Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Yep, they've disappeared as usual!
It was a nice test though. It moved quickly yesterday on no news, could be a good indicator if/when things happen here?
Polinvest - from the RNS below I take it that all options ARE to be approved at the AGM ?
https://polaris.brighterir.com/public/oriole_resources/news/regulatory_news/story/w61v07x
The Iamgold update on May the 5th, there will hopefully be something in there about mine construction at Boto. They do have job positions advertised for it!
A rise to the 5th would be nice, although I don't see it. Hopefully that update can kick-start us onto later in the month when the ORR management sign of on there share for salary agreement. (They wont want the price high until they get their shares first.)
....earlier some were discussing stop losses, here is a good indication today of how they can do more harm than good. This could easily retrace to 6.5p. But the fundamentals have not changed. The short term target is still the 29th/30th of April and on from there.
Top tier miners don't take chances on exploration plays. They let the little guys do the hard work and prove up as much as they can possibly afford to.
Then when its been de-risked substantially, they sweep in and take a large slice for a pittance. just like at HAV. The little guy makes his money by selling his minority stake at a substantially higher price than was paid for the majority stake.
Newcrest are not explorers and Greatland are not miners.
Thats kind of how the whole thing works, fairly obvious i would have thought.
Same goes for ORR, ECR, COBR etc. etc.
Any O&G explorer on the mainland UK and even the majority of those offshore, are complete pump and dump crap.
They are for gamblers chasing spikes, some get lucky (and its just that, luck) others lose their ar$e!
I think we all understand that the AIM is a very difficult place to invest, in reality we are all speculating (there is a huge difference). But some of these are just gambling, plain and simple!
There has been some good discussion on this board the last few days with some very insightful input.
It really is a pity we have a few interrupting it with a series of petty, childish responses dragging the whole board down with their tabloid'esque trash talking.
Please grow up.
@ Jerryspaniel - That's a good angle, the draw down could be just a contingency plan, ahead of a worldwide recession?
The money might not be required anytime soon, but its better looking at it than looking for it!
Those sales were swallowed up. A huge £150k buy going through!
Great Post Dimvestor!
I wouldn't read to much into the photos as we don't know when they were taken. All we can take from them is that drilling is progressing fine and that they were running casing on the day, which explains all the stacked pipe. Plenty more pipe also laid out in the rack on the ground, this could be drilling or production pipe. All very positive anyway!
I might buy a few more at this stage!
Gatto,
See what I mean!!
You're not that naive Gatto?
Fundy is playing all nice now, hes moved into pumping mode. He wont be here for the ride up. If this gets near 7.5p in the next fortnight he'll be out again!
Fundy, your like the gambler that always tells you about the one that won, never loses!!
You got burnt lad!..How much are you down now?
Nothing to be ashamed off, the two week drill caught a lot of people off guard I'd say!
I'd say they mostly feel sad for those with multiple accounts, posting the same stuff over and over.
What a miserable existence!
Fundy why did you setup an account to post the exact same stuff you were posting yesterday?
You'd be the first man to slam people on twitter, especially when they dont ramp or deramp in your preferred direction.
One gets the feeling your money is running out....
Fundy liked this one when there was little or no news, and poor PR, made it so easy to speculate and talk random crap. I get the feeling hes not impressed with the RNS setting out a programme for WH and even more so by their new Twitter account. He'll be sick if they start showing photos of gear arriving at WH and the rig going up!
They dont drill overnight...
The price is very much in danger of dropping more. There needs to be a positive update on the rig i.e. its currently on route etc. or this could go sub 5p.<br /><br />If the drill is postponed, prepare to take a hammering or patiently wait until April/May next year.