Member Info for ActualTruth

What in gods name are you talking about? They released the grades weeks ago?

No - they have more than enough to do what they need to do. They won't raise under 1p again

All money should come out f this into Cloudbreak now IMO. They are next door and have proven surface gold and shallow drilling about to kick off which will send them stratospheric. WSBN are just punting on deep diamond drilling and paying themselves. Im making the switch after this joke placing

Thats 400k! Strong show of support!

If the print is below the bid price it shows as red, above the mid price it shows as blue

It has nothing to do with the market not wanting a level playing field, its simply that market makers can offer stock under the mid price if they have bought it lower. Hence if they are offering, you are buying stock from them.

Pretty simple really

2 March 2023

Fulcrum Metals plc

("Fulcrum" or the "Company" or the "Group")

Schreiber-Hemlo Project - Update

High grade gold samples and next steps

Fulcrum Metals plc (LON: FMET), the Canadian focused multi-commodity explorer, is pleased to provide an update and results of a prospecting programme carried out at the Big Bear property, part of the wider Schreiber-Hemlo project area covering approximately 113km2, undertaken during the months of June 2022 and September 2022. The programme was undertaken by Bayside Geoscience, the Group's third-party exploration contractor.
Highlights
· Programme centred around the Schreiber area covering 5 historic mineral occurrences and gold workings (Figure 1 below)

· A total of 45 rock samples were collected for assay, with results confirming prospectivity, including high-grade gold results:

o Best values included 45g/t Au, 37.4g/t Au and 33.6g/t Au

o 5 samples out of the 45 collected produced grades in excess of 10g/t Au and 9 samples in excess of 1g/t Au (Figures 2 and 3 below)

· Successful detailed mapping of important shear zones with the potential for the discovery and development of an economic mineral deposit

· Initial structural observations between the Cook Lake and Pyramid Schreiber showings, and earlier soil sampling results from Panther Metals plc, have identified a potential regional-scale shear zone passing through this area on a single mineralised structural system. (Figure 4 below)

· Based on the geological and structural setting of the property, it may have potential to host a large, structurally controlled, stratabound-style banded iron formation (BIF) gold prospect similar to the Musselwhite deposit (McNicoll et al., 2016), in addition to an Archean greenstone, orogenic-style lode gold prospect, extending past the bounds of known historical mineral occurrences.
Ryan Mee, Chief Executive Officer of Fulcrum Metals, commented:
"I am delighted to report on the successful exploration programme at the Big Bear property within our Schreiber - Hemlo project and our first announcement since listing on AIM last month. The sampling programme has returned exceptional gold assays of up to 45 g/t and several in excess of 10 g/t which really outlines the excellent prospectivity of just one target area among many.
"The detailed mapping suggests a much larger mineralised structure than acknowledged previously and displays the historical and structural characteristics of being an excellent candidate for a large stratabound deposit or a high-grade lode gold deposit.
"We have a progressive exploration programme across our projects in addition to drilling planned at Big Bear in 2023 and I look forward to updating the market on our progress in due course."

The RNS has to be legally approved and then signed off my Nomad, takes time.

Bluestar have not sold a single share from IPO, they know the company inside out, and the reason we are down here is general panic and the spread of misinformation on these boards.

Hopefully people are FINALLY going to see what an absolute no brainer this is from this price

You're exactly right.

This is the biggest buying opp you will see on Bens this year. Nobody is in default to anyone. I will reiterate again, Bluestar are a HUGH backer of this company, remember they were on site not long ago seeing the whole project and had a glowing report

People - please stop the ridiculous overreactions on this

Bluestar are a long term supporter of Bens Creek - this is a fact. This information is not new, it was in the public domain weeks ago. There is nobody in default to anybody. These are the facts

Bens Creek are still on the edge of doubling production in a rising Met Coal environment. There will be no selling of any MBU/Bluestar stock until this is much much higher. Trust me.

RSP stands for Retail Service Provider, it is a system that the industry uses to trade electronically on market made stock. You may look at Bens Creek on the yellow strip and see 35-36 with 10k size each side, in reality the bids and offers will be tighter on the RSP and in much bigger size. Market made stocks often move because people hit or lift the RSP in blocks one after the other, forcing the price upwards or downwards as the price is taken and the price behind it (wh9och will be higher/lower) moves in.
The Story debacle was caused by Spreadex effectively smashing every bid on the RSP down consistently, which forced the price down because of the volume of shares that were hitting every bid. This is a fact, anything else you read is speculation and inaccurate. If Spreadex would have left an order with a MM, for example fed 5m shares in at a time but let them work them at say 70p, none of this would have happened. However, Spreadex don't care about working orders or the price in the market, when someone exceeds margin they close the position as quickly as possible which means offloading them at any price to close it. This is what happened.
The price of Bens Creek here is wrong, its simple, the price is wrong. If it was 3 months ago todays RNS would have caused a 10p jump. Because its July and people are uber nervous about the market and the share, it came off after someone got fed up and hit the RSP in size. One thing is always constant though, the market is efficient and because of this a share will not stay at the wrong price for long. The numbers on Bens Creek mean it has to be substantially higher, barring an unseen disaster. This is not my opinion, its just Maths. See through the noise, see through the nerves, see through the misdirection and remember this market is coming back in September. Its whether or not you wait till then and pay higher or invest sensibly and get in now. Nobody ever went poor from buying profitable, cash generating shares with underlying assets on ridiculous multiples when they are cheap. People go poor from buying tech stocks with no assets on a P/E of 50. Its not rocket science people.

Just so everyone is clear, the reason this dropped from 38 is that someone hit the RSP in about 6 blocks this morning totalling 3-400k shares. This caused the market makers to mark the stock down as their bids were hit consistently. There hasn’t been enough excess buying volume yet for them to mark it back up as their offers here aren’t being lifted in enough size. This has nothing to do with technicals, nothing to do with levels blah blah blah- that’s what happened. The news is great, the company is hugely undervalued at this price, and if you work it out it’s trading at a multiple of 1 at regis price based on the figures in the update converted to profit. If you’re not buying here the worlds gone mad

A Market maker can go 2m short

You are the epitomy of clueless, angry , failed investor

Are you the MM who is short?

I think the most important thing that any investor should know.....

There is a huge short squeeze coming on this- potentially someone is 2m short

Oh dear

Acumen you are incorrect - Clear Capital were placing agent on Bens Creek and raised most of the money - check the RNS

Shame- real shame. try not to let this become one of the BB destroyed stocks

While it was a great interview, I'll be surprised if we see a meteoric rise on the back of it.

Great move to get cheap stock~ just let the price go ffs

Ermmm - Google maps isn't live is it. You are probably looking at a photo of the railway line taken a year ago.

There is no RNS - its always been the case. Please check your brain is working before posting

Erm.

I have just looked at your previous posts and seen that you have quoted TA - and assumed that my post was a personal attack on you.

Thats not the case - i had just read comments on other share boards and picked up on it. I simply posted on this chat as im looking at this share. My post only had good intentions behind it and sorry if you thought it was aimed at you - but it wasn't!

Hi all<

Hope you are all ok and dealing with the lockdown as best you can!

I've been reading the boards for the last few weeks and have just picked up on an error that might be influencing peoples decisions - so thought it only fair to point it out. Technical analysis only applies to order book stocks. I have noticed a lot of people throwing around technical terms regarding AIM stocks - "bollinger bands" "MACD" etc.

Whilst TA is 95% of how people trade on the main market - if a stock has market makers only then they are the ones who dictate the price - so TA does not apply. TA applies only to stocks that are traded on an order book as there is no human assessment or emotion applied to any trade - the buys and sells simply match off. This means that TA can be applied.

If a stock is purely traded and priced by market makers TA is irrelevant. Just thought i would give you all a heads up. I worked at a major investment bank for just shy of 30 years on the equity derivatives desk - just to say i know what i'm talking about!

Good luck all and hope you all make £££