Panther Metals Share Discussion Threads

[broken_arrow1] 12/5/2023 08:00

One suspects it will be nigh impossible to buy in any size this morning, it does look like a re-rate is on here.

[hazl] 12/5/2023 07:52

2987


Interesting grim I suspected as much.

Pleased that some are brave enough to say it.

[howie26] 12/5/2023 07:23

This share is going to run up hard now

[hazl] 12/5/2023 07:18

Undervalued or what!


IMO

[oilbuy] 11/5/2023 22:03

https://youtu.be/0yNurV65UdQ

[grimreaper2019] 11/5/2023 21:17

The market in small caps is as bent as a nine bob note FACT - Can you short micro caps YES - via CFD's, spread-bets and in particular brokers/market makers who are often close to the company.

The mistake CEO's make is they 'trust' their advisors - do so at your peril.

An example (cannot name the company or the exact detail) but this happened...

A microcap company listed on AIM with around 350m shares in issue, their stock had fallen from 15p to 1.25p in 18 months - the company had a history of placing stock and used a 'bucket shop' broker.

The company was baffled by the drop, it was discovered that the selling was coming from an offshore account in Jersey, St Peters Port to be precise, a nominee used by various city entities.

Due to the regularity of placings the company was seen as a 'rolling short' it was evident it was an inside job.

So what happened, the company sourced alternative funding but kept it quiet as possible, not even telling their advisors, further they suggested via the eventual RNS (announced after market close) that more cash would be forthcoming from the same route.

The result, such was the bear squeeze (shorts trying to close their positions via the market in panic fashion) the share price rose from 1.25p to 11p in two sessions.

Not suggesting that PALM has the same level of shorting but it is likely there are some open shorts - one hopes the CEO will stick by his guns and not succumb to city advances and source the cash from alternative routes as implied more than once.

DYOR etc.

[hazl] 11/5/2023 19:58

Those that crticise, ought to look at every other miner in the same category and the stock market, in it's entirety, before they over dramatise the historical narrative.
The current trend,everywhere, not just here, is choc a block with groaning shareholders....so think how management feel.
It is the macro that is causing the turmoil I am certain.


Hold onto your hats in this climate because things aren't very friendly out there.


I do think though that if currencies lose their purchasing power...despite the stock market looking dodgy, some stocks will recover eventually whereas money just goes through constnt devaluation.
I certainly don't mean spend all your money,cash is king but if I have some already that have lost value, like this one what's the point in despairing?
The assets are still in the ground.


IMO

[howie26] 11/5/2023 19:25

As Darren says this is well positioned. We could move to a new trading range soon.

[soulsauce] 11/5/2023 15:45

👏👏👏

[spangle93] 11/5/2023 15:43

WTGR grimreaper

regarding - "The statement made by the company re no equity dilution at current levels is a material event that has clearly put some noses out of joint."

Not really because
1. Shares were placed at what was a large discount to the price over the previous few months last year, so the company has form in this

2. Is there really any evidence of shorting this stock

3. As yet there are no alternative sources of funds established that would galvanise the share price to rise to levels at which presumably a placing would be acceptable... which last time was 5.5p - it would need a 100% rise from recent lows even to get there, and it was a shocker at those levels last time around. And what is the upper limit for "current levels" as expressed when a share price is ca. 3p? is it 4p? 3.5p? 12p?

4. Debt is not an option for an exploration company with no income

So while there continues be no visibility as to how this conjuring rabbit can be pulled out of a hat, the market will continue to doubt that the stated intentions of "no fund raising at current levels" can be achieved

[goldenshread] 11/5/2023 13:54

PALM hold 20% of Fulcrum - new interview released today.

A lot of news to come from Fulcrum.

[grimreaper2019] 11/5/2023 13:09

There is no supply of stock that is why they are reluctant to trade, it is happening across the micro cap space where the corrupt system continually relies on companies placing stock at lower and lower levels, most CEO's happily oblige.

Now what happens when someone does not play ball, like Panther, you get exactly what is happening here, short positions cannot close and retail punters are locked out.

The shrewd will be placing limit orders or marginally above offer, the get out for 'the suits' is the normal market size in PALM is just 7,500 shares.

The statement made by the company re no equity dilution at current levels is a material event that has clearly put some noses out of joint.

As posted earlier coiled spring comes to mind.

[broken_arrow1] 11/5/2023 11:15

A premium being asked for just 50,000 shares currently, most online brokers are 'at best'

The supply is running out, good luck getting any.

[hazl] 11/5/2023 10:03

People do spread bets I believe.

[soulsauce] 11/5/2023 08:40

Can a small cap like this even be shorted? I doubt it.

[grimreaper2019] 11/5/2023 08:26

Coiled spring comes to mind, one wonders how the shorts will close out now they know there will be no exit via a placing.

As ever retail investors failing to take advantage, not helped by market maker antics.

[hazl] 11/5/2023 08:16

It is beginning to be noticed.

[spangle93] 11/5/2023 08:13

Fulcrum Metals plc, a multi-commodity minerals exploration company, is pleased to announce that Ryan Mee, Chief Executive Officer, will provide a live investor presentation via the Investor Meet Company platform next Thursday 18 May 2023 at 11am BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-even via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Fulcrum Metals via:

[broken_arrow1] 11/5/2023 08:09

Nothing available online with most retail brokers, IG want 3.55p for size.

The shenanigans continue.

[hazl] 11/5/2023 07:36

This could be the catalyst!

[howie26] 10/5/2023 18:39

Any big volume on a decent RNS will probably see this rerate to 6-7p pretty quickly. People buying now could be onto a winner