Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
observer842 + pie in the sky figures and suggestions = placing imminent
lets hope ivy and news don't make an appearance or i'd put money on the next RNS will be 'we are pleased to announce that ******** has been appointed as a joint broker followed two-three or so days later with; 'we are pleased to announce a placing to raise **********
that's been the MO many many times previously.
or i'm just being pedantic.............
Well, this time i was not referring to the usual 'lets post some nonsense about lithium prices in outer Magnolia or spouting nonsense about how many cars any manufacturer in the world has suggested 'may' change to electric powered' gang but the new rampers that appeared post RNS today.
No one wants more licenses, i want (i cannot speak for anyone else), the directors to reduce running costs to a bare minimum, ie reduced salaries and/or some of them relieved of their duties and for us to sit it out until we can sell some of our assets for, now here's the kicker; more than we purchased them for, shock horror.
Of course he does, he's pitching to try and get his salary extended a few more years.
This company has no money, why are they buying licenses which will take 5-7 to get anywhere near production.
I notice in the interview that the key word was 'potential'
Salaries, salaries, who said salaries! Quick, let's buy some licencees and call in the forum team!!!
Give it a couple of months and we'll start drilling holes and estimating what they could be worth.
Oh, and then we'll sell the licencees for some shares in another company that's not owned by anyone we know of course.
I stopped reading observer842 post's about two years go as pretty much all the previous one's that i took a deep breath before reading have amounted to zero relevance to the reality of this share. Estimate, estimate, and more estimate.
I'm still not sure if he's some sort of BOT or on the bod payroll as he does always turn up right on cue, something to ponder.
I've been here since mid 2014 (and have read 95% of the posts on here since then) and have never felt the need to post about; electric cars that 'may' be produced in Timbuktu, that i just looked on google earth and i'm 'fairly sure' i can make out what 'looks like' a railway track somewhere near sonora, produce a spreadsheet that 'estimates' what all the investments 'may' be worth in 3-4-5-6-7-8-9-10 years time, that one of our investments have drilled a hole somewhere in a field and there's now much more rare earth minerals then there was last time they drilled a hole a mile away.
I don't know KM but so far his track record here/car crash interviews/corporate decisions suggests he's a buffoon.
That's my two cents < punt intended.
HI,
Can you really not see its all a web of deceit, same bod on numerous companies all pulling the same system, pump, dump, change name, blockbuster rns;s, sell assets/licenses/jv's between each other for money/shares in the another company etc. Nothing ever materialises. Keep the merry go round going whilst drawing salaries.
I'm ashamed to say if took me three years to work this all out.
Anyway good luck.