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Ferrum Crescent Share Discussion Threads
Showing 4076 to 4099 of 4100 messages
|Yea sorry about the LSe posts but TBH the guys over their wind me up with their daft posts,which are basically all about misleading new investors. FCR will do well without their daily nonsense. I just hope the deal on Moonlight and the BFS is reversible and we didn't hand over anything in advance.I do worry that for all the good will from JT we still have very little concrete progress other than paying 360k for something we have yet to prove is even worth 360k. As pat said, you cant buy tenners for fivers.|
I was going to respond over the LSE board about your question about Ovation owning or potentially owning some of Moonlight, i have spoken to JT about this in the past and they have not kept to the there side of the deal; as it was originally meant to have been completed by now and therefore they will get nothing, and to be honest yet another company that has not yet kept to the contractual agreement along with PMI and the muppets before them! So i wouldn't bank on them getting anything, which the update before end of calendar year i hope will clarify. They need some proper company involved not some back street loan shark!
Hopefully not long to wait for an update!
|I am still misreading it, it looks better :)|
|Oops my mistake got a bit over excited there....lol...9.5mil it is, mis-read it.|
|Agreed patviera, Let them trade and miss the big jump coming!!!|
|NO laptop, they already had 100m from the Goldquest deal. They have bought another 9.5m, in the mkt, which is still good news, to take them up to 5.86%.
Makes them the 2nd major Instit Investor in FCR, which is what JT said in his podcast yesterday. Hopefully more to follow IDC.
|JT has already said on many podcasts exciting news coming If you trust him,which I do, then u have to chill as a medium to long term holderYes his hopes maybe more than what happens eventuallyHowever I believe in him and believe we will have good news prior to XmasSo I'm not a seller sub 0.3 at leastLet the traders trade..I'm not selling down here|
|Yes Citybank, buying 100 million more....very interesting :)) another good sign that some of the big investors are moving in!!!|
|Is that an increase of holding of 100m ?|
|Its a shame to see how the AIM has changed over the years from an investors long term high risk /high reward punt to a traders short term cash in. People now will buy and sell if they think they can get out with their money for a week and get back in again before an share price driving RNS. OK so you might miss the boat but you are probably making on the other punt you pulled your cash for. Yesterdays podcast while upbeat was seen by quite a few as news on Moonlight next and nearer Xmas so might as well sell up for 6 weeks and get your money working, it will probably just drift down here anyway and good news at xmas will see us back where we were anyway 6 months ago.
Its a bit of a mugs game going long now on any AIM. the reason is of course....when i started this we had to go to the bank and order shares, we eventually got a cert and you needed that to trade them later. Now i can buy and sell withing 2-3mins. what was a market to encourage longer term investment in new ventures has become an on line betting shop where people expect to make their money during a single trading period.
The upshot is companies like this never really reach their initial expectations for the SP, traders control the price daily, MM's serve them with close spreads and movements on very small volume (Look at this one, 10% down yesterday on a % volume to small to calculate)
I don't know what the answer is but more and more i am finding the longer i hold the more i lose with AIM.
This is not a moan about FCR or traders, just an observation and i wondered what you guys think ?|
|Agreed black, you were right whenever there is a podcast with a a company that has not had news in the last day or so it seems to get sold off....but the story remains intact and it certainly sounds like he has the right connections for getting am institutional investor in which is certainly half the battle, all he needs to do now is deliver the good news!! Also good news that no consolidation is planned. Think he is very confident which is a good sign, u can't fake that and I believe he believes he's onto a winner here! Loads of potential at such a cheap share price :))Bring on the RNS's!!|
|I think what today has shown is he is not going to talk this up, we are waiting for positive progress now.|
|Cheers for sharing black :))|
|This is the link to todays interview with JT
|Well thats my fear as i said but lets see what the analyst have to say. Bottom line is someone has to soak up half a billion of these or JT will need to do a 100:1 consolidation to give this a decent share price and future out of the fractional penny stocks.
My fear with consolidations is once the share price goes up and the in issue goes down we will get a series of placings and end up back here where we started....which is basically what has happened to get the share price down here in the first place.
JT talks about shareholder value, he must know he will need stability in the share price first and he will not get that with PI's|
|Institutions won't touch thisIt's too small|
|Cheers black, yes institutional investors would be fantastic to help support the funds needed for both major projects :))I guess the reason it's so cheap at present is the lack of funds and a bit of the unknown but when news comes out some of these issues Will be resolved and this could rise sharply based on asset size alone!! Plus sheer investors wanting to buy in.Good luck all and here's to an exciting few months :)))|
|Welcome to the thread both of you :-) as you say laptop exciting times. If Sam is correct the visit by analysts should be complete now so the next week will confirm either interest or not by the Institutional investors and that i think now is the important next step. I think JT has hooked the interest of a lot of PI's who are either in or watching closely but now we need some institutional investment money to make a foundation for the share price to build on.
Lets see how it goes.|
|Looks like u timed it well rusty.... exciting waiting on the news to come through here! Imo this will go over 0.50p by Christmas if the updates are as good as expected :))I got in at 0.23 last week!|
|Back in at .24.
Good luck all.
|Yes this week Black and they are back Wednesday i believe.|
|Agreed sam, i think this week will show whether JT has credibility or we are just on another FCR "talk it up". ii's will be hard to win over so the FCR team have their work cut out. Might be handy if he has any bomb shells to drop, if he could drop one at a strategic point during the visit ;-)
Do we actually know the visit is this week ?|
|Well hopefully should be an interesting week as JT, Merlin and the II's across in Spain, hopefully they like what they see and hopefully some serious volume at the end of the week. In the mean time the MM's keep the share price ticking along simples!... .... :-)
|If anyone has a free minute, it is interesting (& instructive) to look at BKY.L, which is Uranium in Salamanca, just down the road from Toral.
They are further down the development road, and its a different Mineral, but value-wise, the deposit is worth roughly the same as Toral, but the mineral is not yet in demand.
BKY has a mkt cap of £105m, and only the one resource,in Spain.
FCR currently has a mkt cap of £5m, and has 2 resources at Toral and Moonlight, both of which could produce an NPV in excess of 10p per share, when developed.
Also, FCR currently has no major institutions on board to support the share price, whereas BKY has 10. All that could change very rapidly when Toral is proved up to a JORC resource.
Shows the current undervaluation of FCR by the market, to extreme.