Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
True, no RNS, but the big boys have probably been reassured by the brokers in the underwriting. If there were any real issues, they would get the word long before us retail investors.
No heavy selling= No issues with Block XX. Probably just behind schedule as usual.
All of that said, am I selling? Certainly not! Let the little punters panic and miss out as usual.
Hang on, we had two 1M share trades, one which was reported late, the other after hours. C'mon guys, we are getting hoodwinked by a crafty and stealthy buyer who has an appetite for 7 figure blocks!
And the 66 numbers definitely smell like Chinese blessing these trades with luck.
The only question now, is this a buyer tipped by Sinopec or Petro China? Are things getting a little bit leaky in Outer Mongolia?
"The reply i got from Francesca ... the company is considoring a range of communications options including social media."
"Considering?" It's been 3 weeks since spud and shares are down 15%! The only thing that spud RNS produced was fear and confusion. I do hope they can speed up their lengthy deliberations, as communications continue to be a wasteland!
Amazing, the punters here! Chatterboxes describing a 0.88% drop in the share price as if the sky were falling!
So long as M.Buck and the boys have read up on how to write a proper RNS, we should be quite stable ahead of imminent Block 20 news.
With Drirector issue cleared up, all we need is a management who can put out an RNS that don't scare and confuse anyone, I think we'll be alright.
Drill bit should be sniffing those turbidites right about now!
Flipped for your 3% already Fundy? When will you start talking about your 5p target again?
As you should know, she is no longer compelled to report changes in her holdings. So how could it be damaging if you have no clue what she is doing?
Completely irrelevant point on your part?
Matad will be into turbidites and first target within two weeks? If we get shows, stock goes to 20p+, if not, still have more bites at the apple, especially the big target deeper.
No brainer here, one of the best risk reward propositions I have ever seen.
Will her resignation in any way impact whether Matad encounter hydrocarbons at Snow Leopard?
No?
Well ok then, let's focus on what matters and that is a drill bit turning on a 90M bbl target, of which Matad owns 100% of.
Maybe some calls to the drill site from the Sinopec office in Beijing?
Sadly we retail investors have to wait for those pesky RNS's M.Buck so detests!
Call me overly optimistic, but I would not be surprised to see Matad up on the day.
When you think about downside versus upside, I don't see how one can sell shares at current levels.
If M.Buck can figure out a PR strategy that doesn't frighten or confuse the poor punters, that would be a plus!
Lot's of big sells going through, obviously, but price action is quite encouraging.
I don't think the narrative that these are institutions selling to retail is correct. Not many punters step up for 250k-500k shares trades.
Ignore this at your peril
No leak Fundy?
What would you call this exactly, or is Upstream just making this up?
http://www.upstreamonline.com/live/1490778/new-mongolian-target-for-petro-matad?utm_source=ppc&utm_campaign=Upstream%20Google%20Search%20Advertising&gclid=CjwKCAjw4avaBRBPEiwA_ZetYnqwmjf359ylSt5ggt00vcy36EjkLNNR3EBZVkkFk4Oo3wKn6XYyOhoCu6EQAvD_BwE
But as a Master of the Universe, you would know either way, yes?