Post by
Stockmoves1 on Mar 06, 2024 9:50am
Timing Timing Timing
Many great juniors are caught up in this horrible market, The price does not always reflect the true intrinsic value. To release a PEA when a stock is down and out gives little to no clout. With Gold breaking out, why not wait to release any solid news when the wind is in your sails? There are times to be patient, these markets cycle every 4-5 years and the chart on Gold tells me all I need to know. Sprott luvs this play and for that reason I am starting to pay attention.
Fill me....
Comment by
hopeful88 on Mar 06, 2024 11:21am
What will happen to exploration comps. when Trump takes power once more and opens the door to mine development. FVL will be one of the beneficairies in a big way. Holding and adding.
Comment by
Stockmoves1 on Mar 06, 2024 11:53am
.44 IS A TYPICAL PULL off 50. I took a few and would luv to add a few more... Not in this play large sadly, running low on Powder... Up to my eyeballs in AMK. nice to have more than one play in this market and when this market goes, FVL becomes a market darling..
Comment by
Stockmoves1 on Mar 06, 2024 2:02pm
I am so happy for this pull that allows me such an opportunity to load low b4 the PUSH.... Gold breaking out and FVL pulling... win/win ... :) 41 worse case.. 43 maybe...
Comment by
Mackthenife on Mar 07, 2024 10:23am
This easily could have been done at a higher price, but at this point and extra 2 or 3 million shares won’t matter. They can’t do much with this piddly amount of money, so I see that as a good sign for a sale of GS
Comment by
Cougs79 on Mar 07, 2024 12:11pm
I have a hunch this financing is full already! ES would probably take it all at this price point
Comment by
Cougs79 on Mar 07, 2024 12:52pm
I do question the timing though! They should have announced this last week prior to PDAC
Comment by
Stockmoves1 on Mar 07, 2024 1:13pm
Why? Why not create the enthusiasm over PDAC and announce it when Gold broke thru to new highs creating a lot more excitement and making for an easy Completion.. Things have changed in this market drastically all in the past week !! Much easier to get 7mill today at 40cts than last week at 40cts. Of course for most longs one wishes for a higher PP but it never seems to be that easy...
Comment by
Cougs79 on Mar 07, 2024 4:51pm
If they had done the financing last week at .40 went to PDAC with gold rising, the sp would be .50 now and the financing would easily be done. Having to drop it 20% to do the financing is only good for a few, but the first scenario would have been good for the many. Of course this is all 20/20 hindsight
Comment by
Wtfover on Mar 06, 2024 6:45pm
Well shucks. I guess you haven't been cheering for FVL for at least 15 years or more. If we end up with 50 million ounces no one will pay up for that much for it . Time to make a deal and get it sold. In my humble opion
Comment by
Mackthenife on Mar 06, 2024 10:09pm
Well shucks. FVL went up to $.50 and was tracking up with gold nicely, then collapses down to $.44 while gold goes up another $50.00. Then to my surprise more dilution at $.40 hum.