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STICKY NOTE SUGGESTION:
glens0
Post # 885
Agree, because, "Fortem Resources Inc. (OTCQB: FTMR) (the "Company") is pleased to announce that the Company appointed Marc A. Bruner as the Chairman, President, Chief Executive Officer and a director of the Company on July 17, 2017.
Marc Bruner is one of the most compelling success stories in the history of the oil and gas industry. His last 2 winning ventures, Ultra Petroleum and Pennaco, both skyrocketed from pennies to a combined market value exceeding $10 billion (Ultra peaked at $100/share).
Added this paragraph to the Ibox Acquisition Chart:
MODERATOR RANDY'S GUESSTIMATE FOR THE PRESENT/FUTURE VALUATION OF FORTEM RESOURCES ACQUISITIONS:
NOTE: The chart below is a guesstimate... but corresponds to the valuation FRTM has ascribed to the acquisition agreements they made.
So far the base amount for these acquisitions has been $2 per share. AND KEEP IN MIND, these are initial valuations. The value of the acquisitions will multiply as the properties are developed and the stock price increases.
It's my conviction that as each of these acquisitions are developed and reach their potential, they could each add a valuation of $20 per share. Sounds crazy... but that's the beauty of multiplication.
Just edited IBox. I hadn't updated it for a couple months.
Main Edits:
1. Added Mr. Marc Bruner as CEO and Chairman of the Board
2. Added the acquisition of the Gold Mine and tried to give it a valuation.
I think it would be good for the Moderators to add a couple more sticky notes.
Maybe as a board we could recommend or give suggestions to the Mods for which posts would be best kept on the top of this list.
PLEASE include the post number so that it can be easily added... and maybe add why you think it should be "Sticky Noted."
I have a couple in mind... I'll post separately.
As it has been said...let it be done!
Not sure what I think about "premonitions," but I like the sound of this one.
:)
Seriously? As should be clear this stock trades pretty thinly. Our average volume is just a few thousand shares per day... 3580 shares to be exact.
Most of the guys who've taken positions in this stock (let alone even heard about it from someone in the know), are looking forward to what Fortem Resources will become. There is be some money to be made as it moves up and down and plateaus, but it will be the longer-term investors who will be the big winners here.
The stock price is broadly the equilibrium of the number of buyers vs. the number of sellers. I think the gentleman's agreement-- at least the one I operate with is never weaken the stock-- as in don't hit the bid.
If one wants or needs to sell some shares, put them out there at the ask or above and in time they will be scooped up. Otherwise we're basically feeding the market makers and traders who will be sure to try take advantage of swings and manipulate the share price.
Just my thoughts.
yaya... I just posted a link to a news release that came out from BP on Monday... August 7, 2017
RK
I believe this is the news report you are looking for:
http://www.denverpost.com/2017/08/07/colorado-san-juan-basin-big-natural-gas-find/
HEADLINE: BP makes big natural gas find near Colorado border in San Juan Basin: The initial daily production rate is the highest achieved by a well in that area in 14 years.
"Oil giant BP has made a natural gas discovery in the Mancos formation of the San Juan Basin near the Colorado border that could help revive the fortunes of an out-of-favor region."
Exactly where our "101,888 Acres" are in relationship to this play is the question.
I think it's all Good!! Another lchink in the chain. :)
I don't know Bone. Most guys who manage startups have successes and failures.
You can point to a couple that didn't work. I can point to a few that did very well.
The bigger question is ORHB and the doctors and technology behind it.
Any and ALL shares owned by management are restricted and necessarily subject to reporting requirements No chance management is bailing on this company... Certainly not at this stage.
This stock will trade up and down... but prospects look pretty good for long term upside.
Just my opinion.
I understand... I have no qualms about selling overbought stocks and buying oversold one.
I don't know that my account allows me to short sell... and I've never done it. But I get it and respect it. I'm sure your experiences over the years has made you fairly savvy at these things. However, I don't doubt there where times when you had to pay a price for the education.
Best regards.
Gan... I don't find this too worrisome. We have appreciated 50-80% in the last few weeks. It is probably time for a pull back... to test the stock's support levels.
A price reduction like this is pretty typical for the way smaller stocks like this can be manipulated.
If a group of investors decides to short a stock (sell shares they don't have) they can make it look and seem like something is wrong by the stock price going down.
If when this happens and it leads to panic selling, they can buy back the shares they sold for a profit. I.E. they sell 20K shares at .85 per share. As stock price comes down (in part from their selling) someone decides to sell their shares (before it goes any lower) let's say at .65 per share... they just a profit of $4000. 20K x .20. Good for them. They can only make as much as the the stock price goes down.
However... you may have heard of the proverbial short squeeze. This is when the stock price doesn't cooperate, or they're not able to invoke sufficient selling at lower prices as they hoped. When this happens... they will eventually have to buy back their shares at whatever the market price is.
Their risk (though generally nominal) is potentially unlimited. Just as long investors sometimes put stop orders to limit risk... well, short sellers will do the same (at higher prices to limit their exposure.)
Even if they get behind in a trade... they will generally continue shorting stock at higher prices, hoping that eventually the stock price will come back down. Their risk is theoretically unlimited as stock prices could potentially continue to go up indefinitely. At some point, they will need to repurchase (and deliver) the shares they sold short.
I'm not so sure posting MGX news on this board is technically on topic. :)
And here's the companies website:
orhub.com
The company is pretty well fully reporting so there's plenty of information available here:
https://www.otcmarkets.com
Well, welcome to you CCindiana... and logytwo.
The company is development stage so has a pretty serious row to hoe. I'm familiar with the company and some of the folks involved... and they are golden.
We'll keep watching and see what this becomes. The stock price can fluctuate... The bigger concern is the success of the company. If it succeeds... the stock price will take care of itself.
Just like another of my stocks... almost made it to a buck:
ORHB Hit... .9999 I didn't even know that was possible. ;)
https://ih.advfn.com/stock-market/USOTC/orhub-inc-ORHB/stock-price
Hard to believe Gentlemen...
ORHB increases 40% in the last two weeks and no posts, comments or questions.
OK... I just checked and there are just FIVE (5) people following this stock. I suppose that has something to do with it. ;)
Anyway, I agree with TheBro... there must be something up. It's pretty clear that some major investors are taking sizable positions and soaking up the available shares.
I'm guessing that we will plateau here for a while... so long as there are sellers at this level, there's really no reason to continue pushing the price higher.
What do the rest of you think?
Welcome to the board Gan...
Collectively, those on this list are pretty bullish about FTMR's future. We've acquired five properties... we've heard rumor of some more in the pipeline.
In the not to distant future, we're expecting to hear management's plans for developing these and future properties. All this will take additional capital... which we expect the company will seek to raise at progressively higher price points.
I don't have the post handy... but I had prognosticated in an earlier point... that if even one of the acquired properties (Northern Alberta) (which has already been demonstrated as having oil) is further proven and developed... and produces even half of what is being produced in a neighboring field... we have a $25 stock. (see below) And that's just one of the acquired properties.
One sounds stupid... or at least to have drunk too much koolaid... to say stuff like that... but the potential here is unbelievably high... over the top... whatever you want to say.
I've gotten the impression in the past that this is part of a chess game that really smart people are playing and they've already have the next 10 moves planned... and we're just watching and waiting for it to happen.
Have a sip on me. ;)
From an earlier post:
"April 11, 2017
20 Sections (12,960 Acres) of Oil and Gas Leases in Northern Alberta PAID: 21 Million shares valued at $2.00 Per Share (+3 mil more)
TOTAL VALUE: $44,000,000
TOTALS AFTER DEAL: 53 Million shares outstanding $44M/53M
"The assets being purchased by Fortem Resources are being purchased because they believe their developed value will be a multiple of what they are paying for them.
"For instance, just the Northern Alberta property... if their projections are correct and its production is anywhere near Brintnell Project that is currently producing 50,000 Bopd... just do the math. Even at 1/2 that production that would be:
"25,000 bopd x $50 per barrel x 365 day ='s $456,250,000,000 total revenue per year.
"I'm not sure how much of that becomes profits, but even if 1/2 does $250 Million divided by 93 million shares is an annual profit of $2.68 per share. A PE ratio of 10 would value FRTM at $26.80 per share.
"AND THAT'S JUST ONE OF THESE ACQUISITIONS!!"
Thanks for this. It's all looking pretty good.
I wish I had as many shares of FTMR as I do HENC. ;)
Hey I did some checking... and this is what I found:
From what I can gather they're still on the Pinks because their official audits are still in process. When the Company finishes their 2 year audit they should be able to step up to the OTCQB.
I think the QB also gets them Blue Skied.
It might seem like little steps, but as they get more installs, and fill what I believe is a very real niche and need, it will be all but a guaranteed success.
We shall see. ??
Hey Bone...
Previous post is correct. Folks involved believe they're building a real company and most are not interested in trading on price fluctuation.
I assume when the stock price and other criteria are met, they will upload to the appropriate market
Glens0,
Welcome to the board. I think it's clear that Brunner's addition is a big boon for our company. With him will come admirers and those who have made money with him in the past and others that will jump on board as progress is made.
Meeting the various milestones (uplisting, funding, further acquisitions, released developed business plans, additional management leadership, etc.), will result in more and more interest and confidence. So long as there's potential for doubling and tripling ones investment new money will continue to follow into this stock.
Also, as I see it, the acquisitions we've already made (unconventional oil companies )are exactly the niche that he has excelled in before.
Pretty exciting.
Thanks yaya!!
We might have to invent a new acronym...
TGTBT: To Good To Be True
Or
BCS: Best Case Scenario
:)
Not sure if you saw my earlier response...
I don't know for certain, but expect this is close to genstock's view.
Pearsby...
The MGX company may well have potential,
but compared to the portfolio companies already in Fortem Resources, MDX is more of an after thought.
I think it's safe to say that FTMR will be receiving the lion's share of Bruner's attention.
In many respects he's putting himself and his reputation on the line by coming on board in a leadership position like this.
I don't know the exact number, but directly and indirectly I think Bruner has a huge vested interest (ownership) in FTMR. I'll have to work out the numbers later, but as memory serves I think his interest 40-50%>
I think it's safe to say He's not becoming involved for chance to double or triple his investment. It's about multiplication on a grand scale.
I / we could be wrong, but it all seems to be coming together.
Chomp...chomp. Someone just scooped up 10,000 shares at the ask. 20k left there.
Historically, there have not been a lot shares available... and it seems the float is pretty tightly held. I think this could run quite easily.
However, the underlying question is valuation. What are these shares with now, and what will they be worth in the future. As we hear about funding and the raising of capital to develop our portfolio companies... we'll get a better idea of what management and venture capitalists think.
Cool. Did they call you to consider it, or send you some info. I'd love to see any promo pieces they've put together!
The involvement of Bay Street is a good thing. I hadn't heard their name mentioned before now. You said you've heard from them about FTRM?
Pearsby...
The MGX company may well have potential,
but compared to the portfolio companies already in Fortem Resources, MDX is more of an after thought.
I think it's safe to say that FTMR will be receiving the lion's share of Bruner's attention.
In many respects he's putting himself and his reputation on the line by coming on board in a leadership position like this.
I don't know the exact number, but directly and indirectly I think Bruner has a huge vested interest (ownership) in FTMR. I'll have to work out the numbers later, but as memory serves I think his interest 40-50%>
I think it's safe to say He's not becoming involved for chance to double or triple his investment. It's about multiplication on a grand scale.
I / we could be wrong, but it all seems to be coming together.
Dooddillenger...
Welcome aboard. It's certainly appears that we have a best case scenario in FRTM.
Bruner no doubt has connections all over the world in the very niche industry that FRTM is in.
I've tried to make the case in some earlier posts that if any one of these projects turn our successful we have a $10-20 stock valuation, if multiple ones come together, we're going far higher.
Thanks for sharing poor enthusiasm. :)
I know some of the guys on the board... and will pass it along.
Anyone looking to start or substantially add to their position (and liquid enough), there's an offer for 30,000 shares on the ask.
Funny... There are just 4 followers of ORHB... and three of us are moderators.
As bonehead has suggested... we need to increase the visibility of this company. :)
I suspect there are some IHub regulars that would and could do this for a modest fee.
It's all part of what makes the market work. I have no problem with folks trading sticks both ways. Without it there's be no liquidy and stock fluctuation.
I don't disagree... but from what I hear they're being paid in cash and not stock. :).
I've seen it on some news leads... probably a matter of not being important enough (yet ;).
Assuming they can get their ducks in a row I think this company has a bright future.
Are there hurdles and milestones to reach? Certainly.
But the fact that the product and upgrades are being put to use is huge.
Ease of use and adaptability to legacy systems is also huge.
Although this is still a development state company, it seems pretty clear that there are some pretty serious prospects for a future.
It seems the increase in volume and stock price... Is evidence that there are more investors impressed with recent announcements than not.
IN fact... this is the highest volume day since March 29, 2017.
Nibblers??
I thought it looked stronger than that. Looked like a full blown shopping spree.
Over $80K worth of buying today. Compared to our recent volume... this is major. :)
Haha...
Published my previous post from my phone this morning. I've not figured out how to edit phone posts yet...
Anyway, the last sentence was a incomplete...
Selling at those levels will be something we will one day...
REGRET!!!!
:)
Great point genstock... All of these recent events need to be seen in their proper perspective.
I think it's great that Marc Bruner is obviously major part of Fortem Resources' future.
But without the experience,
integrity,
pre-work,
networking,
and business acumen of our CEO, Michael Cateano,
There'd be no Marc Bruner involvement, there wouldn't be not one, not two, not three and not four potentially lucrative acquisitions...
nor any that still might come in the future.
I hate to sound like an un-objective cheerleader, but think about what we have here already. I've tried illustrate the increase in book value by virtue of the acquisitions... but that's nothing in terms of the potential within our grasp.
If I'm not mistaken, with each of our oil and gas acquisitions, we have wells and equipment already in place, and a limited amount of production... we're not just hoping to drill and hit oil... we already done that. We're hoping to utilize and maximize what's we know is already there. And in several cases what we hope to do, has already been done before by nearby properties!
And the Gold mine in Myanmar? I don't know much about that but from what I can surmise, it's be big enough to warrant being it's own public company.
And what's the engine that's going to make all this run? Our investments? Hardly. We're simply fortunate enough to be along for the ride. There will need to be an infusion of capital to enable all these individual parts (acquisitions) to run.
I think we will be tempted to sell at $3, $4, $5, and even $10? I think those days are ahead of us. But I'm thinking once this company starts percolating as we think it will... Selling at those levels will be something we will afterwards. :)