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Hi DeeDog, Yes I agree with what you say I can see this reaching much higher and very quickly given the expected PR, news on revenues, the 10Q being drafted and the exposure FLPC is getting.
This is basically what I said to the cat in the hat and just offered another view to his one sided prediction. Personally I think trying to flip on the dips is difficult and I like to use fundamentals mixed with tachnicals and the current news to judge the SP movement.
For thos eflipping there is indeen with the volatility some good profits to be had but timing is everything and it could really cost you. For the longs the trend is my friend and I like what I see and where it is going! GLTA - oh and I am not even gonna mention trying to short the stock!
HI Pitman, Remember the doom and gloom messages you were sending and the prdictions, Oh wait here's one from a little earlier this week.
It's going below .025 either tomorrow, or at least by Friday.
Well buddy it is Friday and unless I am mistaken the SP has held up consistantly and is back at 0.0329! If you really have shares great for us all, if you flipped -Ouch!!
Hi Large Green, Just been trying to tell Mr Pitman exactly this message. When Yahoo start putting out FLPC and the following headline "OTC Stocks Making Big Changes and Headlines"! The SP could get some serious new interest
I think the coverage is great. Go FLPC!
Everyone,
A little bit of churn is no big issue I just managed to secure a couple at the ask two chunks one of 57K and one of 54K. this is great to accumulate whilst holding a core position. GLTA a PR is due I think so get in whilst you can. IMHO
Hi There,
Agree with you totally great to see the progress the SP has made over the last few weeks and personally I expect some dips as the SP consolidates. This will happen and is healthy expecially if this happens then is followed by great PR from FLPC as this will help maintain the high and then launch on to new levels.
Like most of us said in the last dip when certian people were posting doom and gloom (yes you Pitman). The SP will take some hits but the upwards trend is great as proven by the charts and the fundamentals are excellent. over time this will reach far higher levels! JMHO Exciting times great to watch!
Great day all in all second green day
on 5.2M volume and a 10.56% increase to the SP that is 13% in 2 days people! I would be happy this week if the SP could establish itself above the 0.02 level. Then next planned PR should see the next surge past 0.025 and much more buying! IMHO
Good to see a very small increase in the SP yesterday! I think it started around the 0.0176 mark and ended at the 0.0180 so a 2.27% increase for the day. Can we have more green days please!
Morning Fellow FLPC Longs! Hoping for a better week this week! GLTA, lets hit that ask people!!
Mr Pitman, the predictions on the mine content and how much can be mined yearly combined with the ongoing cost to procure Antimony makes your comments absurd. Its a rare material, there is a buyer already, are they buying it and dont really want it - think not.
One thing I will admit is that until there are a few months worth of revenue and costs we do not know how much profit/loss there will be but to state it will not make profit is incorrect. The SP is holding quite nicely and FLPC will be doing a PR campaign which should move the SP up steadily.
I am long are you worried about not being able to buy back in?
Good Morning from Singapore my fellow FLPC longs!!
I am in a good mood today since it is Friday so was just thinking we could do with a green day!I am hopeful now that Bob is back from Fencemaker operational review we may see another PR?
Anyway up and at em as they say! Go FLPC
Hi driver103, You may well be right I think confirmation will come from FLPC very soon. I mean now they are gonna be getting revenue etc they have to file SEC so we will know one way or another.
Hey driver103, I also read the contract and agree with you. That said do you believe FLPC will have no costs at all attributed to this? Salaries, office space. company cars, utilities etc etc etc.
There is always cost that will affect the profitability all we are saying is it will be good to have the financial projections. Not bashing the stock this will be a positive thing - am long FLPC
Hi baulsdp, I agree with you totally the Company could be doing much more to promote their achievement. I assume that their PR plan has a specific kick off and catalyst and they have assured us it is imminent. I trust the managemnt team and as long as the delay is short lived so we do not loose too much momentum I can wait. Let's face it they have a LOT to announce
Thanks for the information makes sense and seems realistic enough. Obviously the $10M revenue would look great on the SEC filing I just wonder what the ongoing production costs, overhead etc would actually be as well to give the overall operating profit?
Hey Gold, One of the best comments today I have been saying much the same for the last few days. When you have a REAL business many people use technical analysis along with fundamentals (i know I do). S the balance sheet and financial projections are massively important. Early days and as long as the revenue coming out is much greater than the extraction costs we are on to a winner in a big way!!
Totally agree baulsdp, time to wait out the panic sellers, flippers etc and stay long. News is getting around and FLPC has a PR campaign planned that has not evenm begun in earnest. Follow this with first revenue PR, financial EOY predictions and 2014 SEC filings etc then we are on to a winner. Things take time, GLTA!
The day is young lots could happen and any finish over 0.02 is fine. The word is spreading but buying does not happen over night did you guys find out about FLPC and buy within a day or so? I know my DD took me a few days. Just saying no need for doom and gloom it is a long road!
Hi Pitman you still make me laugh!
Hi Stargazer, Yes great post! I myself have concentrated on Fencemaker for so long the two three other mining developments have been pushed to the back of my DD. Lida Valley and Smoky valley being Lithium and San Juan being Uranium.
Would be interesting to get from FLPC latest phase of develpment and what this means in simple terms followed by a rough timeline to productivity. Are they tackling the Lithium deposits next?
What dilution? obviously the Company has had to sell limited shares from time to time so far to finance operations pay debt etc etc. Now from today they have a revenue stream so in theory all the dilution should start to end they will not need it?
ASnyone else see it this way or have I missed something?
Fantastic news, even more so as it explains the silence yesterday much better to have a PR based on actual mining and production. Now let's see what this does to the SP, those on the sidelines be careful not to be left behind!! GLTA
Great work FLPC team!
Good morning FLPC longs,
Well we took a retrace yesterday by about 4% so not what I personally was expected but with no PR and FLPC only just getting on the wider radar then maybe the dramatic increase will not happen.
That said the explosives are a great sign that soon blasting and production will start so a PR can not be that far away of one sort or another. Let's see what today brings I think a finish in the green is probable but after yesterday well just GLTA!!!
Not sure guys,
I am not so gloomy as some as I look at the trend over the last few weeks/Months and it is very positive with all the right signs falling into place. I also think a PR would be useful but today would be the better day to release and it does take taime to create these things. As I have posted before now I am interested in
1. What does it cost to run this mine?
2. What will the extraction rate per week/M onth be to get financial forecast
3. When can we expect mining (how long does it take to place the explosives and make it go bang etc)
FLPC doing a great job let them get on with it and they will tell us! The SP will follow in good time!
Hi Redshirt8, no problem I have been an FLPC long living in UK, Dubai and now Singapore (did try flipping once and made a modest amount) but have learned my lesson. Slow and steady growth with timed PR will stabalize the SP as it grows. I would expect a PR soon Bob and the other FLPC guys must be bursting at the seems to tell the world I know I would be! Great achievement.
Ah did not realise it was not a general holiday in the US, obviously trading day just thought people may be making a long weekend of it? Here in Singapore no such holiday so forgive my mistake not all us longs are US based, company has world wide appeal!
Not sure what your talking about no flipping here my friend my couple million shares still firmly ion my account. Just pointing out that a 40% increase is not a small amount of growth or do you see it another way. I also expect a continued growth all week based on news, we have not even had a PR yet.
Hi Team, Not sure what people expected here on a slow Monday with a holiday and the US debt ceiling situation. I look at it this way on the 11th just a few days ago the SP was 0.015 (still higher than many of us bought at). Now 0.0211 which if my basic arithmatic is correct is a 40% increase! Go FLPC a few weeks like that and we are all happy!
Good call lets see with 12 min to blast off!!
Yes your possibly right but come on the Free Nebula where do you think the SP will land at closing? dont wrry we wont hold you to it just for fun
Good Morning Fellow FLPC Longs!
We should be in for an interesting day, love to hear your predictions how ever crazy they may be, personally I think an initial burst follwed by a climb back down but the SP will end up significantly green at around 0.026? JMHO
Come on post your predictions it's only a bit of fun, closest gets serious cudos.
Hey fella, we are all here to make money and it is only right people do it in different ways, flipping, shorting, long position etc. My only point is that given the news, the price, the management etc I would have expected speculators to sit on the run a few days then take an easy profit. Thats what the DD indicates to me?
Seriously though good luck no harm no foul!
Hi The Free Nebula, FLPC have announced they have received approval from the State of Nebada to start mining. Check Facebook
To the FLPC Longs,
I have posted this to Bob and the team and feel pretty sure you share my sentiments
Hi Bob and Team,
Just wanted to pass on a sincere thanks from all us investors! Your hard work and dedication geting this approval is nothing short of miraculous. Take time to enjoy the weekend with your families an celebrate. Your doing great!!
Money is great but it takes people to make things happen, recognition of achievement in situations like this is important. Okay now back to making that SP fly!! GLTA
Pitman, I think you may have been burned here but if you did flip and get back in hats off to you Ever think about that type of post convincing others to sell at the wrong time and them being priced out? Lots of people did sell so some people will have been hurt especially now that most would agree what is probably gonna happen to the SP.
What's those words I like - O Yeh integrity, and conscience
Hi Tradein, I agree in my honesty I will admit I flipped this from 0.006 mid ragne and sold when it hit the 0.018 range for a clear 100% profit. Problem is I then had to buy back in for the real profit which will take time and now my accumulated average to get back the volume is 0.0144.
So in hindsite yes made some money but on good news I could have been frozen out and had to pay real sums to get the same volume os stake back.
I actually believe flipping is a useful tool in investing but not given these circumstances more for volotile day stocks with history. I mean how long has FLPC been finishing steady or in the green? -too risky on good news IMHO, learned my lesson. Never trust a cat that trades in pennie stocks is what I think!!
Hi Sinjohn221, Indeed should be an interesting day for you guys, long night for me! It is actually a shame that the timing means the team may release this great news only a couple of hours before the market closes but better we get the news.
This is why I suggested a couple of posts ago that when production is confirmed, FLPC do a round of PR to publicise the achievement and state some of the DD already known to attract the correct level of investors and drive the SP up to fund the other project they need to finance?
Hi There, Just thought I would drop a reminder to those sitting on the fence of fencemaker (just my little joke)!and not sure whether to invest or not what a possibility we have here.
State of Nevada I believe has allowed 36000 tonnes to be mined a year. So Lets say they produce 20000 as an estimate and the tonnage price of Antimony is $3000 (both seriously under calculated so I can not be but you see where I am going).
That means that immediately FLPC share of this revenue (I think 40%) would be in the region of $24M in revenues per year!!!!! I know cool or what!
JMHO and please if my rough calculation is wrong feel free to rebuke me, but this is what my DD told me and what I think others have posted previously! Invest at your own risk
Good Morning Fellow FLPC Longs!
Been a very long day for me waiting for news since I am in Singapore and a full 12 hours ahead of you! No news yet but it is still early but it is one of those exciting trading days which keeps me investing, not just seeing the SP increase more knowing that the DD you did and the judement you made to invest were correct.
Anyways depending on news the SP is gonna move so good luck and let's hope that darn inspection is out the way! I also hope Bob and the team managed to celebrate hard on the good news last night,they deserve it! Strong FLPC
Hi Baulsdp, Not sure but I do hope they announce it to the share holders first (will they not have to do a SEC filing for something that will affect the SP this much)? Either way a day or so to get the communication correct I can understand as long as it is then followed up by a PR campaign - Radio, TV, newspaper etc. The team will want as much exposer as possible.
First things first let's pass the inspection today, whatever time that mat be! Go FLPC
Looks lie a slow trading day today everyone waiting for news me thinks. Unless people are on line waiting to spank the ask and waken the SP up comments anyone?
Hi Dockzef, Now that post makes more sense of course the FLPC guys have Craig who is a bit of an expert in this area and they will have a mining plan. I dont mean just the formal approval, H&S etc etc but they will want to extract in acertain way, for sure I doubt they will just blast the hellout of the thing and see what they get. This has taken years to get to production and they will be ready to reap the contaent in a given way this aint open pit mining and has to be done with an amount of finesse. But good point!