Australian (ASX) Stock Market Forum

FFM - FireFly Metals

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lonsdalest said:
Rumours are being backed up on other forums. This company appears to be in big trouble. Ouch!
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Storming George.. I hear they have 2.75 mill in the bank and are burning .5 mill a 1/4.. good for another year at least... but hey another rumour I hear around the traps is that you have been booted from two other share forums already.. ;)
 
Looks like it could be forming an ascending triangle, resistance at $1.75. I'll be watching for a potential break out through that level. Purely looking at the chart at this time, haven't looked at fundamentals in any detail.

They seem to be punting heavily on Punt Hill, (no punt intended). The tenament is in a nice spot (close to some nice walking tracks through the Flinders Ranges), but other than that I can't see what's driving this. I suppose they are counting on the fact they are looking for an 'OD' style of mineralisation and they're close to the GG..... :confused:
 

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Joe Blow said:
Make that three.
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Its the lisp that gives him away.. :D
How many email addresses do you get with a provider now.. 6?? 3 down, three to go. :frosty:
 
Kauri said:
Its the lisp that gives him away.. :D
How many email addresses do you get with a provider now.. 6?? 3 down, three to go. :frosty:
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Perhaps he'll come back as Bullstorm?

Thanks for keeping this forum sane Joe.
 
Joe Blow said:
Make that three.
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Sorry Mr Blow. You forgot to add up. Its four, including me. Must be related to the Storm. I better be careful, this negative character will start to post negatively on one of my other favourite forums.
 
I'm watching this purely from a technical perspective. Looks to be heading towards resistance at $1.78 ish, in ascending triangle, although MACD turned over :confused: ... Might be heading to a breakout soon.
 

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Trading halt after breaking through that resistance. I missed it. :mad: :banghead:

Watching too many things..... :(
 
LifeisShort said:
Lets see what comes out. I have my finger on the trigger.
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As i posted on another site today for whats its worth
1 ...i am not a holder
2...advisers in the initial raising @ 20c are still holding ..havent sold one share
not that that doesnt mean they cant pull shi!!ers as well...but if i held it would give me some comfort
cheers
 
The Things we know:

Unidentified trader buys 50k on Tues on "no news" >awful lot of cash on a speculative basis without info from somewhere. Wed: Share price up maginally. Thurs: Share price up 20c. vol 920,000 before trading halt at 1:30.
If I was a director it wouldn`t be at that point that I would in initiate a trading halt if it was bad news..Would you ?? :rolleyes:
 
Prepare yourself for a ride.......its a good adrenalin rush.....although be prepared for lots of disappointments. Stuff base jumping, bungee jumping etc......investing in specs is the best rush.

MOX is an excellent example of a current speccy....but there are many out there at this time.
 
LifeisShort said:
Prepare yourself for a ride.......its a good adrenalin rush.....although be prepared for lots of disappointments. Stuff base jumping, bungee jumping etc......investing in specs is the best rush.

MOX is an excellent example of a current speccy....but there are many out there at this time.
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Yer you`re right..but the hard part is sticking to the game plan. I dunno about you but I have been on plenty of shares that went up after I lost patience and swapped to another "bargain". the only thing that I have stuck to my plan was with precious metals (silver) and even on that i could have made quite a bit more if I had faith in what i knew 5 years ago.
 
trading opportunity kennas? The report didn't seem "that bad", but my report analysing skills arent pro. what did the market get out of it that spooked them so greatly?
 
Got me stumped. Looked like an ok report to me. Perhaps more was expected? Strange response.
 
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