I agreed in parts about capital intensity & targeting a specific part of the value curve but was less impressed with incubator concept. Seems irrelevant in current conditions. POW/GMET is the obvious comparison worth conservatively 50% less than the sum of the parts. The underlying issue is the market won't provide funding at a fair price for early stage projects hence FCM over the barrel with 79G. The lack of funding means everything gets done at a snail pace & too many projects to feed. The market wants highly focussed & de-risked projects eg RMR, GMET where drilling has produced proof of concepts & markets are happy to fund resource drilling. I just hope FCM/79G cash is sufficient to make discoveries at North Hemlo & Sunbeam otherwise FCM is in real trouble. |
Update from James Knowles https://youtu.be/I54QemDCRow?si=17BZNtLBUx9uLX7P |
Seventy Ninth Global Deal - future looks very bright, has anyone done a deep dive into the seventy ninth group? The money within the company and their access to global investment is absolutely massive. Im voting yes to their investment into FCM and expect very good moves on the share price in the medium to long term. |
Absolute tosh, not working with anyone. My only agenda is shareholder value & not getting screwed over. If BoD wants to avoid speculation then transparency is the best option. |
How very dare you |
Chutes, funny how you’ve gone from slating to buying in. Hard to take you seriously when you’re just a flipper. Stick to one side and maybe you’ll earn some respect, kind of shows all for what you are. |
Adding at this level now |
JP2011, your claims are not only baseless but laughably defamatory. Suggesting that the directors have set up another company to exploit FCM and its shareholders is a desperate attempt to stir up drama without a shred of evidence to back it up.
Most directors of listed companies have multiple interests outside their primary roles, and there is no evidence of any conflict of interest or inappropriate behaviour here. This kind of baseless rumour mongering only serves to distract and create unnecessary doubt. Which is what you and the people who you are working with are trying.
If you’ve got hard evidence to support your warped conspiracy theories, by all means, share it. If not, perhaps reconsider the damage unfounded speculation causes to shareholder value. This board should be about facts, not your personal agenda. |
It has everything to do with FCM shareholders.1) FCM pays their wages2) Dilutes their effort into FCM3) Potential to compete against the plc4) Lack of clarity about aims & objectives5) Using FCM to pay their expenses?6) Sourcing new projects & then flipping onto FCM? |
Johnsmit
Keep guessing and worrying about what I’m doing and why are you worried about what I’m doing. I want the share price to go up but I just can’t see that happening in the real world. Those living in fantasy world happy clapping have a different view!! |
If soul is picking up on my grammar , what does “vies” mean on gimmies post?
Gimmie is just annoyed at life. Consequently now sits on his backside moaning.
The chairman and CEO having a company elsewhere has 0 to do with anyone on here. You can make assumptions, but what’s the point. Clutching at straws.
Bodi, your sitting in your armchair, slagging off of a company you hold shares in.. it’s just bizarre.. |
Is Sales work done here
Is he off to smash something else |
Soul exactly, happy clappers who are being led by a pastor on the FCM Telegram group where many who have alternative views have been removed.
Let’s see how long they keep clapping singing Kumbaya before the penny drops!! |
You're (short for you are) not your johnsmit.
My view is balanced here, if it doesn't suit the happy clappers or uber bears so be it.
Might be a good idea to take those rose tinted glasses off and give them a much needed clean. |
Sail off you mean Sale off 🤣 |
You do realise CEO & Chair set up a new exploration company on 18th Dec, about the same time they announced 79G deal. |
Soul your on the same boat at the Bodi’s I see (gimmie and Chutes), well let’s hope you sail off into the sunset never to return again.. your just a bit of a Wally imo. |
The general market can dictate that
as well as less negativity by genuine holders.
imo. |
Maybe it will help stop the decline in the share price 😏 |
What a good opportunity to pop over and get a trip abroad at the same time!
Out of the question for me next week unfortunately.
I'm sure they'll keep us posted about any developments! |
𝐕𝐢𝐬𝐢 9853; 𝐅𝐢𝐫𝐬 9853; 𝐂𝐥𝐚𝐬 9852; 𝐌𝐞𝐭𝐚 9845;𝐬 𝐚𝐭 𝐕𝐚𝐧𝐜 9848;𝐮Ү55;𝐞𝐫; 𝐕𝐑𝐈𝐂 & 𝐀𝐌𝐄
We’re pleased to announce that First Class Metals will be attending two premier industry events in Vancouver this January. If you’re in the area, we’d love to meet you and share updates on our projects, progress, and opportunities. Here’s where you can find us:
📍 Vancouver Resource Investment Conference (VRIC)
🗓️ 19th–20th January 2025
📌 Vancouver Convention Centre West – Booth 421
📍 AME Roundup (AME)
🗓️ 22nd–23rd January 2025
📌 Vancouver Convention Centre East – Booth 1500
We’re excited to welcome you to our booth, where you’ll have the opportunity to meet Marc Sale, CEO of First Class Metals, and hear directly about the latest developments in our projects.
Whether you're a current investor, a potential partner, or simply curious to learn more, this is a fantastic opportunity to connect with us and explore what’s ahead for the mining and resource sector. |
🤣🤣🤣 |
By dangerous he means stupid |
Chutes01 - what makes you say that ?
Are you a shareholder too ? |
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