Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| First Class Metals Plc | FCM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.35 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.35 | 2.35 | 2.35 | 2.35 | 2.35 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 09/10/2024 13:41 by mrsd1 love the positivity but this investment from 79 isn't secured on the assets. Which is even more favorable for FCM, just wanted to correct that. Just proves how much faith they have in the process, future and the expertise that is the team at First Class Metals. I do wonder why its so undervalue as if an investor really did some proper research and then compared to peers this would appear not just like a bogof but a buy one get 10 free at the moment :) i'm sure there is more to read into that relationship with 79, just cant put my finger on it just yet, time will tell no doubt. In the meantime its load on the quiet whilst investors are elsewhere imho .. good luck all :) |
Posted at 08/10/2024 10:41 by ldbart I agree. It was a good RNS. Non-dilutive funding from a major player who has no doubt had eyes on the prize. It shows incredible confidence in FCM.I don't think the news has been ignored though. Lots of investors are already in with what they are willing to invest. Many watching on the sidelines were hoping for a discounted placing.Now, we await those assays and samples. If good, those on the sidelines will be wishing they bought at 2.1p today. |
Posted at 08/10/2024 06:11 by hazl This seems fair to investors in my opinion.No dilution by more shares and we don't have to put our hands in our pockets. 'Key Highlights: · Existing Loan with 79th Group increased from £230,000 to £500,000: This additional funding comes as a further demonstration of the 79th Group's commitment to supporting FCM's strategic goals and ongoing exploration initiatives. · Enhanced Partnership: The Company is delighted to be deepening its relationship with the 79th Group, which continues to conduct detailed due diligence on other FCM assets, opening the potential for additional future transactions. · Exploration Acceleration: Funds will be allocated towards advancing key projects within the FCM portfolio, as the Company remains focused on driving forward exploration activities across its core North Hemlo & Sunbeam properties.' |
Posted at 30/9/2024 09:16 by hazl PostConversation James Knowles reposted First Class Metals PLC. LSE:FCM FRA:WN9 @FirstClassMetal With gold hitting all time highs, it's the right time to be focussing on new discovery in Hemlo Ontario The Hemlo gold story, which captivated audiences in the 1980s, highlights the remarkable discovery that led to the production of 23 million ounces of gold from the Hemlo mine, now operated by Barrick Gold. Despite the area's rich history, no major new mines have been found in over 40 years. However, First Class Metals is looking to change that with their exploration efforts at the North Hemlo site. This presents an exciting opportunity for renewed interest in the region's mining potential. What are your thoughts on our current exploration efforts, and do you believe Hemlo still holds untapped resources? Follow the link below for the full video and comment in our Investor Hub $Gold #Gold #FCM #Ontario |
Posted at 29/9/2024 21:17 by hazl Kitco News) – Investors concerned that gold prices may be overextended have nothing to fear as a new set of drivers are propelling the precious metal into another distinct rally, and this one will blow through $3,000 in short order, according to Dylan Smith, Senior Economist at Rosenberg Research.In an interview with the Financial Post’s Larysa Harapyn on Wednesday, Smith was asked whether he believes the gold rally can continue after the yellow metal has already risen so far so fast. He replied that gold is actually seeing two separate rallies, each with its own distinct drivers, which means that the next stage of the bull market is only just beginning. “I think we've seen a very big leg up in gold over the last week since the Fed [delivered] its big 50 basis point rate cut,” Smith said. “That's something we had expected to be coming for some time. But I think an important thing is happening in the gold market in terms of a big change in what's driving the gold price compared to the big rallies that we saw at the beginning of this year, so that's why we're fascinated by what's going on and we think there's more to come.” Smith said that Rosenberg Research has held a price target of $3,000 or more for some time, and they don’t see much risk of a correction. In fact, they see more momentum coming. |
Posted at 27/9/2024 13:54 by gimmetheloot HazlHow do you know how the seller is motivated. Up until now nobody even knows who the seller is never mind their motivation. James Huddleston a HNWI resource investor packed his bags and left not so long ago dumping his several million shares & I remember the same brigade spouting “he needed money for another investment” JH sold at a significant loss as did the seller yesterday and everybody else who is selling. You need to build investor confidence and FCM have failed to do that in a big way. What motivates a seller is the fact that he or she has zero confidence in the company. Exploration money for oil and gas juniors dried up a long time ago because not enough discoveries were being made and money was being pi55ed away and that money never came back. Too many lifestyle companies. The junior mining business is seeing the same and soon all that money will be dried up too. |
Posted at 27/9/2024 11:39 by soulsauce gimme take no notice of hazl, this is what he/she does.Seeks out a company where the bottom has fallen out, buys in and then criticises any long term investor who says anything even slightly negative. An absolute pleb. Check out the posting history and I am sure you will find out for yourself. |
Posted at 27/9/2024 11:26 by gimmetheloot We have the usual “fly the kite high brigade” consistently posting “horse poop”You just have to see the performance of the company and the reflection in the share price as a consequence of incompetency!! There is a saying “the share price doesn’t lie” There have been large sellers who are selling at hugh losses!! Around 7-8Million shares have been dumped in the market by 1 individual just this week . Other large deep pocket shareholders have left as well. Usually companies rely on their loyal deep pocket investors to raise further capital when funds are needed. Very very worrying indeed!! |
Posted at 06/8/2024 20:44 by gimmetheloot Needs to be back in double digits. 99% of investors are down in a big way!! |
Posted at 11/4/2024 15:42 by metals magnet Heartening to see I’ve been receiving support on the Fcm telegramchat from investors concerned about me being mutedThere are still some brown nosers on there backing the board decision to do this Investor chats are for investors to make valid points about company issues I simply questioned a statement the company had made officially I was then muted Censorship won’t park There are many other chat forums such as this and the lse chat for example |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
