Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I agree this has been happening, but I don't think to this extent. it seems like we are entering into another phase of asset reserve. Last time this happened it lead to a war with Tunisia and lead to the Arab Spring (if you can remember) something about a gold dinar, Ghadaffy was trying to introduce.
However, I do think there will be a trading currency separate from any government, I doubt it will be a digital/crypto currency (because of hackers and a like) and this will be backed by gold, and all world currency pegged to it somehow.
https://www.rt.com/russia/525569-dollar-wealth-fund-currency/
https://www.rt.com/russia/525569-dollar-wealth-fund-currency/
https://www.rt.com/russia/525569-dollar-wealth-fund-currency/
maybe interesting things are happening? a move from dollars to gold
https://www.rt.com/russia/525569-dollar-wealth-fund-currency/
maybe starting of a gold like standard? and a move away from the US dollar
Thanks for the response InsiderKnowledge, You think dropping 10+p is holding firm? that's despite any chart saying it held firm. Yes its shock that dropped the price (Like a teenager suffering PTSD and having mood swings), but this kind of shock doesn't subside after 1 or 2 days, it can take a week or more , that's why I think it will drop a tiny bit more, then it will hold. after all it got to 6p not so long ago, I still think it will hold just above 5p, then slowly rebound once (IF) the board offers a better deal.
Then it might go to the moon, but you have to be realistic.
Hi all,
I have had the day to think about this stock and while I sold out about 4 days before the crash, I still think there is hope.
If this board is competent it should have put together a plan B by next week. I also believe this Judge is calling Amigos bluff and playing politics, because if Amigo goes bust no one gets any money (which is bad for the customers) and many people will be made unemployed. If that doesn't happen maybe a take over??? (Unlikely but still), people have more to lose if Amigo goes bust.
So tomorrow I think the SP will drop to 5/6p then hold (Cant see it dropping much further than that).
Then in a few days I'll buy back in once the dust is setted...
What do you lot think, is it political or is this the END???
Hi all,
I was lucky I got out when i did made a nice little profit. However I do have sympathy for people that lost money here... But it was expected this might happen, people need to stop hyping things up then putting there heads in the sand, telling everyone to buy just to stop the price falling further, so those same people stop losing money and sell out themselves
(its pathetic).
This time tomorrow I think it will fall to about 4 - 5p then hold...
That being said I do think Amigo can turn things around, because the alterative is bust then everyone loses. So I think I will buy back in soon, but you have to be realistic, this stock is going though hard times and will not bounce back till about July I think or its bust. Further more I think this ruling is to do more with politics rather than the best outcome for consumers, the judge is calling Amigos bluff, wonder if it will back fire that is the question I have now.
Hi, I'm new and still getting to grips with things, this is my first take over bid I have been through. I was wondering what will happen to me shares and will my shares be consolidated so I have less shares for my money?
Thanks
Hi, I am relatively new to stocks and shares, I have a small amount of capital which I invested a while ago, and I saw GGP back in July and saw potential. So I am left confused that there are so many buys yet the SP goes down?
It seems someone is rigging the game against us?
Can some1 explain how and why this happens?
I do still believe the SP will go up again but the state of affairs todays makes me doubt myself (I am generally good at picking winners that said, a bit disappointed)... I Still have a lot to learn but I will get there.
PS. does anyone know any good youtubers that can help teach me how to read the RNS mining reports like yesterday. I understood some of it but still any help would be appreciated.
Thanks
@xcoder I dont think its suspicious at all, Yes I would like monthly updates, but they have just gone into production and its still uncharted territory for VAST. bi year updates is enough time to cement themselves as a producer. Its a good thing that VAST now has a opportunity to become self-sufficient and thenwe will see the SP go up..
https://www.youtube.com/watch?v=nngzzwroar4 ,
Bi annual production updates isn't that bad I think...
Ok I Didn' t know that,, I understand that the BS ratio is "BS Accrual Ratio Accruals are accounting adjustments for revenues that have been earned but are not yet recorded in the accounts, and expenses that have been incurred but are not yet recorded in the accounts" (if they ain't recorded how do you find the info). Can someone be kind enough as to help me find where I'm likely to find this info.
Again I am a noob,,
Thanks for your help (still learning)
Thanks for the responses,
As a relatively new investor, when I invest I look at the credentials like PE ratio and any means to produce a profit in the future (among other factors). Now I understand it that there are 2 shipments been or ready to be sold, and 1 more in the pipelines which should offer someway for VAST to become potential profitable, and not go bust b4 the SP goes up. So I haven't read all the RNS's as there are bloody hundreds of them. Unless I am looking at the wrong ones, or there is an easier way of looking for the info we need to understand a company better...
Also I do understand people need to blame someone for bad stuff that occurs and yes its easy to be an armchair CEO (as someone said), and from my experience it doesn't help anyone by blaming other people for bad stuff that occur all the time (Not to say either way if its justified, maybe it is/ but the future is what we should be focused on and making those £'s)
Either way Thanks for your input