This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

FCN - Falcon Minerals

Jump to new
Re: FCN

director exercised options, some 600,000 odd - who wouldn't at 20cents - ending 30 June 2005 - nice instant profit.
 
Re: FCN

I originally bought at $1.16 and bought more after they fell and now have a large (for me anyway) parcel at an average cost of $0.64. Last week I was in front for a day or so and thought about getting out, but could not stand the thought of them going over $1 again without me.

Can anyone offer a technical update on them. The charts look positive to me but I am not an expert in charting.

I suspect I need to make a decision next week on selling or holding.
 
Bingo

Chart is about a week old, but I had put this on another
forum recently as a possible turnaround situation circa 35.5c.
(Bullish Butterfly).
The 4 is part of a EW count.

GTA - arco


 
Hi I see that FCN brought out an update on the collurabbie project.I'm having a little trouble deciphering how good these results are I was wondering if anyone within the community could shed some light on the results
cheers
 
FCN has been on my watchlist for sometime...one of the directors bought 400000 shares on the 20th.
Ben Sharples had a article in mining news(21st june) about sinosteel approaching several companies in WA...(cbh and jbm).I'm just wondering wether they might have been approached as well...or maybe BHP is due to make a decision on collurabie
will be researching some more
 
Today another directors buy's $69000 worth of shares.
JBM as part owner believes FCN is overlooked
BHP to make decision on Coolurrabbie by end of july??
 
Anyone care to guess how far this one still has to run?
 
Whats going on here?


I remember this being a previous AUM/Posiedon type rise ages ago, never really followed it
 
YOUNG_TRADER said:
Whats going on here?


I remember this being a previous AUM/Posiedon type rise ages ago, never really followed it
Click to expand...

Hey YT check out there website,there's a recent broker report that gives you a good run down...but basically with there coollarabbie project they know it's big enough to be viable but BHP are still deciding wether to take it on board themselves...which would mean that the deposit is massive...the good news is that if BHP does take it on you can expext a fast track to production as BHP never experience nearly as much problrms getting matarials and labour together as smaller companies do ie CBH
this is due to them having so much clout with sub contractors ie if the sub contractors don't come to the party bhp will never work with them again- you gotta love big business!!!
Hey by the way did you get time to check out ARH for me?
 
Heard 2nd-hand (disclaimer) that Fat Prophets forecast if FCN breaks 66cents it should run..
Guess price action has something to do with resuming drilling at original site (Rhodes?) where higher concentration of PGE found. Will it reach $1.48 again? Will it go higher? Would be nice to know!
 
I've followed FCN on/off for last two years. It seems to break out for a run to mid-60s every 6 months or so, timed around when new drilling program gets underway. Price has gone from around 0.32 to 0.48 in last couple of weeks. Fallen back to about 0.41 now.

The latest update from Fat Prophets says may run if it sustains price over 0.40 , may be one to watch.

Anyone follow FCN in detail or have any thoughts on this stock?
 
I know fat prophets are confident about this one on the back of bhp doing an extensivive drilling programme and feel confident that if bhp don't pick it up jubillee will. mind you FProphets backed BMO till the death,minnd you they got MTN right too my endless frustration and maybe some others??
 
Looks like FCN is having a run. Good volume today upto 50 cents.

This has a history of running up to mid-60's and it may do it again. I think a new drilling program must be coming up soon.

Anyone heard of any drilling to come?
 
FCN has broken out today on volume and SP with no news, currently up 35%. The SMA chart is also positive.
 

Attachments

  • fcn.gif
    19.1 KB · Views: 27
  • fcn.jpg
    77.4 KB · Views: 63
You must log in or register to reply here.

Similar threads

February 2025
2
Replies
29
Views
2K
ducati916
January 2025 DDD
5 6 7
Replies
126
Views
8K
ducati916
April 2024 DDD
3 4 5
Replies
98
Views
9K
ducati916
Broker for US stocks and Commodities
Replies
0
Views
2K
Student of Gann
DrBourse TA Help for Beginners
14 15 16
Replies
319
Views
66K
farmerge
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...