MTC 0.00% 18.0¢ metalstech limited

I've been off MTC threads for a while because most posts have...

  1. 264 Posts.
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    I've been off MTC threads for a while because most posts have been so ridiculously uneducated.

    But anyway, I've been in AGY since a few months ago when their Chinese investors pulled out.
    Price has nearly doubled in the last quarter since those lows and they actually worked out their money differently in a way that worked out even better.

    Just posting this for people who are getting worried as I know some people don't react well to these situations and it can affect their life. A Chinese company's DD doesn't involve psychically knowing our Lithium grades and quantities in the ground, nor does it involve JORC and DFS. Realistically only a bad DFS or JORC should cause this sort of price change, but this is a
    tiny cap company with 65% of shares held by the top 20 holders, so massive price swings are going to happen because a lot of holders are as loose handed as crypto holders and there's no buying volume to soak it up.

    But if you're too impatient to wait for rocks to come out of the ground and silence the noise then yeah feel free to sell up because the people who think that cash from a Chinese company is somehow worth more than any other form of cash and that any of our fundamentals have magically transformed will probably be offloading so they can buy in at the bitcoin lows right now :/
 
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