Two months to go until the amended Heritage Protocol Agreement runs out
Glenlogan, do they walk?
Fosterville... it seems that they are having access issues. The ground they've got which surrounds the Fosterville gold mine is getting more valuable by the day but you'd never know it. What was the gold price on 5 October 21 when they were awarded block 4 ---- it was US$1759 or A$2414
I'm surprised at the lack of coverage on this one, especially since FAL has been in the news. There's nothing coming up so the share price should remain stagnant, it has to be said 'what a dud of a company' for one that has as good a ground as you'll get ---- unless ---- there's a reason why they want the share price low! and it's usually money in the pockets of anyone but retail ---- the ground is hugely valuable to Agnico, financiers would like a sniff too.
Two months to go until the amended Heritage Protocol Agreement runs out
Glenlogan, do they walk?
Fosterville... it seems that they are having access issues. The ground they've got which surrounds the Fosterville gold mine is getting more valuable by the day but you'd never know it. What was the gold price on 5 October 21 when they were awarded block 4 ---- it was US$1759 or A$2414
I'm surprised at the lack of coverage on this one, especially since FAL has been in the news. There's nothing coming up so the share price should remain stagnant, it has to be said 'what a dud of a company' for one that has as good a ground as you'll get ---- unless ---- there's a reason why they want the share price low! and it's usually money in the pockets of anyone but retail ---- the ground is hugely valuable to Agnico, financiers would like a sniff too.
CR 5th June approx 3.5 millionI can't stop following this stock as the ground they've got around Fosterville, West Murchison and Jillewarra is exceptional.
I'm calling a CR in the not too distant future purely on recent trading, call it quantum entanglement if you like but there's something there and for shareholders the availability of good ground to drill might come to light. Just on odds alone they're 50/1 to find anything that would give the market hope and a short term upswing, but they do have the ground.
Yes, that didn’t go unnoticed at the time, nor had I forgotten about it when I posted.CR 5th June approx 3.5 million
Plus at the time approx 2,200,000 sell @ 7.5 from memory was taken out. Sometimes it’s the small money that gives an indication rather than the chart shapers with big pockets.Yes, that didn’t go unnoticed at the time, nor had I forgotten about it when I posted.
They were closing it on the days high on small volume at the end of the day for several days, it was unusual trading at the time.
This playing out real well....For whatever reason..West Murchison drilling starts Monday results late Sept or early October....
Agnico completely surrounded at Fosterville and recent approvals going a long way to a further 10 year mine life extension at Fosterville..
chart - triple bottom in play with 0.17c target needs to stay above and close above 0.11c...
View attachment 207090
FAL money and they'll stick fat just like Sirius holders.Pretty strange action based on nothing. Insiders adding, perhaps. Agnico taking a position, maybe.
Deed of variation at Jillewarra runs out in a month. That’ll be 5 years of ‘negotiations’ without an outcome.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?