Ferrum Crescent Share Discussion Threads

[bad robot] 11/5/2016 15:31

Warning 0p




Hope this helps

[patviera] 11/5/2016 15:15

Very very happy great rise

[hope67] 11/5/2016 15:04

Ridiculously undervalued, fully funded, £22 million iron ore asset plus Spain and Zinc price set to double

[driller50] 11/5/2016 15:01

Topinfo ‏@TopTradersADVFN

Im back earlier than I thought I would be. #MATD and #BZM looking great & #FCR those dumping for your 10 to 20% U will regret that big time

[tromso1] 11/5/2016 14:33

From 3:13

CEO reckons Moonlight is worth $33m today.

So that's £22.8m vs current mcap of £1.4m.

[loverat] 11/5/2016 14:10

Correction - looks like it has hit 0.30p and above twice in the last 6 weeks.

Always a good one to bottom fish and tuck away for the next spike.

[loverat] 11/5/2016 14:08

Looks like its gonna run up to 0.30 for the third time in just a few months.

[bad robot] 11/5/2016 12:58

Really?

Look in the history of this share, and look who hammered this to the point of no retrun

[patviera] 11/5/2016 11:54

Buy Tgt 0.28pV cheap

[patviera] 11/5/2016 11:53

Managed to get a few of these at 14GRUNTLINGOnwards and upwardswill double my money x

[tracy_moore] 11/5/2016 10:10

Lol, pot, kettle, black from the above.

[bad robot] 11/5/2016 10:03

Inbreed mong alert


annonymous2 10 May'16 - 21:12 - 3475 of 3481 0 1 (Filtered)

[blackss] 11/5/2016 09:26

Nobody cares you two...Go away please.

[singer8] 11/5/2016 09:03

how many more names hatey ???????????????

annonymous2
sharetips6
hatetrader
34simon
55investor
27howard
29howard
21trader
tradermick
tobytime
hatetrader1

[annonymous2] 11/5/2016 08:47

Hope.

Does not look like flops and his twitter mates are going to get much out of this one. Maybe 5% I'd guess he's already sold. Seems to be endless stock and when the 5 minute traders have enough it's back to square one in a jiffy.

[hope67] 11/5/2016 08:31

Option to Acquire Interests in Lead-Zinc Exploration Projects in Spain

On 16 February 2016, the Company announced that it had entered into an option and sale agreement (the "Option and Sale Agreement") for a staged option fee of up to GBP22,500, with TH Crestgate GmbH ("Crestgate"), a private Swiss-based company, in respect of the potential acquisition of GoldQuest Iberica, S.L. ("GoldQuest"), its indirect wholly-owned subsidiary. The Option and Sale Agreement affords the Company an exclusive option, valid until 31 July 2016, to acquire 100 per cent. of GoldQuest's issued share capital (the "Option"), for an aggregate consideration of approximately GBP460,000 (based on the Company's prevailing mid-market share price of approximately 0.14 pence per ordinary share), to be satisfied principally in cash and partly by the issue of new ordinary shares. The Option is exercisable entirely at Ferrum Crescent's discretion.

GoldQuest owns 100 per cent. of licences covering 2,024ha in the Province of León (the "Toral Project") and 100 per cent. of licences in the Province of Galicia (the "Lago Project"), all such licence areas being located in northern Spain and having high prospectivity for both lead and zinc.

The Board believes that the prevailing market prices for both lead and zinc will strengthen further, underpinned by an anticipated fall in market supply. Accordingly, the Board believes that the more advanced Toral Project, in particular, with significant exploration data already available and being located within a politically stable and historical mining region, represents a cost effective opportunity to enter this market sector.

Geological interpretation and review

The Toral Project area has been historically assessed as containing a single, tabular zone of mineralisation, at depths of 300-500m below surface. However, such historical modelling is simplistic and excludes a large amount of normally critical data and, following its recent due diligence enquiries, the Company believes that the existing NI 43-101 resource estimate significantly under-estimates the mineral potential of the Toral Project. The Company further believes that an initial low cost exploration programme should be able to test the mineralisation in a series of parallel, sub-vertical structures running from depth up to surface.

Utilising the existing data and applying an exploration process that takes into account key structural controls and the characteristics of existing nearby mines will be a key initial work programme priority. Ferrum Crescent's objective, following the anticipated exercise of its Option in due course, will be to establish a JORC compliant resource estimate at both the Toral Project and the Lago Project as well as re-examining the scale and continuity of mineralisation at the Toral Project.

Mineralogical assessment and future process design

Ferrum Crescent's ultimate objective would be to establish a credible mineral reserve in a cost effective manner for consideration by potential future acquirers and/or development finance groups.

Following assessment of the geology, together with a desktop study of nearby mining operations, the Company believes that the metallurgy at the Toral Project is straightforward and uncomplicated. Furthermore, it is anticipated that any economic ores defined at Toral will be capable of being processed using simple industry standard techniques. Preliminary assessment also indicates that the environmental aspects of the project pose no unusual challenges, whilst the main social impact will be a desirable increase in employment opportunities for the region.

[hope67] 11/5/2016 08:29

Fcr annonymous2 seeing as your such an expert on fcr get your questions in

[annonymous2] 10/5/2016 21:12

lol

Have you seen the video being plugged, the presenter cannot keep a straight face
she is laughing right from the start. Amazing how people get roped into standard
lines like "we are looking at opportunities in Spain"...so what..."transformational".....what...because they are going to look at new opportunities....they put on just as much spin as the flops and his twitter mates !

[singer8] 10/5/2016 21:01

how many more names hatey ???????????????

annonymous2
sharetips6
hatetrader
34simon
55investor
27howard
29howard
21trader
tradermick
tobytime
hatetrader1