Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Pleased I don’t own any shares in this. Looks like they are about to be worthless, in my opinion. Stick your money in the bank and get a steady 1.5%. It won’t match inflation but it also won’t decrease in value.
I sold Barc several months ago at the above price. It had nothing to do with the sp, more to do with having invested (gambled) 12k in Mar 20 and it increasing to 30k a few months later. It would have been much more if I’d left it in my initial choices instead of listening to ‘advice’ and switching.. I’m tempted to return to the stock market in these lows but am listening to my gut feeling. I don’t have a mortgage, got 50k in savings (that are depreciating due to inflation), have a salary of 54k but currently struggling financially. I have 2 of my 3 children at uni who cost about 10k a year, I travel 300 miles a week which isn’t cheap but do shop at Lidl and grow veg. If I’m struggling how are people with rent to pay or minimum wage coping? Must be horrendous. Historically, the only thing to fix this would be war. Fortunately, I don’t think this is on the table. Instead I think we’re about to face financial Armageddon. Strap in, it’s about to be tough. Of course, my drunken opinion only.’
This is pure unadulterated gambling for potentially massive returns. Could also go pear shaped. Nobody knows what the outcome will be. Good luck.
Fleecy, you’re a boomer stuck in the past. You should have sold at £2 and be looking for entering again at £1.50. What an opportunity to make a massive profit. Instead, despite you having everything given to you on a plate, you want to complain about how tough you’ve had it.
Buy at £1.50, in my opinion you’ll win. Look at the positives not the negatives.
I sold several weeks ago and have since regretted my decision. I check now and again and am shocked by these recent falls. There doesn’t seem much logic to the drops. My opinion, for what it’s worth is stick with it. Easy to say when sat on the sidelines but from my experience this is a long term investment that should come good.
I’ve returned after several months away and was considering buying. The one thing that puts me off is Charles. He has to be a person or persons who are paid to ramp this share. Sorry but I’m not buying and not going to return. Thanks ‘Charles’ you’ve spooked me and I’m sure you’ve had a similar effect on many others.
Good luck to all holders.
behemoth
Where’s fleecy gone? He used to offer pearls of wisdom about this beamoth.
I sold everything in October. Luck not skill? I bought in March 2020 - that’s not luck, it’s called doing the opposite of what you’re supposed to do and making a fortune. Sounds immoral but it’s actually called gambling.
I think I may be about to buy into DT again…..
Some very educated posts to support your investments.
I’ve been share trading for 15 years. In the first year I was down 30%. In the last year I’m up 126%. I learnt more in the first year than I have since then. In my opinion, this is similar to a new AIM share. If that’s true then it’s heading for single pence figures. That may take several years, however, long term that’s where I think it’s heading. If I still owned shares I’d sell them on Monday, take the hit, sigh relief that my money was no longer going decrease in value.
I was ridiculed for selling at 19p. I think I timed it correctly. I’m not here to gloat. I genuinely want long term holders to benefit from a big contract win and tripling of the sp.
I don’t think this will happen, unfortunately for holders.
I think the share price is being manipulated to benefit those in the know.
When I wanted to leave the announcement was ‘no buyers available’. A message like that worries me. Why does nobody want to buy my shares? Surely they can buy them and then sell at a higher price for a profit. They didn’t want to buy them because, in my opinion, they knew they were going to drop in price.
What the future has in store is unpredictable. Could increase or could decrease. I genuinely hope they increase for the long term holders like hunkymonkey. My guess is they will continue to decrease.
My money is in the bank. It won’t keep up with inflation, however, it won’t decrease. That’s quite important to me. Good luck all.
I think I might have timed it spot on. The recent 0.15% increase in base rates will have had a few people believing that the stock market is about to rise. It’s not. It’s about to collapse. That’s why Elon sold Tesla and why jack dorsey sold twitface. It’s all about to go tits up..
Here’s a little bit of advice. Look at Google finance, Nasdaq and zoom out on max history. You can see what’s about to happen.
Money in the bank may not keep up with inflation but it won’t go down.
It’s human nature to want to see something you sold decrease in value after you sold it. That confirms you made the right decision. If this is soon worth 100p, I’ve missed out on a big increase in my wealth.
You would have to meet me and know me to appreciate that I’m not a materialistic person.
In 1989 I was employed in oil exploration. I had enough money to buy my first detached house in Bath at age 27 with cash. I had enough cash in my pockets to buy a new car. Instead I drove a ford capri that was green with a red door. I gave up the big salary to be a physics teacher. In 2006 I realised my 200,000 savings weren’t earning enough interest. I stuck it in shares to try and ‘earn’ some money. It lost 30% in a few weeks of May 2006. I was gutted. I was so lucky to have put it back into the bank, which was in Australia, rather than the stock market. It plummeted soon after this.
Since then I’ve been fascinated by the stock market. What I’ve learned is that you have to do the opposite of what your instincts tell you and the opposite of what the media wants you to do.
I bought big style on 20th March 2020. I made 40% on the first day. Since then I’ve done well.
Last week I sold everything. I’m sitting it out. However, I can’t help looking.
People who are new to investing should not be buying these shares. Those who are experienced, I genuinely wish you well..
I will reiterate that people new to investing should not buy this share. It should be a good gamble for experienced traders who know when to join and when to leave. I recently made 76% out of this share and am about to buy a new car with profits. However, that was down to luck not skill. I tried to sell all my holding on 19 th Nov and was told ‘no purchasers available’. I did however manage to sell 25% at 2.26 which is now 8x that. I then sold more at 15.33. I’m not bitter because I made a big profit. I genuinely want long term holders to benefit. What I don’t trust are the timings of the runs release, failure to appear on losers, risers board, ambiguity in rns.
Again, very good luck to long term holders, you have more patience than me. People new to investing - in my opinion steer clear, you could lose a lot.
This could be massive, in my opinion, and increase multiple times from here. It could also go in the other direction. I think that long term holders like hunky monkey deserve a multi bagger simply for sticking with it. However, if you are relatively new to share trading please don’t put more in here than you can afford to lose. Good luck to all those who currently own shares here.
In November I wrote:
“Recommended both of the last 2 posts. In my opinion it will be reduced to about £1, Drahi will buy more and then rescue it with a massive 50% above the future price. Private investors will be forced to sell at something like 150p to a foreigner. I genuinely wish you well.”
Plenty of investors on here ridiculed my comments. Fair enough, it may not drop to £1 but in principle I still think I’m correct.
Good luck all.
I bought into shares on 20th March 2020. I sold everything last week. Made a good profit but only in an ISA. About to buy a car with my profits, I think it’s a shame that the government don’t value people like me or profit from my Asperger’s skills. I go for a bike ride and can’t help but memorise every number plate. What a sad twat? No, happy but a bit special. The stock market is about to crash spectacularly and most ‘normal’ people don’t realise it. I should be charging money for these insights however, I don’t need it.
Good luck.
Let’s hope they meant the end of the academic year and not the financial year. My biggest concern is the the recent director sell. Why would he do that? He’s the golden ticket, the person who can see potential. He left, why? Have to admit that I’m concerned. Let’s hope the price continues to drop and allows us to buy at lower or prior to release of news about contract wins.
If I still owned shares here I think I would prefer a deramper posting negative news in an attempt to decrease the sp rather than a person like me arriving, who has declared selling several weeks ago to post how smart they were selling when they did.
I’m not here to do that. Why am I here? I will not be buying any shares until the next crash. This could be next week or in 20 years. I predicted a house price crash in 2004 and how wrong was that. It’s increased massively since then.
My prediction is that this will continue to fall until at least 100p. What is this crazy unjustified figure based on? Experience. This has been traded like an AIM share so far and I think this will continue.
If I owned any now, which I don’t, I’d sell all of it tomorrow.
Why believe me?
I bought on March 20th 2020 and recently sold Barclays, starcom, and all other holdings. I was given the advice to hold because my capital would depreciate relative to inflation. I ignored that advice. My finances are static. If I kept them in shares they’d be down 25% in the last fortnight.
Very happy with my decisions. VERY HAPPY.
Good luck all.