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Liberty Star Uranium & Metals Corp. Message Board

  • valuepro99 valuepro99 Aug 21, 2013 1:38 PM Flag

    Funny

    I like to follow some promotional stories for amusement purposes. I see that MMTED has been "running" lately on tiny trades, now showing 15 cents per share. That makes it a 3 billion dollar company, based on about 20 billion shares outstanding, and this is without their having any reliable reports on their exploration properties - no cash, no good reports, not volume, ...nothing.

    So, if they can we worth 3 billion dollars, what's wrong this (company)? LMAO

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • MMTED is now shown on Stockhouse as having 10 million shares out. That means they just had a 1 for 2,000 reverse stock split. Haven't they done this before? Amazing!

    • it could just be a pump and dump
      but
      they are working on Lithium brine in Chile.
      Chile is second to Bolivia in world lithium production.
      lithium could be working in their favor.

      however,
      i am choosing to go in big with Amerilithium Corp (AMEL)
      here in Nevada USA.

      • 1 Reply to sfsi_mont
      • Are you suggesting MMTED could be worth 3 billion dollars because they have some underexplored Lithium claims?

        Otherwise, the amount of lithium discovered in the last decade will be driving prices down for a long time to come. A lot of deposits formerly thought to be economic will never be developed. Having said that, I haven't looking into AMEL, They could well be onto something. I don't know. At least the geopolitical risk is low in Nevada, while it is rising in South America.

        Good luck..

        VP in AZ