Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I see this BB is as useless as usual regarding DEC so just as well talk about anything!
Hi GG…
I gave ya a tip to buy HEX recently at 10.5p. I figured if you were allowed to spend some pocket money that might temper your acidity!
Since you thought I was FOS. I figured it was a fair challenge to show I know what I am doing ‘overall’ coz I do get some wrong! Thankfully though having ….. nah I don’t need to go there, no one believes it anyhow!
Well moving on I actually have more in monetary value in HEX now than in here! lol!
And I ain’t selling HEX yet as it’s just got going!
Don’t worry though I will do my thing and start selling from a double and a treble and then tip the profits into boring old income plays just like Dec that incidentally plays like a fiddle! lol!
And I am pretty sure anyone in HEX from around 15p with a bit of patience will then have the opportunity of a free carry leaving no worries if if goes bust or ballistic!
So there ya have it!
I have ya a freebie and for all your knowledge you passed on a once in a 3 year trade. That’s my experience of HEX hence I have gone in big!
Check my posts there and on Tecan and read the HEX listing document. It’s a rare opportunity!
Folk pay the likes of IC and tip sheets a fortune for a find like that and I have given it away like free cinema tickets!
You just gotta decide to look at some other ratings, book a seat or buy the box set! lol!
Go figure…
Usual caveats
Trek
22/4/24 17:30…
“ Oh I ain’t going to over ramp it. But I think I have earnt the right to post one here.
Check out HEX, a US helium play. Just IPO’d. I know there are some geo knowledgeable investors here that can figure it out for themselves but you may not have heard of it. A home for some change!”
Could have had em for 10.5p when I posted here. On the move now!
I put more in there than I have invested in here! So still got me mojo….just ffs!
Good luck
Usual caveats
Trek
Order went through to clear out some more here. Thought we already had an expanded EAP. cBA’d to look back anymore!
I put all the dregs from what I sold here into HEX. With the extras I put in I have recouped my losses on paper at least already!
So happy as I was thinking I had lost my mojo!
Just have a fraction of my original position in here now. Took a +50% loss!
10p ish will do with my small remaining holding. I do think that that is still possible. So I wouldn’t advise folk selling but I would advise super duper extra caution here….
See page 21 of the annual report. Now there’s a yardstick!
Dialogue with major shareholders…
The company places considerable importance on communication with shareholders. Discussions take place with major shareholders with the companies delegating authority to the chairman and chief executive to present the strategy and financial results of the group.
Major shareholders = self or nominees!
Where’s the communications from the chief executive with nominee shareholder accounts so you and I!. I mean it’s apparently of considerable importance!
There’s loads of recycled BS like that in this AR! Just like the last EAP RNS, the market did eventually clock it!
So if the BoD takes keeping shareholders informed seriously. Go search for the last Trevor Brown interview on proactive, diretors tlk, crux etc. fk all!
https://www.iqai.ltd/wpiqai/wp-content/uploads/2024/04/2023-12-31-IQ-AI-Annual-Report.pdf
I still think there’s a chance here but not imo for any new money.
I have always said this is a punt with a realistic moonshot opportunity. That may still be the case but atm I think I have been hoodwinked and I should have known better. And I could now buy my sells back on average cheaper if I so choose. But not on your nelly! Not until TB at least steps down!
Trek
Legal 16:53 post…
One of the most sensible post I have read here today. No wonder ya only got 3 ticks lol!.
Mind you the Co-op have some specials on atm!
Perhaps if you and Jungmana get together you could have enough for the pizza and beer offer! lol!
I’ve ticked you both up for saving folk from themselves!
My fam think it’s hilarious that I got ‘a like!’….
Anyways hard bit nearly done now. Just case of watching the clock!
Usual caveats
Trek
So there ya go. Back from a round of golf. Played crap by the way, after such a good run. I just don’t get it! 79 to 88! No reason!
Anyways I called a 1p rise in a day here then a 2p day. Even got that wrong! Gone straight to +2p! lol!
I note now the 250k late prints have come through. That explains the auction this morning when it was NT and I was trying to add. I reckon that’s the clear out.
Note that every trade today was an ‘O’ type so no fking about you get what you see!
Well that’s me done now. Sat with for me a ‘big’ position and at last a nice cushion. My next trade will probably be a sell. So I don’t wanna upset folk and the one after that will probably be a buy! lol!
Now handing over to the Helium experts, the geo’s and the marketing experts! That’s the next set of drivers here imo!
Short on finance long on ops.
The season of ops is now upon us!
And those aforementioned folks will know the next price drivers better than I! Mine is a different criterion from here on!
Ps Welcome all the newbies! You are still in early imo!
Use any pullbacks to buy. There’s a long way to go with this one. It’s just starting imo!
Usual caveats
Trek
Tick tock …
It’s close….
https://www.visualcapitalist.com/charted-which-country-has-the-most-billionaires-in-2024/
Trek
O trades doh!
Lol Tro,
Troll away I want a last hundred at 12…
Don’t think it’s delayed buys though mate. All A trades look like buys from the hopper. MM’s running low. Last ditch before the BH and ops news soon.
All orchestrated selling as per listing doc. ‘Easy money’ mate.
Will settle around 15p in a few weeks.
Usual caveats
Trek
Hasn’t done this before. Looks like last ditch clear out going by the number of late intra-day prints.
Soon have a nice cushion here me thinks so I can watch from the sidelines! No one likes a trader!
Will move over for the helium buffs, LTH’s and rocket emoji’s!
Good luck however you play it!
Usual caveats
Trek
My typo fat fingers q3 - q2.
Q2 scoping study
Q3 drills
Q4 flow test
Q1,25 detailed engineering for production.
Page 22
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Admission-document-final.pdf
Q1 25 will likely need finance or a JV or state sponsorship or major customer investment 9helium user like spaceX/medical OEM). Or combo of any!
So imo q1-q2 is accumulation period ahead of q3.
Q2 catalyst is overhang clearing. So balance shifts in favour of buyers ahead of q3 drilling. So less buys will be needed to push sp higher.
That narrows buying window down based on volumes traded…
Over 60m traded in April. Plenty to dent the 10m concert party sale.
https://www.londonstockexchange.com/stock/HEX/helix-exploration-plc/trade-recap
So atm buyers that missed out on IPO are helping net out the sells.
Not many PI’s here. Many tend to wait for bigger price moves or riser stocks. They go by mcap v peers v cash so even paying 15p is cheap and it still offers momentum and plenty of upside.
These next few days are about as good as timing gets imo
But different reading of the same data is what makes a market!
Usual caveats
Trek
Hooray, that’s my trade printed at 10:10 real time from 08:51. So over an hour late!
In my opinion what is happening is the MM is using the Hereford 10m to feed the larger buys. That’s why there are so many delayed larger prints.
They may also be trading some as well. Scalping a few hundred quid and probably have a T20 running alongside their book as they pretty much know what will happen when the stock drys up and news hits. Double buying pressure!
The thing is these events are only dependent on time and obviously buyers emerging. But it will need less buyers to move the stock once the overhang clears. Which given the delays are an hour now and going by past volumes that must be pretty close.
They basically have had to refill the hopper from the 10m float or it may as much as be run dry now.
The MM will likely have parameters to sell the stock. It was in the listing doc that they have to sell but was an orchestrated sale. So they can’t go dumping it all in one go.
I am actually amazed it held above 10p. I was expecting a dip to 8p hence have waited before buying more. As I posted before a buy signal imo is the ‘strong’ 11p close which looks on now.
I also posted to expect to see a 1p and then a 2p rise day here. I think both are still on and more when ops news comes on.
That’s the key with resource plays. Go short on finance. Finance is done. Tick!. Then go long on ops. Ops is starting so buy. And ideally buy after finance and before ops news flow. Which is as near as possible now.
It’s also q3 so whilst one can never time it perfect these next few days are probably as good a window as any.
Helium is sought after and we will have loads! Bla! bla! …. lol! You get what I mean. Two valid options to play the same stock.
Usual caveats
Trek
Tro,
My 100k buy still hasn’t printed. See my post there.
What’s happening is the MM is holding the bigger trades and feeing it from the Hereford concert part pot. Once matched it’s posted. That imo is why all the bigger trades are printed late. My buy was at 8:51. It’s 10:05 now and still not printed.
Line must be engaged! lol!
I have posted HEX will do a penny in one day then 2p. Still time to average in.
I am in ‘big’ ‘only’ enough for a last 100k left now. One waits years for one of these to come along!
Usual caveats
Trek
Lol!
Every day is a bank holiday when you are retired!
Well actually it’s the opposite we have rules to follow.
1. No unnecessary travel on BH’s to add to traffic congestion
2. No DIY shops on Sunday
3. No shopping on a Saturday you get in folks way browsing with a slow trolly
4. Basically stay out of the way on a Bank Holiday and if your loved one’s do take you out. Expect a crap meal, rip off prices and crp service as it’s sooo busy! but pay with a smile!
Trek
So my 100k buy went through at 08:51:25…still not posted here….fkrs are sat on it as expected! Just like the other delayed trades!
Will get even worse when we get momentum, 30m mcap soon imo then 60m is possible before drill then even 100m on JV/find.
For sure 15m is a joke.
Usual caveats
Trek
Don’t matter that results are later. What matters is being told of another new date or why they can’t give one.
Take your pick coz rumours will start now…
Delisting
No one left knows how to use a calculator
Divestment of all assets
Takeover of company
CBA’d!
That’s why there are regulatory requirements.
I will contact nomad and MAR if nothing first thing Monday
Trek
Interesting
https://www.visualcapitalist.com/visualizing-global-gold-production-in-2023/
Trek
Done my bit another 100k at 11.415.
I still think under 15p has plenty of upside.
SuperRoty,
Nobody likes to crystallise a loss but there’s an ov saying with some justification to ‘sell your looses and ride your winners’.
If you have money for momentum stocks then follow the momentum up not down. Bite the bullet. It should be funds you can write a large % off anyways but don’t sit and watch the whole amount disintegrate!
If it’s an income play and it’s trading within its bandwidth fine. But even then I sell and recycle a % to keep working my average.
As I don’t have any other income than from my investments I have two simple rules.
Rule one. Protect you capital, if you loose it you are out!
Rule two. See rule 1 !!
Easier said than done mind you!
Every now and again you get an opportunity like HEX come along with a good bod and a fully transparent financing package before you even look at ANYTHING else. Then you add up the chances of making money along the way. That’s what’s key here, there is a good chance you can take your capital out or a high percentage and get a free carry. And that’s all before the director lock-ins expire!
Oh yeah, helium is sought after and expensive, US security of supply, safe juro… blah blah.. it adds to the narrative!
Usual caveats
Trek
Out for now. Back later. Q1 will be a blinder!
Gold infographic…
https://www.visualcapitalist.com/visualizing-global-gold-production-in-2023/
Trek
Https://www.visualcapitalist.com/visualizing-global-gold-production-in-2023/
Trek
TRR are in profit. Good set of results. You have to look at the data (the report is poorly set out imo, finance headlines should be first!) you see 2.3m NET profit v (3.6m loss). Nav up a little and gold as expected is driving net revs. Remember this is year end so q 1 will be better.
Question is if 3.25m cash with increase in gold revs = another asset being funded + admin costs. I think so.
Sp didnt go either way so I sold at evens as can come back later and went to buy HEX…. NT! of course it flipping was! So set orders so I can cook some breaky on this rainy day! lol!
Usual caveats
Trek