FMR - Fairmont Resources last news release
Posted: Friday May 20 7:07:19AM 2016
This is interesting! those are huge insider positions on this company that already had a tight share structure. In my opinion when this stock moves it will do it relatively quickly. The completion of the acquisition will mean millions of euros in revenue, with this tight share structure the stock will have no where to go but up and it will do it quickly
May 19/16 Apr 25/16 Eickmeier, Douglas Direct Ownership Common Shares 00 - Opening Balance-Initial SEDI Report 2,255,500
May 19/16 Apr 25/16 Eickmeier, Susan Direct Ownership Common Shares [Amended Filing] 00 - Opening Balance-Initial SEDI Report 2,255,500 -
See more at: https://www.canadianinsider.com/company?menu_tickersearch=FMR%20|%20Fairmont%20Resources#sthash.i4QijKHk.dpuf
Posted: Monday May 9 11:45:35AM 2016
I hope i get filled low - things have been slow at least if I can pick up some cheap shares it will all be worth it.. for me i plan on getting what i can and holding for the long term.. i think as revenues kick in and increase so will my shares!
Posted: Thursday May 5 12:33:18PM 2016
a little love from momentum!!!
Posted: Thursday May 5 9:34:49AM 2016
what do you think of the little pullback this pass week?
Posted: Thursday Apr 21 12:02:27PM 2016
once acquisition is complete I think we'll see this rock and roll to next level. its all in the numbers and there adding up to major upside
Posted: Wednesday Apr 20 12:05:06PM 2016
We traded at $0.095 this morning. Up 280% since we introduced the company in February! Congrats to all of the shareholders!
Posted: Wednesday Apr 20 11:51:07AM 2016
were up over 20% - i smell the 10 cent level. i dont want to get too excited but it seems with the acquisition deal and revenues set to increase is getting out to the market!
Posted: Wednesday Apr 20 6:34:02AM 2016
Nice volume yesterday! the stock is pretty liquid. some shares issued for debt should be free trading right around this time. i dont think they will affect the stock too much, maybe just give some smart investors a chance to buy so more cheapies before price jumps on upcoming revenues and production
Posted: Monday Apr 18 9:12:41PM 2016
heres the link the CEO's linkedin update
here are some highlights
Fairmont signs agreement to acquire major Dimension Stone producer in Spain and restart operations.
Fully operational processing and finishing facility
250,000 square metres of annual production capacity
23 premium quality granite quarry licenses
Operational fleet of mining and quarrying equipment
18 of the 23 mining licenses are within 8 kilometres of the processing plant, with the remaining five being within 20 kilometres.
The ISO 9001:2008 certified processing facility is state of the art with over €2.2 million of new cutting and polishing equipment purchased by Grabasa as part of a production expansion between 2008 and 2010
In business from 1975 to 2011, the extraction and transformation of granite by Grabasa has been a main driver of economic activity in the Extremadura region of Spain.
Last 5 years production average 6,344,024 €
Annual Gross operating margin: 30%
Fairmont expects to increase margins to 40% by optimization of staff and equipment
Sales can be increased by targeting North American and Asian Markets
Total acquisition cost of €4.275 million
Finished Inventory Ready for Sale
Posted: Monday Apr 18 6:43:51AM 2016
I did some research.. happy I did. this deal would mean over 2miilion euros in revenues for FMR in the second half of 2016. i think it will pretty much pay for itself and create great returns.. as an investor I am very interested. Just a small step away from big returns from this futur money maker.
Posted: Thursday Apr 14 12:59:20PM 2016
is the acquisition completed? Anyone know? What would the revenues be?
Posted: Sunday Mar 27 6:59:31PM 2016
Financing plans will be forthcoming in future news. They have spoken with a lot of different financing groups and have made some excellent progress in this respect but nothing is finalized yet. We should have more information on when the shares will commence trading again early this week.
Posted: Tuesday Mar 22 9:08:03AM 2016
Saw the news release about their acquisition... How are they going to finance 4.3 million Euros?
Posted: Thursday Mar 17 12:59:49PM 2016
Big news coming on Fairmont Resources next week. Stock will remain halted until the company can get the news out , likely Monday or Tuesday. Congrats to everyone who was able to purchase shares after our initial feature.
Posted: Friday Feb 26 9:38:52AM 2016
Looking at the last release of FMR and the project is looking really good.
Based on the map the project looks a lot bigger than RSS, and more real than UBR.
Anyone else had a chance to look at the FMR releases yet and form an opinion? Looks like something substantial.
Multiple Quartzite Zones Drilled; Drill Intersections Of Up To 60 Metres Quartzite
http://fairmontresources.ca/pdf/20160225P3.pdf <- great photo - lots of quartz
http://fairmontresources.ca/pdf/20160225M1.pdf <- map with the zones - quartz covers kilometres!