-term producers to avoid lengthy schedules, delays, dilution, etc
Back to top Go down
View user profile
Grassburner



Male Number of posts : 206
Age : 44
Localisation : Idaho
Emploi : Self Employed
Registration date : 2007-05-27

PostSubject: 30% off sale!   Wed Jan 23, 2008 7:44 pm

A great stock settling to $ 2.00 today!


Now it's been dropping for a while.

But the stock's drop doesn't mean theres isn't any room for some nice management salary raises for everyone? Shocked

http://biz.yahoo.com/e/080122/mmg8-k.html

It's too bad raises and bonuses for management are not tied to the stock price/value! scratch
Back to top Go down
View user profile
Grassburner



Male Number of posts : 206
Age : 44
Localisation : Idaho
Emploi : Self Employed
Registration date : 2007-05-27

PostSubject: OUCH!   Mon Jul 07, 2008 1:41 pm

WARNING FOR ALL INVESTORS OF MMG!


I'm going to sell what shares I have left tomorrow. All "ONE THOUSAND" of them! I am letting you know ahead of time. So you can sell your positions before I take this company's stock to ZERO! bom

Yep this dog is done till zinc prices turn around. Down-down-down! I should of sold all of it in January. In stead of whittling away at it! Wink
Back to top Go down
View user profile
md1



Number of posts : 179
Registration date : 2007-09-23

PostSubject: Re: MMG Metalline   Mon Jul 07, 2008 5:34 pm

Grassburner, your a hoot!!

You need a sense of humour in this environment,
or else there would be no sleeping at night.

Psst..........I will trade you your zinc dog for mine (ada)

Cheeers lol!
Back to top Go down
View user profile
robroy



Male Number of posts : 160
Age : 57
Localisation : Montreal
Registration date : 2008-12-19

PostSubject: Re: MMG Metalline   Tue Feb 17, 2009 3:47 pm

The Dog just woke up and is very hungry!!!
This could be interesting to see as majors scout for rich $$$ deposit…
Bad news for MMG, Good news for majors...

"Effective February 1, 2009, the executive officers and corporate employees entered into salary deferral agreements for 25% to 50% of their compensation while independent directors have agreed to defer 100% of the cash portion of their director's fees. Management plans to continue its efforts towards reducing administrative costs. However, without any additional funding, the Company may not be able to fund its operations through the end of its 2009 fiscal year. Management is exploring various sources of additional capital including additional equity funding, joint venture participation, strategic partner and smelter and metal trading companies willing to fund projects for a commitment of product. The weak US and global economy combined with instability in global financial and capital markets have currently limited the availability of this funding. If the disruptions in the global financial and capital markets continue Sleep , debt or equity financing may not be available to us on acceptable terms, if at all. Equity financing, if available, may result in substantial dilution to existing stockholders. If we are unable to fund future operations by way of financing, including public or private offerings of equity or debt securities, our business, financial condition and results of operations will be adversely impacted."
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Tue Feb 17, 2009 5:42 pm

I was holding-out for $10/share when this stock was hot...now I'd accept a dollar...maybe even a Loonie dollar!
Back to top Go down
View user profile
robroy



Male Number of posts : 160
Age : 57
Localisation : Montreal
Registration date : 2008-12-19

PostSubject: Re: MMG Metalline   Tue Feb 17, 2009 10:28 pm

Maybe the stock would go up if he changed the name to
Metalline Silver Pit…
I’m holding on because I have a gut feeling this stock could move quickly. He does have good connections with majors and there is an old saying, “What is better, Money or connections”? He mite not have much money above ground but the pit is worth billions.

Hay Stud, you think if we wait long enough we can get a silver dollar? At this point I’d sell it for a wooden nickel.
Back to top Go down
View user profile
dz20854



Number of posts : 80
Registration date : 2007-05-27

PostSubject: Re: MMG Metalline   Wed Feb 18, 2009 12:04 am

Said they are efficient at drilling silver: Many drills X Many shifts per day X Many months (year?) + Their own lab = ...What?

That he can't disclose the results without a feasibility study according to SEC rules. Somehow, GORO gets to.

Something just doesn't add up.
Back to top Go down
View user profile
robroy



Male Number of posts : 160
Age : 57
Localisation : Montreal
Registration date : 2008-12-19

PostSubject: Re: MMG Metalline   Wed Feb 18, 2009 12:55 am

Dz, do you think this is another Brex scam? Hummmmmm!
I’m going to make a call here in Montreal and ask some questions about MMG. I’ll get back to ya.
Geeeee never thought of that …thanks!
Back to top Go down
View user profile
dz20854



Number of posts : 80
Registration date : 2007-05-27

PostSubject: Re: MMG Metalline   Fri Feb 20, 2009 2:23 pm

Block study (silver) for MMG should be complete within the next week or two. The engineer will be using this block study in a presentation before the SME (Society for Mining, Metallurgy and Exploration). Unfortunately, explicit results will not be made available (due to MMG's strict interpretation of SEC regulations), but enough information will be there so that a summary of drill results can generally be figured out. Anyway, that is my understanding after having talked today with the company.

As for the current price weakness, it is probably because the company needs to raise money soon to cover overhead. Any bounce from the block study release may be a good opportunity for that to happen.
Back to top Go down
View user profile
studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: MMG Metalline   Sat Feb 21, 2009 10:20 am

Thanks for calling the company...
Back to top Go down
View user profile
Jim



Number of posts : 1077
Registration date : 2008-06-30

PostSubject: Metalline Mining (MMG)   Wed Nov 25, 2009 5:58 pm

Bought some MMG today.

Nostalgia, I guess.

Plus 100 miles of tunnels.
Back to top Go down
View user profile
Jim



Number of posts : 1077
Registration date : 2008-06-30

PostSubject: MMG   Tue Dec 29, 2009 3:14 pm

Back to top Go down
View user profile
Jim



Number of posts : 1077
Registration date : 2008-06-30

PostSubject: Re: MMG Metalline   Wed Mar 10, 2010 1:19 am

Back to top Go down
View user profile
Jim



Number of posts : 1077
Registration date : 2008-06-30

PostSubject: Re: MMG Metalline   Tue Mar 16, 2010 3:58 pm

Back to top Go down
View user profile
Sponsored content




PostSubject: Re: MMG Metalline   

Back to top Go down
 
MMG Metalline
View previous topic View next topic Back to top 
Page 1 of 2Go to page : 1, 2  Next

Permissions in this forum:You cannot reply to topics in this forum
Silver Bull Report Forum :: Silver Bull Report Member Forum :: Stock Tip Forum-
Jump to: