Ferrum Crescent Share Discussion Threads

[tilly99] 17/8/2017 14:54

One thing for sure..I'm delighted as are going up as I have millions We have no dough and JT hasn't bought a share so what does that tell u???Tells me we are going down after a ramp to get placing away

[nicosevos] 17/8/2017 14:50

Moving on up!!!!

[keya5000] 17/8/2017 14:44

Tilly just a side wager I suspect we will see my 0.2p target before your 0.00p one.

[tilly99] 17/8/2017 13:34

KeyaHe bought it for next to nothing It's worth next to nothing Seller wouldn't have sold it for next to nothing if it was worth more than that So dream on keya with your crazy price target here Not worth much more than 0.1p

[keya5000] 17/8/2017 13:06

Think you will find metals zinc especially is now well and truly in a bull market.

Think what you want of JT he's got FCR a decent asset for nothing.

[rajaster] 17/8/2017 12:12

A mine is a hole with a liar at the top.Hmmm 7% chance in. Bear market only this bear market for miners has extended 6 years now. So question is whats the value in the ground if you havent got the money to do anything to bring it to surface.

[blackss] 16/8/2017 12:24

Good post andrea

[andrea152] 16/8/2017 10:48

Well, if the Assays and drill results don't come up to scratch, then we don't hav a company anyway & everybody is screwed, including JT & the BOD, who lose their "Jobs".

Not many of these small miners are successful anyway the success rate being 11% in a Bull Commodity Mkt and less than 7% in a Bear Commodity Mkt, so statistically U R better off at Joe Coral's.

However, like Black, I think that there is a genuine asset value in the ground here, which can be liberated by a decent management team, but the current BOD of FCR wud hav to b considerably strengthened to achieve that, IMHO, as nobody on the current BOD has ever brought a Zn mine into production. ( or ANY mine for that matter).

I understand that JT AND the BOD ARE going to invest in the Company in the relatively near future, but obviously, they are "Inside" until the Assay & Drill results are published.

In life, sometimes u need to take a chance, cos if U don't then U aren't going to win anyway.

IMHO. DYOR. GLA.

[tilly99] 16/8/2017 08:33

Luckily I made good money buying on an early placing and selling most ..I just made a mistake listening to JT Bulls t again and rebuying in another placing

[tilly99] 16/8/2017 08:31

Let's see but ultimately that's where most third liner miners goJT not investing at 0.2 nor 0.14 nor 0.07 tells a story If we had any chance of success JT would've invested but he knows better than anyone were we are going Yet he is sooooo bullish about our prospects..I don't trust him one iota

[tilly99] 15/8/2017 22:28

Bore off keyaU are now a stale holder This will be 0p in time Sell the incoming RAMP that will save the BullsJustin tooth knows this is going to 0pClever man who won't lose his money A great salesman who fooled me

[keya5000] 15/8/2017 16:57

I have only invested in this today, hence why I am looking forwards and seeing value.

At 0.2 and above I could not see value, however at 0.95 I can.

Simple......

[tilly99] 15/8/2017 15:06

Andrea Dream on I backed Tooth massively in the 20 placing He lied to me He will look after number one only and that's him!!He don't give a flying toss about is shareholders He raised money just before moonlight went bust He is just like most other aim directors

[tilly99] 15/8/2017 15:03

Andrea Justin promised me months ago he would buy shares At every placing he has a new excuse He has no confidence in fcr or he would buy our shares He will try to keep lights on so that he gets his salary If he really believes in us he would receive shares in lieu of salary Mr Tooth CANNOT be trusted

[andrea152] 15/8/2017 10:57

Apologies: previous figs shud read "£31 Billion for metal in the ground. £15bn, was the total gross economic profit !!

IMHO. DYOR.

[andrea152] 15/8/2017 10:54

I think the Assay & Drill results shud b "OK", given that they pretty much know that they've got 8.7m tonnes at 300m to 1000m, or deeper and the Assay results just test the vital portion above that level, which cud lead to a cheaper mine development plan.

From a trading point of view, Punters will prob "hav a go" at it, in the run up to drill results & it will sell-off afterwards, with most of the previous 0.07p & 0.2p placees, probably finally getting out, together wiv most of the remaining hacked off L/T shareholders too, I shud think.

That pre-disposes JT to effectively come up with a new mostly-new shareholder register to take the project forward at that point - and that, I suspect, is what he has been doing with most of his time this Summer.

How that affects the SP, I don't know, but MM's will certainly hav a field day and will b the ultimate winners. (Why on earth we can't hav an electronic, order-driven deal book , like the rest of the civilised world, instead of MM's I just don't know ?!).

Beyond that, Resource delineation and mine engineering planning & funding issues will prevail, together with how to drill/develop Lago.

If all goes well, they might hav , say, 10-15m tonnes at Toral & another 3-4 m tonnes at Lago, which, in a worst case scenario, wud giv a combined total of 14m tonnes, which wud b a viable Zn/Pb mine, with the Zn price currently around $2900 / tonne.(i.e. worth about £15 Billion for metal in the ground). If the cost of production was, say $1500 /tonne, then over a ten year mine life and with 5 Billion shs in issue, that wud give an economic profit of 30p per share, per annum. (The latter figures are obviously my own postulations & opinions).

So, it's either going to fly to the moon, or die a horrible death. A Binary Bet, in other words.

IMHO. DYOR. GLA.

[blackss] 12/8/2017 02:29

"just Punters who haven't got a clue wot they are talking about"

Frightening really, one seems to think the NEX trades are Australians and the other seems to think the NEX is where MM's "hide trades" they don't want people to know about :-)

andrea, what do you expect the assay results to do to the share price ? I'm not sure. Part of me still thinks that the results are pretty well known already and the share price is unaffected, part of me thinks it will spike as traders try and make a few bob out of the results. the best hope will be if they have a package of good results and a plan to finance the next move because otherwise people will hold off expecting the assay results to prompt another dilution.

[blackss] 10/8/2017 10:27

It will be a relief to know what JT plans to do because until he declares his strategy no one can plan theirs. I need to make this work for me now or move on and i suspect there are hundreds like me who are pretty sickened by what's gone on here. The PR dept at FCR seems to be non existent, quite how JT plans to keep shareholders on board on the past 12 months form i have no idea but he needs to think of something soon.