RE:RE:RE:RE:RE:RE:$.45 soonThank You dreamer for another informative post. Can you please give us something a little different? You've been posting the very same information for years now.
You are getting a little mundane and boring. Give us something a little better. Maybe tell us a little more about Dev & Ross's personal lives?
Dreaminthedream wrote: winr88 wrote:"
Good bottom call, 2 cents away. What's the new top? FCU is moving up quite steadily.
Is a $.65 to $.70 level top out of the question?"
It is much easier to be able to call the bottom on a stock like this than it is to call the high. This is because FCU is a DUD. It has performed extremely poorly and still shows no signs of being able to reward shareholders.
Its management garners no admiration in the investment world. They are busy doing many "non FCU" businesses. When they are not occupied with their other business interests, they are off attending conferences and conventions.
Dev is seen as a blowhard with no crediblity.
They have missed reporting the PFS by well over 3 months.
FCU is running out of cash and needs to access new funds very soon. That puts the stock at risk. The company only owns 80% of Paterson Lake. Not an ideal negotiating position to be in.
If FCU was a normal stock, I would say that it should reach close to $.94. That is double its low.
But that is not likely.
I am going out on a limb and suggest that $.82 is a possible target...... but only if the spot price can manage to get to $35.
You would be wise to forget Quakes and analysts like Fitzgerald, David Talbot, and Chang. They have been wrong countless times....big time WRONG.