RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ironic ; Systemtogo wrote: K well in his last interview he talked about how there is no doubt there is a ton of copper on their property (proof?).
Given the history of their copper property it seems very accurate to say there is a ton of copper on it. How much exactly is going to be determined in the coming sommer. I'd say there is a good chance that the property will have way more than initially anticipated/known. As much as i disagree with a lot of what 1rockit is saying, he has a point with all the numbers regarding the copper property.
Systemtogo wrote: He said that there's going to be a flurry of news and "a lot to be said over the next few weeks" which may come true but still just pumping in my opinion.
There were two announcements this week, first the early results of hole 8b and the extention of the drilling programm for an additional 1,200 meters drilled with a second drill. Furthermore the rest of hole 8b is being analyzed right now and the first results of roughly 76 g/t were fairly promising of that hole, since everything above 50 g/t silver is considered to be high grade and the sample that was released this week was only a small part of that hole.
Keep in mind, when Peter says exciting, he might have a different perspective on this as a mining expert, compared to an average investors that probably has little insight into mining and just wants quick returns of their money. Also we got confirmation that hole 10&11 are being analyzed in the lab. Unfortunately he cannot change the speed of which the lab is working.
Systemtogo wrote: Quoting loosely, "were really going to see this thing take off when we release hole after hole and they're all boomers". At 33 minutes in and again quoting loosely "stock can really move in May or if not sooner
He knows how impatient investors are. These investment boards like stockhouse or any other investment forum really are mainly used by people (or at least has a vocal majority) that wants results and they want them quick. He is not wrong though, hole 12&13 should be known over the next few weeks and depending on their amounts of silver, things can go very quick indeed.
Systemtogo wrote: And then he goes on to make a false comparison to the price of silver.
I commented on this last week or so and why i think that while it's partially correct, i also think he made a wrong connection here, but with no ill intention. Most pennystocks, including FCO, dropped severely over roughly the same time period as silver, although the latter not as sharp, which i think is normal given the nature of the pennystock market and that of silver. Peter is a geologist dealing with rocks all day, not analyzing the pennystock market so i cannot blame him too much here for connecting the wrong dots. Though he is right about the silver and now also the copper price having an influence on the companies stock price, naturally.
Systemtogo wrote: Anyway he's been saying all this stuff since January in the Agoracom interviews and with Jack. Time for talking less and delivering.
Peter is doing interviews every what, 4 weeks? Maybe even a bit more than that? Excluding their updates they now give on their Youtube Channel. If you think those far and betweens interviews qualify as lot of talking, you should see the CEO of CBDT, who basically did an interview every week or so and sometimes even multiple of those in just one week during the period of February, when their stock was exploding by 750% in that time. THAT was pumping with him basically repeating the same phrases over and over again. What Peter is doing is giving mere updates with regularly having new insights, i think so at least.