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Dean Linden provides a summary on one of the most unique companies in our space

Big Al
July 13, 2014

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Discussion
8 Comments
    Jul 13, 2014 13:55 PM

    FPC.v for anyone wanting to track or research. I bought back in 2103. Could be some very exciting times in the coming year. Thanks

      Jul 14, 2014 14:56 AM

      I personally think there will, Greg J

    CFS
    Jul 13, 2014 13:33 PM

    Or FPRGF in the greys.

    Lot of options and warrants worry me. They may have great location, but insider sales and warrants are red flags to me.; the only reason I did not buy stock until they have a longer track record for me to observe.
    Looks like the gold selling in Hong Kong might scare the traders tomorrow morning.

      Jul 13, 2014 13:51 PM

      Gold getting clobbered this past two hours.
      Where’s the next level of support ? 1320 ?

      Jul 14, 2014 14:21 AM

      OMG, this company put out a 43-101 without EVER drilling a hole and ever having their own in house company certified industry recognized GEO view, analyze, catalog or render any professional assaying or analysis of any recently drilled rock core samples from their own company funding step out drill program.

      Everything was compiled and vetted from a computer model of a former company and nothing more.

      I am utterly stunned that a company, at this stage of development would be given air time on such taking points in an atmosphere of an already virtual dead man walking sector full of liars, conmen, scoundrels and used car salesmen who wished in real life they were real mining professionals.

      I’m not saying that this particular company or its management team is in any way associated with the previous listed shortcomings, but I am very skeptical.

      I’m sorry I know this sounds harsh, but I got to call it like I see it. The risk reward in an already grotesquely fractured sector specifically related to explorers with zero resources and who may never have a real resource requires immense caution and serious due diligence, especially in the negative beta explorer risk/reward context.

      The risk/reward profile for a company like this is no different than playing Black Jack or rolling the dice in Vegas. At least in Vegas, you have some fun while losing your money.

        Jul 14, 2014 14:07 AM

        We wil definiteaddress this when I get back Wednesday afternoon.

      Jul 14, 2014 14:03 AM

      I appreciate that input Professor.

    Jul 15, 2014 15:00 AM

    Was the digitisation of the archived drill results independently confirmed in some way (eg audit)?