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Really starting to come together now. There should be a bit of interest with the investor event tomorrow.
Should have a good week and be good to see the presentation tomorrow
One of my stocks is in the top 500 risers today, maybe I should post that on the thread and be a complete laughing stock.
The proceedings start at 6.30 pm on Tuesday, 19th September.
On the leaderboard
Mms lifting up now... looking strong
3 percent
Panther Metals PLC - Canada-focused mineral and exploration company - Notes statement from Fulcrum Metals, which it currently holds a 20% interest in. Chief Executive Officer Darren Hazelwood says: "Panther are pleased to note that Fulcrum have submitted a drilling permit application for a multi-target drill programme at Big Bear during 2024. In the nearer-term the planned winter drilling programme at the Tully Project, which has an existing historic gold resource of over 100,000 ounces, has the potential to bring a material uplift to the value of Fulcrum, especially given the high-grade nature of the historic gold drill intersections that will be confirmed and the open-ended nature of the mineralised body."
940,000 buys pressure strong....mms ready to break past 4.10 can we get to 4.50 by close...would be nice i we do
250,000 buys outstripping sells ...great first hour
PANTHER METALS PLC
("Panther" or the "Company")
(Incorporated in the Isle of Man with company number 009753V)
18 September 2023
Fulcrum Metals: Drill Planning Update
Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada, is pleased to note the Fulcrum Metals PLC ("Fulcrum", LON: FMET) announcement detailing drilling programme plans for the Big Bear property and the Tully Gold Project in Ontario, Canada.
Panther currently holds a total of 9,971,839 ordinary shares in Fulcrum representing a 19.99% interest in the entire issued share capital of Fulcrum, plus 714,286 warrants exercisable at 17.5p with a two-year life from 14 February 2023 and a further 476,190 warrants exercisable at 26.25p with a three-year life. Panther also retains a 2% net smelter return ("NSR") royalty over the Big Bear property.
Fulcrum have submitted a drill permit application for a drilling programme to test multiple gold targets at Big Bear during 2024. This planned programme will focus within a 3km long gold prospective corridor which contains 4 drill-ready targets and a further 5 targets for follow-up work.
The Tully Gold Project, within the Timmins-Porcupine Gold Camp, has a reported historic total gold resource of 107,000 ounces; with 76,000 ounces at 6.56g/t Au in the Indicated category; and 31,000 ounces at 5.17g/t Au in the Inferred category. Fulcrum report they are in the process of planning a winter confirmatory and infill resource drilling programme of at least 1,500 m.
Further details of the planned targets and the project backgrounds are available in the Fulcrum announcement which is available to view at https://fulcrummetals.com/news/
Darren Hazelwood, Chief Executive Officer, commented:
"Given our equity holding and project history, Panther are pleased to note that Fulcrum have submitted a drilling permit application for a multi-target drill programme at Big Bear during 2024. In the nearer-term the planned winter drilling programme at the Tully Project, which has an existing historic gold resource of over 100,000 ounces, has the potential to bring a material uplift to the value of Fulcrum, especially given the high-grade nature of the historic gold drill intersections that will be confirmed and the open-ended nature of the mineralised body.
We look forward to further updates from Fulcrum."
For further information please contact:
Truly exciting project ....major gold ......exciting times ahead
4 percent now....expect we should break past 5.00-6.00+ this week
Great news
Look at those grades.......
https://www.lse.co.uk/rns/FMET/drilling-update-on-tully-gold-project-big-bear-plsg3g4cf88h3nb.html
792,000 buying pressure building very strong momentum now
Moving up ...mm ready to tick up
Risers now ...climbing up the leaderboard....nice to see
Solid afternoon performance .....can we finish in the top 5 risers at close
Collaborative event next week
637,000...buys coming in ....can we break past 4.00 by 3.30pm and rally to finish the week
Now on the leaderboard
500,000 good buying pressure
Up 11 percent now