Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
It is a 50/50 game .... we continue with TALK, but clearly there's no WALK THE TALK.
They may come back in Q2 and say: we now have a DATE, will be in 15th of october. When October comes, they will say: now we are facing some issues as something is happening as the RIG HAS NOT BEEN RELEASED YET.. . and go on, and on, and forever..
As the "RNS" does not state any DATE in June... apart from saying just the month. People will buy in the low and sell under 5P constantly to take profit. And we will continue to live in the FOMO to buy and sell when they got tired of "more of the same news.. "
@Thornogson
Finally someone with some SENSE...
I'm not against MATD or a De-RAMPER, the post is not about this. The post is about:
WE STILL LACK SUBSTUNTION FACTS ABOUT WHAT WILL HAPPEN!
Keep faith and praying will not move the stock up or deliver the good news there.. We need real work and real news.
If nothing gets moving they will come back to this post and say: Was you ICHIGO, this is your fault MATD couldnt deliver good news hahahah.. Jez, dont get sentimental guys, it is not about having faith, it is about Good or bad news. Which at the moment they still on 50%-50%.
Sorry, but did you read all the news correctly and more than 1 time? Here are some facts..
Let's be realistic velociraptor news will land soon to break it all the way to 10p: - With the biggest risks being reservoir presence and trapping mechanism. Management has estimated the chance of success at approximately 20%, which is high compared to much wildcat exploration drilling. Success here would significantly de-risk the other raptor prospects. These would be drilled before the end of the exploration phase, which currently runs through to July 2024. (Page 2 and 5 of the report).
As we now know LP is getting done well stamped and in its way through the post , so 15p when LP lands, once heron drilling is signed up and dqe in bag 20p easy, matd will now drill away to new highs:
Do you really believe that MATD will complete the LP in like, 30 days or less and get approved, and go through all the whole process? My friend.. is taking YEARS to get to the state are are experiencing today, dont fool yourself..
This is the same company that drop the share price from 4p to 2.98p to raise 6M funds without TELLING ANYONE!
This is how much I trust in MATD.. (Y)
Lets be realistic... If doesnt break the resistance on 5.39 it will always stays under 5p.
At this moment there's no 'True' news about what will happen.. we are back again on speculation and prediction of what could happen in the future.
For some of you, you may call me CRAZY, because there's a new 'petro matad' news, etc.. which to be honest doesnt prove or say anything more than what was said in the past, which resumes to: We are making slow progress.
Dont get hang up on the fact you have X amount of shares or money, and let your PASSION get on the way of REASON when investing. Better have cold blood and be smart than let the passion get on the way of thinking.
The company performance is so bad, impacted by extraordinarial things and other that we dont know, that could be things doen intencionally to it, dragging the image down and investors down.. perfect storm scenario to buy in a very cheap price, with agreements already in place to take the company after bought it to the next level.. anything can happen OJAY, you can predict the future and no "optimistic hope" will resolve the issue mate.. learn to understand all scenarios that could happen..
I'm predicting the worst case scenario here guys.. which means, no OIL this year and probably someone will buy the company next year or soon... I may be talking S**T here, however, no performance has been made in more than 5 years, only lies and hidden information.
For you that trully beleive in this company, I'm sorry but it looks like you may be brainwashed by them in believing in them, feeling the sense that you can influence or impact the organisation.. I have some money with them, but my view is:
If produces oil one day, good, if not, I'm not putting any more penny in the organisation. Some of us still on the what we call: fake self-fulfilling prophecy, which is something you believe it will happen 100%, but it nevers happen, and the directors sell this to us. I'm 100% another RNS will come soon, no CHANGES OR GOOD NEWS, just the way the business operates, this is what they do, no clear and direct message to investors and we will give them a little bit more "HOPE" so they put more money for us to spend and we continue with unclear information about production.. lets hold that for another year and enjoy holiday in Italy..
With this good kick in over the last 3 days, going up from 3.72 to ~4.60, it may be a possibility of a reversal chart next week and opportunity to buy more! However, if news are really around the corner which I hope so, then will carry on buying at this price, I'm holder, here for the long term prosperity, not short term wins!
50MA over 200Ma in a few days, as I predicted around 10th of march, and a colleague corrected me saying it was going to happen before and guess what ? he is correct!!!
Buy now or regret forever!
Apologies but it wasnt my intention to be misleading, it was the first information I saw and after I did not check for anything else.
So i post it to see what the community was going to say so I could verify later what is happening.
And, thank you all for opening my eyes, will buy more right now! :D
Time to hold!
https://www.marketwatch.com/story/petro-matad-shares-fall-as-drilling-delayed-by-travel-restrictions-271645777860
Just confirmed that this F*** covid travel restrictions still apply and therefore will delay the drilling process! That is absolutely ridiculously!
Yeah, few days and we will be in a good position, and looking for the company data, we could be in this for the next 2 years easy. Shame I cant share a picture of the graph in tradeview.... but is what Colesy2 said: Higher highs and higher lows.
Buying below 10P still profit, do not miss that chance..
MA50 is going to cross MA200 on the daily chart very soon! This means what we know, the golden cross will happen in a matter of days from where we are today, my prediction is that this will happen around 10th of March, and after that, share price will go up dramatically. Best time to buy is now, before the announcement in March. Time to pump and hold for the beauty of it!