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Fabled Silver Gold Corp. V.FMK.P


Primary Symbol: V.FCO

Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.


TSXV:FCO - Post by User

Comment by SuWeberon Sep 16, 2021 1:32pm
75 Views
Post# 33871577

RE:RE:RE:Not looking too snappy here!

RE:RE:RE:Not looking too snappy here!They have enough action to flip 100k give or take shares on a regular basis. You don't want too much action and too many investors, because once you have a steady upward movement because too many investors are attracted, you lose the ability to control a stock with said fake walls.

Right now, if you have enough money, you can essentiall dictate the prices of this stock, because the volume is too low to break those fake walls. Sell at 0.15-0.155, buy back at 0.14ish or lower, rinse and repeat.

This has been going on for months and until we see interest coming back to junior miners, which has not been doing attracting a lot of investors in general, there won't be any change to this. I would say the earliest we see significant price movement is here once a new resource estimate comes along sometime early next year. 

That's why there is no point obsessing over the stock price and always commenting on it, it will stay within that 0.13 to 0.16ish boundary. The only time it dipped significantly below that was a few months ago when someone sold 1 million shares, it dipped for a few minutes to 0.09 and went back up quickly again. Said person bought the exact amount of shares back the following Monday, so one can figure out how legitime that action was. 
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