Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Great summary Basil, strange how things work out, I made a few bob on these, over 1000% then RF came along and burst the bubble, RF gave me the chance to get in at crazy low prices I never thought I’d see again and ironically hold more SAR shares than ever, crazy how they almost killed this share but in long run could be great for LT share holders of bought at last weeks silly prices, the science never changed just the sentiment
Thanks for the clarification Basil - no problem
No not you Laz. It's for the Boiler Room Boys who have no concept of the science or the background to this company. They'll be gone soon enough now that RF have been shown the door. In summary, they have no understanding that in our space smaller bios get acquired for hundreds of millions and in many cases in the billions of pounds by the big players.
Looks like the morning 10%ers have sold out and moved on.
Hmm! Not sure if that is aimed at myself Basil or not. If it is you are very wide of the mark I’m afraid as I have been here since God was a teenager.
Anyway, as I said, not sure who it was aimed at
A few posters on here such as Bobbler, RMM, Brighty etc nailed it during 2020 and 2021 with their predictions of 9p a share. These (& others) in particular were posting from sub 1p about the likely timescale of hitting 2p, 4p, 8p etc and do you know what? Their predictions were 100% right so who would you rather believe? These guys who have done their research and been here for years or some new kid on the block with no research and zero understanding of Sareum. I’ll stick with Bobbler & the other LTH’s that understand the Sareum model and history of how this share price fluctuates just prior to news. 200p a share is where we could easily be by the end of this year. That's still over half what it was in 2021 but if we have positive P1 data for SDC-1801 and an update on SRA737 then a x 7 from todays 30p looks about right at 200p+.
Basil,
Fully agree with your view. Our late expert Thoth2 predicted 28P old money (£14 New money).
Well that didn't take long, we're not top of the riser board :)That should also get SAR noticed, so fresh funds from new traders.
Yes, its was weak.
Nicely. resistance is futile!
Nearly top of the LSE Riser board. Not counting the consolidation of the other company.
Agree with what you are stating Basil, but at the time Sareum were overpriced. I am also very bullish about the future price but I feel a lot of "facts" are being misconstrued or twisted just to get at the BoD
I don't see any resistance, Nicely ?!?!
We're touching 30, and only blue skies ahead...Wonderful Day !
You are joking, right?! 450p would only be a MCAP of 450 Million approx. In our sector companies get acquired for billions. What price do you put on a company that in combo trials with the likes of Dexamethasone, AZ's Adavosertib, Merck’s Keytruda & Lilly's Gemcitabine has demonstrated that the science works. 450p a share is buttons in our sector but it's an indicator of what could be about to evolve here. 450p, by the way, is also only x 17 of our current share price. It's more than doable to achieve that price again in due course. Just look at the way the price is already moving this morning. It's already at 29p as I type this up 25%.
Wahoo!!!!!
Getting closer 28.9 paid
We are hitting a bit of resistance at the moment.
I think we all got a little excited and caught up in the SP potential at the time.
Yep - It was overpriced and market cap at that time was unrealistic with no revenue stream and very little cash. However, we are, potentially, getting into a much stronger position. I agree that we should be back up to over £1 but there will be investors selling out on the way up.
All good though and looking forward to news.
Unless it was grossly over priced
Yes, 30p a share soon but it's worth remembering that Sareum was over 140p a share 11 months ago and was over 450p a share in 2021. Therefore 26p a share today is buttons for a company on the cusp of unveiling data that could transform the MCAP and share price.
It has happened.
Even if there's an outside chance of a Monday morning RNS I expect a further surge tomorrow afternoon as FOMO kicks in.
Remember how painful the drops were in 5p chunks until it got really low, now going back up a penny at a time. Long way to go here yet, give it time.
Celtic 007