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I think of it changing from a 8 month deal to an 8 year deal with Genstock. 8 years is this year for me... 4 stocks - Let's see FTMR and HENC can go for a ride finally...
I dumped this a while back. I am I henc now.
I don't know Buc, no matter where you're invested, it's always prudent to be wise. I've been pleasantly surprised that what I thought we formerly worthless HENC shares have appreciated in value.
I've taken out my cost and then some. Will the RM happen? Who knows? It looks promising, but serious gains and big profits have to be realized. I've missed out on some fairly big money, but I've also saved gains that would have becomeloses.
We should never our all our eggs in one basket. Murphy's law ought to make one cautious.
Do we on HENC make all losses back looks like huge rm there
Anyone with even a rudimentary knowledge of TA should be able to look at this chart and see one consistent element. PRICE MANIPULATION. It was before during and after the runup and is still prevalent. Do you see the tracks? No matter what price does those tracks are exposed throughout.
If that is everyone's cup of tea here, so be it.
PS: greed often makes individuals blind to facts. Greed to acquire, greed to get more and to maintain.
I'm getting a lot of external pump on this, trying to sort through it.
Exactly. It's been a primo pain in the you know what.
So what do I expect in the near and distant future?
1. Eventually, the Cease Trafe Order will be lifted. Will it be next week? Maybe? The week after? Again who knows?
2. Once the cease trade order is lifted, what will happen? Again not sure. On a certain level, we will sort of be return to our pre-Cease Trade status.
However, I would be hard pressed to think the company has not continued found what they could while the cease trade order is in place. I expect we'll hear about new developments and perhaps some additional properties beyond added.
As most of our acquisitions have been done at $2 per share, I'd be hard pressed to think the company would allow the share price to remain at current levels.
They're suppose to get that yield sign removed so PR's can be released so I've been told, but they can't seem to get that done.
Have shared shares been issued? Sure, but they've been careful and quite restrained.
Besides the oil and gas acquisitions, the company has raised capital, it is had been a fully disclosed.
How often is this the case with start-up companies?
Looking over the Outstanding Shares for the last three years...
January 8, 2020. 122,571,156 Shares
October 10, 2018 120,771,156 Shares
June 28, 2018. 119,171,156 Shares
October 17, 2017 116,634,698 Shares
May 30, 3017 115,884,698 Shares
Before Oil and Gas properties acquired:
January 17, 2017 31,732,567 Shares
It has been a grueling ordeal
I think the whole filing- auditor mix-up and the need to refile their financials, and the resulting failure-to-file Cease Trace Trading Order, has hurt the company. It has set the company back and hindered it from carrying out it's business plan.
Over the last two to three years the company has provided for a good flow of information. They've been open and as transparent as they could be.
We have seen real and valuable assets brought into the company. We've seen projections of the potential return on investment that couldn't be greater.
Through all of this I think we've received updates and accurate information, though I think it's often come to us with an overly optimistic spin.
I think Fortem Resources will one day become everything or at least most of what it's been working toward. As always there are worldwide macro-economic influences that may help or hinder our cause, but those remain to be seen.
No one has told me this, but I've speculated that there may have been competitive influences that have hindered them from carrying out their business plan y the regulative level. Oil and gas development is an intensely competitive field, so I wouldn't be surprised.
I still hold a large interest in FTMR. Am I disappointed and frustrated? Sure. But we can only make decisions with the information that we have at the time.
While there are a number of negatives and our time or capital been tied up here, there are a number of positives as well. The company has been running a pretty tight ship. When the company has expended capital and issued shares, it's been for real assets and necessary things. Just check out the outstanding shares it's been fairly static for the last two years. That's a positive sign.
So Randy, any updated news on ftmr?
Lots of pumping, hard to tell.
Ha, right?
He’s yet to have been right once, but certainly ‘huge buyers’ always just around the corner....
Not saying ftmr is a scam, as I don’t know.
But timelines certainly haven’t progressed, nor really any developments to drive value except on paper ‘maybe’.
I’m still watching though on the sidelines if this turns out legit.
Well, when Genstock pumping, you know a scam isn’t far off.
Stocks a scam no revenue, no drilling, My prediction it will be .25 in 3 months..I am betting on it
Sold all my FTMR and moved to Henc. What I had left after huge loss. Trust them as far as I can spit a rat.
Seems like it's always next week...
Nothing.
If recent history is any guide.
Ok...im wondering what they will do to make pps go up
Not a current stakeholder from any filing I’ve read. But I could’ve missed it. Strongbow (pre Fortem) had some affiliation, not exactly certain what, but I’m not certain if that is still active.
they say they will prove up resourses....when? im noy buying more til filings and date come out its not a winning proposition til then
Buc - I'm in it with you and others at He*nc. Likely through the same person. I was surprised to see that there may be an investment from FTMR in He*nc. I didn't spend enough time to research the amount. Clearly, it will add to FTMR, but FTMR needs to finish getting its sh*it together. I hope that is soon as I'm approaching 10 years on a quick deal....
they are a big stake holder in henc how exactly will that bennefit us here? they had drilling programs that never started and we are down here...whats their plans?
I sold all mine and moved money to henc.
I’m not in either currently. Just watching for any kind of reversal in the decline from $4.
Coin flip...lovethatgreen is ordered to buy buy buy...ive lots of shares there
This is the next HENC.
Believe it or not! Remember Ripley said it.
me too....now i plan to make it all back
keep buying...hear?
Me too not watching this dog anymore. Back over at henc now. Now I know where buccaneer went to.
you just keep buying
Keep your eye on....
HENC
It’s planning big story.
Hold on the best is yet to come.
I have been in as long as you have.
As I like to say “It is now post time”.
Hope you are right. I've been pessimistic as I took the hype when this company was called Strongbow 7 or 8 years ago and have just been holding on (It's been so long I think that name is right). I guess I took the hype and stayed in the stock at $3.00. We shall see.
What are you talking about?
You better get your barf bag ready.
Your gonna heave when you see what FTRM is going to do.
So far every rumbling has gone from indigestion to vomiting over the last 14 months.
Not to mention no progress on getting production on any of its properties.
What will be different this time?
Disclosure: I got out at 2.17 and am still on the sidelines a year later.
Like what? Curious...
No longer holding shares, but still watching.
Have a feeling its about time for FTRM to show its true colors.
Some rumblings are showing up on the radar.
Hopefully with the recent events, we can recapture some of that.
But it seems like smoke...
Just thought I'd break the string of no posts in 14days from anyone on this board.
Ouch, so sorry to hear that.
Wish you a prosperous 2020.
Henc cost my people couple hundred grand. Cost me my retirement couple years ago.
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