Market's view on Fulcrum Metals
Published on April 2024
- Jason Brewer has recently joined Fulcrum Metals as an advisor, although no official announcement has been made.
- There is a focus on the potential for game changing tailings projects using the Extrakt Process technology.
- A stock watcher expressed disappointment that gold exploration, including drilling on Tully, has been put on hold to focus on gold tailings.
- It was observed that some positive news did not significantly influence the stock price.
- Fulcrum Metals has been seen as under the radar, with another stock watcher suggesting it might be a good time to accumulate stock.
- There is excitement about the uranium deal that provides cash and shares worth $3.3m, along with NSR, while saving Fulcrum shareholders from $3.25m in exploration expenses.
- Concerns were raised about the costs associated with buying licenses and current explorations, with reminders to consider these factors when evaluating the company.
- Questions have been raised regarding overdue gold drilling news.
- There’s acknowledgement of a successful exploration in the Schreiber-Pyramid area at the Big Bear property, exceeding expectations with a gold mineralised corridor of some 3km.
- Plans to drill Tully during the winter months were mentioned, aiming to optimise costs and accelerate development.