Member Info for Echo1

‘Immense pressure’ lol
I do enjoy the modesty on the board ;)
GLA

Apologies - Harwood not Norwood . .

I'm not holding here just to be clear.
The SP charts for FCRM to be frank are grim viewing.
Norwood and Bayford have exploited this company horrendously and combined with the market conditions the SP is a horror show.
But we've now reached bid / ask of 1p vs 1.1p
If we were to dip further its bargain basement pump and dump territory for some speculators.
If we were to reach 0.5p - 0.75p I'll be dipping my toe

But this is a serious risk . . .

Morning all

I made a prediction on December 4th that on the close of business on the 22nd we'd be at 4p

I'll be honest - I don't think 4p is far off but will we get a ANGS ROCKET this week to send us there?? I'm just not sure . . .

Happy Christmas all holders and fingers crossed

Yep I'll buy into 3 of those theories
Thanks for the replies people :-)

If anyone can offer me a decent explanation I'm all ears :-)

It was good to see buyers at over 2p yesterday but generally I don’t think there’s a big appetite for buying at more than 1.95.
I’m in at 1.95 but at present there are (as I see it) 2 risks at play

An unsuccessful or average sidetrack result will see an exodus and a sp dip
BUT
If the sidetrack is successful investors sitting on the sidelines will get frozen out very quickly because the re-rate will likely be dramatic . . .

Decisions decisions :-) GLA

Yes indeed, master baits is filtered

BEAST BEAST BEAST!!!!
There you go. My succinct analysis.

A massive rocket up the SP's ar5e

Its easy to tell buy from sells at present given the spread of 1.85 vs 1.95
A dummy buy and a dummy sell give prices of 1.926 vs 1.87
MM's are holding it back for a good reason :-)

Was just about to comment the same
How are the MM's holding this back with the buy volume as it is?
Even with the small overhang of the warrants?
This'll bag on good news no sweat :-))

apologies - stop losses

mm's being dodgy as usual
Hoping to flush weak holders or pick up some stock losses.
They know with sidetrack success 2p will be a bargain

Yes good to see some optimism angel
And good to read some good debate
All the best

I’m not disagreeing angel but -
Was the broker note based also on thorny river and the potential of ghaghoo?
And then subsequently the joint venture with vast came to nothing.
But I’ll admit I forgot about the broker note. That adds yet another level of confusion.
Fat boy Teeling has a lot to answer for . . . And yes I’d like to hear Perroverde thoughts on all this mess

No guarantees of commercial flow rates?
Still a slight overhang from the warrants?
Rubbish market as per most of the year?
Or my personal favourite -

MM's being naughty!!

And once again Thorny River sums it up perfectly.
WHY WHY WHY talk the prospects of the company down now of ALL TIMES??
As a company BOD is finally on the brink of becoming a fully fledged diamond miner on a prospect that's in the best post code in Africa.
Old fatso Teeling needs his mouth stapling shut and his writting hand cut off.

Could they be angling to take it private? Or does a big fish want it at a bargain basement price?

Nothing would surprise me

Yes I've been looking at the buy/sell pattern too
MM's playing the usual game of holding the price when there are periods of buying
And then instantly pulling the price down when there is even a single 'sell'
Seen it over and over and it still infuriates me

It suggests to me that once 2p is broken we'll move up strongly

MM's don't seem to have a clue what to do :-)
Spread is like a violists elbow