Post by
bailey2 on Jan 05, 2021 7:00am
Price
It is my opinion that the share price is being manipulated and kept around 6 cents. Anyone buying or watching the volumes can see that once it gets to .065 someone will sell 190 dollars worth of shares, or some other small amount and bump it down to 6 or 5.5 cents. Good for me, because I just keep buying more and more. Whatever Mineworx potentially has in store, to maybe need a special meeting, may already have share price point in place for someone to take a chunk of an asset, a potential spiin-off of either the mining assets, CC's assets etc. We will know soon. Apparently the special meeting is not a confirmed event , if they choose different options, or none at all. At the least, we will probably have some sort of update in the next week or two. Rancher and DJ are certainly right about the Cehegin asset, though. Easily a dollar stock, on that iron ore play alone. Takes some very simple math. Valuation is in many billions, regardless of 20 million tons or 60 . The disgruntled shareholders are right. Management needs to finally execute. Or bring in new blood. With any piece of long awaited news, could be the stock of the year for 2021. glta
Comment by
Therancher on Jan 05, 2021 2:56pm
Freddy!!!!!!,.....................
Comment by
Therancher on Jan 07, 2021 11:15am
Strategic trades by a few people pretty much confirm "someone" is holding the share price down. We are not sure why but some great news looms on a couple of fronts. RR
Comment by
Eagleseeker on Jan 07, 2021 4:28pm
To prove point. Over last 10 trading days ETI has averaged over $100,000 per day dollar volume. (incuding US). Share price has risen nicely. Hard to hold price down with consistent Cash pursuing shares. We have not seen that kind of money pursuing MWX. Hope it is coming "soon"!
Comment by
Therancher on Jan 07, 2021 8:27pm
Correct cash flow and signed contracts are required to move this substantially. All I am saying is .........every time the shares trade into the next .05 to .1 higher someone dumps another 100+ thousand out at the lower number! It's happened several times lately. Yes ...........hoping some paper hits some desks soon and that THG has some new eyes on this thing. RR
Comment by
bailey2 on Jan 08, 2021 5:00pm
Huge trade today. WARNING! Setting up for a major run. News probably out soon.
Comment by
Lava1517 on Jan 08, 2021 8:46pm
Huge trade? Volume was only 10,000?
Comment by
bailey2 on Jan 08, 2021 9:50pm
Yeah, I know. At this point when only 10k shares are traded and outstanding shares are over 300 million, maybe the only positive is..... that they are tightly held, or so close to zero that no-one cares anymore. Only thing that can change perception is positive material news. We have all heard that one before. Someday, it could happen. glta