Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Well, after todays drop we are in the same support level area as 13th May. Will it hold? All we need is those yankees to say we were worrying for nothing and all will be well, and kick the Nasdaq up again. Wishing I'd sold more at 21p.
Sold all this morning, getting out before the big drop today, as we clearly seem to be in a down trend from good highs and heading for the general trend line drawn over the past few months. Made a loss but you've just gotta do it. When we get below that trend line will be back in as is a good company.
Share price has been on a steady decline for quite a while and drawing a trend line on the log chart predicts 4.3p in July unless news happens. Surely XTR / labs must be able to plan well enough to give some kind of date indication for assays, even if it is July. That at least might stop the drop. CB "shortly" means within the next quarter (or half?) Remember that.
I hope so but know MMs sometimes tick the price down to wipe out stops when they are short of stock. Down to 40p is extreme though. I've seen this happen live to a lesser extent and over about 15 seconds but the suspicious nature of this is that 3 minute candles showed it coming back over 6 minutes or so. I am not a premium LSE member so cannot see the trades back at 9.39am. Anyone?
Well today the price dropped a lot then came back somewhat (a long candle tail on the chart), and if it comes higher that would be a good sign. If tomorrow is blue that would be a sign of it being the bottom. Similar happened 12 May and it still went down though.
The chart on this site does not show it but my 3 minute candle Tradingview chart shows a sudden spike down to 40p at 9.39 am taking about 6 more minutes to get back to where the price should be.
Did anyone get stopped out unexpectedly at that time this morning?
Don't like it when these things show as you don't know what to believe.
Shorn,
"Then of course if AA are interested then why not share the old drilling data detail, what's to lose..."
Now if you were AA and believed that Colin could be talking to other companies would you give away your drilling results to him? AA have something to lose.
And with that we gapped up tp 2400+. Boing..there goes a limit sell order.
Crofkies,
I also was heavily invested in SXX and JLP at the time SXX sold themselves to AAL at a timy price and also discussed them with a friend who only bought some SXX and is regretting it.If you want to continue the SXX story you could buy some AAL. Jubilee has really boosted my portfolio but I am concious I am breaking the investment rules by having 80% in one company. Well, if you are a believer.....
I have thought, from recent experience of JLP sp movements, that about 21 to 22p will be the time to sell off a big chunk and invest elsewhere while JLP sp stays reasonably static for a month or two. I am now not so certain. As we get more recognised and established maybe the sp will keep ticking up with a chart more of a straight line (e.g. like AAL or FXPO) and trying to trade JLp will not be worthwhile . What do others think?
Question is will we reach 21p or 22p before the sp goes flattish for a few weeks to take a breather?
The large II size buys are continuing and only small sells, if you assume buy/sell description is correct.
So how does he think the price of copper could significantly decline? Transmit electricity through the air?
No you've not missed your chance. Good news often pushes the price down on AIM.
That is the problem with JLP. People dont understand.
Hoping there is not an RNS issued soon for XTR giving the long awaited assays. If that is good news their sp will go down too!!
Here we go!
Interestingly, on the way up JLP has taken breathers of a month or two but the sp has stayed relatively steady compared to the more significant retraces of FXPO. FXPO is looking ripe for a significant retrace soon so Nimrod, your buy might have been risky. JLP is looking good for the next leg up.
And with a P/E of 3.6.
Patiently waiting for JLP sp to go on a similar trajectory to similar levels.
TA indicates she could decline to the resistance level and trend line at about 15.4. Should bounce from there unless news comes earlier.
The difference is having the cash in account now, with certainty, and available for other buy opportunities. Worth losing approx 0.5% for.