Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Let's hope for Musco-tiers lolz
In simple terms, doing a placing/diluting is like taking the money out of our banks without permission. It's immoral on all sorts of levels. To rely on it as a source of income is offensive.....not to mention very off putting to potential investors. Money needs to go in the bank without stealing it from investors otherwise investors won't invest. It's very simple and the only solution.
So BOD give us the truth and a plan on how and when you'll put money in the bank without stealing. Thanks
I'm no expert but I imagine the big players need to jump through a lot of hoops and get through a lot of red tape to be able to jump in with Oriole as there's not a great deal of precedent. I imagine that takes time with confidence building and paperwork so it's never going to be immediate.
There's a massive lack of new good finds so it's blinding obvious there will be eyes on this
I'm pretty sure it's mostly bots and market makers judging by the poxy amounts. Trying to create liquidity.
The problem is footfall. We're like an old high street shop that is trying to exist in a recession and compete against the out of town shopping parks.
Nobody is around so the coffers get smaller. Gold and miners still not quite on the agenda whilst the fed keeps everyone guessing.
Looked at my mortgage today, that will expire this year, going to go from 1700 to 3100 per month! I'm in trouble and I'm sure others are too. It's that type of looming disaster that will put gold and miners in favour. Not good is all good in this neck of the woods
2 Bonanza grade finds from two rock outcrops. This is huuuuuuuggeeee!
As ever I'm optimistic :D
I think there has been ample evidence of a lucrative industry emerging in their country which they stand to gain quite considerably from. I don't think it would be in their best interests to frustrate the process when it's likely to turn into something prosperous.
That said, anything can change, but the ministry seem to be sensible and pragmatic and it's also important to point out that Tim and the Team are training Cameroon graduates and employing Cameroon staff so they would be doing themselves a detriment to stall Orioles efforts.
Cash in the bank would move the big boys in I reckon. They would invest in businesses with predictable reliability. With a good balance for the next couple or few years would literally pull the breaks off on the whole project and the share price
If the current chart is showing a cup and handle it suggests a price target of 0.30
Hang fire Kutz, there's some indications of massive movements in gp. I think this will sink as more money floods out of markets with the coming poor business performance but if this gold price breaks into a full bull run then miners are one of the few logical investment opportunities. That's where the volume will come from, with all that cash on the side, so fingers crossed this is the beginning of something bonkers. It's also linked to the strong dollar which is losing momentum in the forecasts so there's good reason to be very optimistic. Investors will be looking for ways to make money when there are few options and this little puppy is top of the pile for speculation.
https://twitter.com/MacleodFinance/status/1613134306712424449?s=20&t=XxlQe-P83kF6xMfKeZoMdw
People sell for all sorts of reasons. Sometimes it's the executor of an estate.....
Obvs market making this morning....
Market has gone quiet, volume has gone :(
Yeah it's actually less certain than current as Iamgold agreed to spend $4m whereas the new buyer could choose not to spend $4m, or do anything else for that matter. Have to wait and see
12.5km x 3.5km is the same area as London underground zone 2. That's a massive minable area!!!
The everything bubble bursting is going to cause a lot of uncertainty and likely impact gold. Also lots of talk of gold-backed CBDC launching across the globe causing a reset. That would be pretty crazy
A good one to have in the back burner, commodities are going to be in demand next year and electric car sales are only going to grow
A 40% yesterday is going to have drawn a lot of attention....
There won't be a placing. Actually if it goes much higher won't previous rights issues expire?
Previous recent high. Breach this and sky's the limit!
Very nearly a 1 bagger from recent lows. 50% in a day. Get in quick!!!