FFX 0.00% 20.0¢ firefinch limited

Ann: Firefinch Celebrates First Gold Pour, page-223

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  1. 4,160 Posts.
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    We've had more volume go thru in the last 2 months than we had in the 18 months leading up to the Morila acquisition.
    Considering the volume that's gone thru, mainly some big players who are impatient to get their 10% return being soaked up by smaller investors buying the bargain (Euroz selling, Commsec buying) I think the price has held up remarkably well. Of particular note, the volume has dropped right off the last 6 trading sessions, back to pre acquisition volumes.

    Yes it would be nice to have some bigger institutions on the register, that won't happen till we have the reserves and an operating plant processing our own hard rock. I expect that to occur in Q1 2021. This stock can easily be a 3 bagger in the next 6 months before taking up a more moderate appreciation. The time to be buying is now IF you have confidence the Doc & his team can get the reserves & start mining hard rock.
 
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