Fortem Resources Inc fka FTMR

[lizard lips]

Down to $0.35. Ugh.....?! What a joke this is. So disappointed. No volume, no news, no anything!!!

[Highflier69]

Citrati - We seem to have had similar whispers with what to buy. What we all have been told is this company continues to make deals and we'll hear about all the goodness after the the relisting on the TSX. The problem is I think that has been 1.5 years or so and counting on the relisting. I am not saying anything positive or negative here. But the complete lack of volume here..., Randy - I think you are the only one unfortunately buying more. I'll wait until $0.01 or less like H3NC.

[Citrati]

Just what makes this a buy in the short term?
Oil prices dropping.
Oil shale companies whether oil or NG are in trouble again.
FTMR talked about their Alberta fields, yet they are heavy oil and have very small margins comparatively.
With prices where they are in the industry what incentive is there for FTMR to do anything?

Yes, I am a loser, here, HENC and Tera Nova. I currently don't believe anything a positive poster says. Particularly any who continue speaking positively after years of multiple stock failures.

Just my negative nancy and experience biased view.

Show me the money, not the hopium.

All IMO only.

Chart pretty much sums up my negativity.

[lizard lips]

Certainly don’t blame you for doing that...buy low, sell high......Just hate seeing those that are dumping at that low level and keeping price depressed.

[RandyKCMO]

Hello... I bought some yesterday at $.45.

Trying to bring down my average cost per share. :)

[lizard lips]

Sad to see at $0.43, and a whopping 2.2k shares traded thus far

[RandyKCMO]

I'm still quite confident about the future of the company.

I've added to and subtracted from my position shares over the last year or so.

Lately I've been adding, FWIW.

[buccaneer1961]

It's kinda how we got sucked into this...appealing to our greedy side..before you know it..we are stuck

[RandyKCMO]

That's Pretty Funny!

[buccaneer1961]

https://twitter.com/SaraGoingUp/status/1307029750301495296/photo/1

[Citrati]

Are the .30's around the corner again?

[Citrati]

39,000 share dump at .54.

[RandyKCMO]

LL,

I wish I had had the liquidity to pickup the shares that were offered for sale.

When I saw the 10K offered at .59, I thought "Hmmm... what could I sell to buy them?" But while I was contemplating someone came along and chomped them and and the 20K more at .599.

I'm thinking we probably won't be at these levels much longer.


RK

[lizard lips]

Who keeps unloading in the $0.50 range?

[RandyKCMO]

Helpful link... Thanks.

I was able to look up historical trades and from what I could see, FTM hasn't traded on the Toronto Venture Exchange (TSXV) since February 27, 2019.

Hopefully, there Alberta Stock Exchange CTO will come off and the company can get back to executing its business plan.

If there's a silver lining for us as early investors, it's that we've been reassured that the company has not been nefarious or negligent. The subsequent re-auditing of all their previous deals has been reevaluated and approved by SEC attorneys and the new CPA firm auditors... Davidson or Donaldson... Whichever it is.

The company had come through with flying colors... With an increased book value that better reflects the assets that they've acquired.

[phrocks]

Thank you, I've been checking this exchange

https://money.tmx.com/en/quote/FTM#

[RandyKCMO]

Hey Phrocks,

The CTO (Cease Trade Order) was initiated by the by the regional Alberta Stock Exchange for not filing audited financials on time. To remedy for the "failure to file" the company has refiled re-audited financials prepared by their new auditing firm for the last 3-4 years. They are currently up to date with their filings as can be seen on OTCmarkets.com are still QB qualified.

At this point the CTO has not been withdrawn, but I'm thinking it can't be too far away.

[phrocks]

Randy, is there still a cease and desist on the Canadian xchange?

[RandyKCMO]

For anyone who cares... I grateful for the shares I've bought today.

[phrocks]

I don't see any stop or yield sign on the tmx anymore?

[222]

I think I'll hang on. It's pretty cheap in my opinion.??

[RandyKCMO]

Well, for anyone looking to exit... there's a 20,000 share bid at 52 cents.

We've not seen size at this price in a while.

RK

[RandyKCMO]

I wouldn't be sure. Clearly the company has been belt tightening during this frustrating time.

They have stayed up to date on their filings, and from what I can gather from the filings and updates, the company is not too pleased.

It has been an agonizing two years for investors and I think the company. It has been exacerbated by the accounting and old/new auditor fiasco... which led to the Cease Trade Order.


Since then the company has had all their previous financials re-audited and refiled by their new accounting firm. They have filled their annual 10-K and their most 10-Q.

Also on the encouraging side of things, the company's share structure and outstanding shares have stayed virtually the same. They have a crap load of assets that one would think have both intrinsic (bookable value) and even more potential enterprise value (to become revenue producing).

All to say, I don't think the company is in as bad of shape as some have suggested. Is fact, to the contrary, I don't think we've seen anything yet.

[Highflier69]

Last thing I believe I saw was they were working on getting re-instated on the TSX. Until that is done, I'm not sure we'll hear anything. But frankly, I do not understand what is taking so long...

[lizard lips]

Very sad....concerned they are done, cooked, over,, etc. there is no news, info, nothing?!

[Citrati]

LOL. Just look at the volume to this wonderful fortune maker.
No trades since August 12th.

[lizard lips]

Where did everyone in this chat room go? Dead as dead can be.....

[lizard lips]

Back down she goes....this POS deader than a door nail...

[lizard lips]

Wow, 100 shares traded today. That’s worth less than going out to dinner?!
What a joke

[lizard lips]

If you haven’t noticed, it traded for a whopping 1000 shares/$1k in a day. This is a POS!!!!!

[Radar02]

Thank you

[FOODINI]

Nothing at all.

[Radar02]

Does this company have anything to do with HENC?

[FOODINI]

If you haven't noticed {and I'm sure you have} FTMR has moved to $1.00.
One of my favorite sayings is...
["THERE ARE NONE SO BLIND AS THOSE WHO DO NOT WANT TO SEE.}

[lizard lips]

Well apparently know one believes it, since we’ve seen NOTHING w/ this POS for years.

[FOODINI]

You will see it when you believe it.

[lizard lips]

Yeah right.... been hearing that for years. Believe it when i see it.

[FOODINI]

Sooner than you think.

[lizard lips]

Been waiting over 2 years for it to do ANYTHING, but go down in value. Holding on for way too much.

[FOODINI]

Where did you come from?
Your first post on FTMR is worthless.
You have no clue what this company will do.

[FOODINI]

Where did you come from?
Your first post on FTMR is worthless.
You have no clue what this company will do.

[lizard lips]

These trades are so small and worth nothing, it’s useless.....

[FOODINI]

Does not show on E-Trade as 2.24...shows at 1.24

[FOODINI]

REAL TRADES. No they were fake trades!
Looks like a misprint. Was $1.24 The $2.24 does not show as a high.

[phrocks]

Wondering if it was real trades or what's going on. Let's see if it trades any more, if it does then maybe it's real, if not then it's typical nonsense

[RandyKCMO]

Now it's traded as high as $2.24.

Interesting.

[RandyKCMO]

Wondering if it was a somewhat foolish market order, or an indication that someone is expecting immanent news?

[RandyKCMO]

Surprising open for Fortem... Traded as high as $1.24...

[FOODINI]

Average daily volume for a year is 6,222.

[FOODINI]

It looks like "NEVER"is winning.