Tanotfa, I think the current selling in FFX is exaggerated just...

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Aptayl

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15/06/22

08:17

Post #: 62004103
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Originally posted by Tanotfa ↑

It seems to me, with FFX down ~ 11.5%, that many 'retailers' are still seeing the 'new' FFX as a combined 70% to 30% Lithium and Gold minnow not purely a ramping-up Gold producer as it should be now. The net result is FFX, again, has fallen the most verses its peers ... Both Lithium and Gold stocks!

To clarify this POV, when I compare FFX's performance against my Lithium stock watchlist(producers and wannerbees) I see it is (again) fallen the most, albeit by only a couple to few % points. Why? Because it has 20% in escrow in the about to be listed LEO???? It shouldn't be! However, when comparing with my Goldies(producers ... as FFX is a producer!), the GAP in the % fallen is much wider. Most Goldies have fallen more in line with the general market ... between just < 3% to no more than 5% ... FFX is by far the highest % faller ... @ 11.5%. WHY? Yes, of course, it has 20% of the about to listed LEO so it must be still in the Lithium space!!!

So my question(primarily to retailers) is why is there not much buying support for FFX? I can only answer by saying there is still 'confusion' amongst these holders ... AND all to Broker/Corporates benefit!

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Tanotfa, I think the current selling in FFX is exaggerated just simply because we have a lot of FFX holders still with not real conviction to hold FFX, it was purely a method to obtain a slice of LLL.

FFX Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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