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MCZ Mining


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#1 Midas1

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Posted 29 September 2019 - 05:08 PM

Did you see the 18 percent up Friday....but let's not forget the constant downward spiral down.. out this anyway
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#2 soutie

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Posted 13 August 2019 - 08:53 AM

Not so sure this is a pump & dump...!  It's a junior miner sitting on a massive reserve & no money to develop it quickly & viably.

All in all the junior coal space is hugely congested with minority BEE partners & past legislation now found out NOT to be a requirement.

They progressing well in a conservative manner & within their debt profile plus when Makhado is in steady state production they gonna generate decent cash flow & have an export quota also.

Junior coal mining is a long term buy..... Don't follow it closely but not a pump & dump IMO...

As an aside Jubilee was a huge pump & dump 5yrs back & only now settled into steady state...!


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Anyone need a heads up...!


#3 Midas1

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Posted 12 August 2019 - 05:32 PM

Yes I bought that on someone advise..cr p...would rather ditch dead wood and use funds better...my fault listening to pump and dump and not researching properly...
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#4 andi222

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Posted 12 August 2019 - 05:27 PM

This was a classic example of a pump and dump share imop.


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#5 Midas1

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Posted 12 August 2019 - 05:12 PM

Sold them off my equities, been limping along for too long,,took a loss but would rather spend the funds on a share with a chance of profit and recoup it that way..were pathetic and no volume


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