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Now it's time to find a solution and start the engines again as there is more than a year without any official development .
It's clear that the problems between Jimmy Trikeriotis and Don Nicholson have delayed the whole process of restructuration.
The management continues his personal $ investment in the company , awaiting new funding . That's a good sign .
FLPC
FLPC - MOST RECENT WORD FROM COMPANY
02/01/2016
posted by JimBobWallnut
Here is the most recent correspondence I received from Bob. I won't be posting much here for the next couple of weeks and wanted to share this while I had an opportunity. I'm sure some will try their best to poke holes in this message, but it all jives with my other sources and is rooted in realsville. Happy Trading!!
Good Afternoon XXXXXXXXX,
The company received and recognize your email intent.
Currently, management is working on the “Restructuring Operation” with BusinessGPS Corp and the company is in conversations with several new investment groups.
It has been a very busy year for the CEO and the company as CEO Nicholson continues his personal financial investment into the company by funding many core operations including his numerous trips to Nevada or to meet with potential investors and/or groups.
Although, the public media releases have been limited, the CEO has been networking with several new investor groups, rebuilt several old relationships and continues to actively seeking new funds and/or partners to help move the venture forward.
XXXXXXXXX, as we look back on 2015, it truly was a year of change for FLPC.
The company went thru many significant changes both internally and externally that started as the year 2014 closed.
Personnel, ownership structure, the development and commencing of the “Restructuring Operation”, reestablishment of our relationships and developing new ones, and so many more pieces dominated this year.
As stated previously, the CEO has made numerous trips to the Nevada area to personally reach out to vendors, government officials and review the Fencemaker Mine and raw ore storage property.
As you are aware, previous raised funds were spent on establishing the Fencemaker mine, readying the mine for operation, the mining of raw ore and the storage of that ore.
Management also investigated and evaluated the selling of mined raw ore overseas and did one shipment for an assessment.
Moreover, in the year 2014, the venture continued to look for other opportunities to help strengthen the company.
Those undertakings in 2014 included the hiring of the COO, Liberty Mill Project, Rose Creek Gold development, and acquiring additional antimony property just to name a few areas.
As 2014 came to a close, the COO resignation came to a conclusion as well as the accessibility to funding also slowed.
It required many months in the new year to dissolve the business partnership between the CEO and the former COO.
Additionally, in 2015, the commodities market took a steep downturn and funding for commodities decreased to a 5-year low point.
The decision on the company’s current “Restructuring Operation” is deliberate and a measured operation to help facilitate and assist the venture to move forward as quickly as possible and return to a stable operation.
Notwithstanding, the company’s core team has held together, despite our funding dollars being very tight.
The company’s IR continues to respond to those shareholders’ emails and VM. The company’s object throughout this past year was to communicate with the shareholder base on a direct method, we believe that this was an important way to keep the speculations and expectations reasonable.
In addition, the IR department does communicate with numerous investors and shareholders some on a weekly basis, others monthly and still others quarterly to maintain communications.
The company did release several public statements with the SEC and has done an occasional website update.
The company will release information to the markets as required and necessary, on the other hand, the company will continue the policy to respond with shareholders on an individual basis as well.
Management is working on bring up-to-date our SEC “PINK OTC” filings and actively seeking other investors and partners.
The management team did another expression of a commitment to this venture with the conversation of management’s personal debt into FLPC common shares.
Moreover, management is providing personal funding for numerous core operational processes throughout this past year.
Nonetheless, with any investment, the unknown element involves risks and one expectation for 2016 is the commodities prices would begin to stabilize in the worldwide market and investor actions will also follow.
As 2016 arrives, the company’s objective and goal continues to the rebuilding and rejuvenation this venture as quickly as possible.
Again, at this time, Management continues to provide the core funding needed to move the operation forward.
XXXXXXXX, on behalf of Mr. Nicholson and the company, we would like to wish you and your family a very healthy and joyous 2016.
Best Regards,
Bob
Bob Reynolds
FLPC - VP Administration
7251 West Lake Mead Blvd; Unit 300
Las Vegas, NV 89128
rreynolds@firstlibertypower.com
www.firstlibertypower.com
LOL , you're right ! ;0) Making Business as a sole private entity is the worst thing to do ! An Ltd is not expensive to open ...
Go FLPC ! ;0)
FLPC is currently priced as a SHELL , on no volume ...
As an OTC trader since more than a decade , i know what it means in term of risk/reward... $$$$$$
There is no "Lost Cause" EVER in OTC Land as long as the ticker is valid .... ;0)
Traders here don't need the Company to become a leader in the mining industry to make a $$$$$$ killing again ... $$$$$$
Nobody is asking the Company to be profitable , it's a Pink Sheet ticker .
Watch and learn ....
SEC Filings are not ambiguous and are clearly stating the development stage and challenges awaiting the Company .
It's all in the Filings ... ;0)
FLPC is an EXPLORATION AND DEVELOPMENT COMPANY .
The small scales mining operations were launched in order to produce some proper financing instead of toxic debt financing to sustain further exploration costs . Unfortunately , it failed .
They never claimed to be a MINING COMPANY ! ...
"Yes, my opinion is a FACT " LMAO
I think it's pretty much clear and fair . Do you know an investment which promises zero risk ? ...
Never any action ? I guess the drilling / testing / sampling report, the NDEP approval and the 36,500MT/year mining permit have fallen from the sky ... as the 700MT rough materials stockpilled ... lol
Yep , and i guess all the previous steps necessary to finally obtain those 1000 bags were free of charges , of course ...
? Are you talking to yourself or is there any sense into your reply ? ... It's all in the Filings !
This ticker will run to 2 cents again ! It's all in the filings ! ;0)
LOL. All posts related to FLPC's SEC Filings are OF COURSE allowed .
... #65810 I've quoted the relative sections on several previous occasions but as you will be particularly well aware the posts were removed as being "off topic"
It seems to me you are just unable to bring any evidence about your allegations ...
Fencemaker - A permit for 36,500 MT/year of underground mining in place ...
700 MT of rough materials are stockpilled.
I guess all the previous steps like testing and sampling , Mine safety ,water removal and all the stuff necessary to obtain NDEP approval should cost something like ... 20$ ??
Where has gone the Money ? It's all the Filings ... lol
Again , you are still unable to quote any paragraph to back up your claims ...
I know about the FLPC's SEC Filings very well , so we could discuss and exchange views about them quietly ? ...
Mineral Property Development
(Taken from the FLPC Website)
In consideration of those who have expressed an interest in the operational aspects of First Liberty Power and in keeping with FLPC’s open and transparent method of shareholder communication, the following is an overview of the regulations, compliance requirement and tasks the Company follows in developing a mineral property from exploration through to production.
The first step involves staking the property (if unclaimed land) or the execution of a formal mineral lease agreement (if owned by another party), which establishes the Company’s basic mineral rights.
Next, a considerable range of procedures and regulations must be followed, and regulatory paperwork completed and filed, as follows:
Obtain liability insurance, secure the mine site and bring in a geologist to undertake extensive testing and sampling.
Additional assay testing and tests on ore processing.
Map and survey the property and identify water sources.
Research historical problems and/or latent legal issues involving the property to ensure the resolution of such items before onsite mining begins.
When mineral sources and the means to extract them have been clearly identified, the following steps for processing minerals are organized and administered.
Determine optimal means of transportation for processed minerals to a mill site
Management of the tailings and reclamation of the property
Forecasting a budget and timeline that will prove the project’s fiscal viability.
Initial application of exploration, followed by an application for a full (small mine) mining permit.
Throughout the above operational steps, the Company is required to inform (as needed):
Occupational Safety and Health Administration (OSHA)
Mine Safety and Health Administration (MSHA)
Bureau of Land Management (BLM)
Nevada Department of Environmental Protection (NDEP)
Local county governments and regulatory agencies
Special use permits agencies
NOTE: Relative to these regulatory organizations, First Liberty Power considers it essential to develop and maintain positive, productive relationships with all regulators. Additionally the Company is focused on engaging the services of accomplished consultants and geologists to further advance First Liberty projects to a high level of success.
To summarize, the projected overall time to accomplish the above stages can be more than a year, depending on the type of property and its location. Additionally, the proximity to cities, towns and/or water sources might trigger additional requests for environmental studies and/or public hearings concerning objections to the project.
At the risk of sounding repetitive you are still unable to quote any paragraph to back up your claims ...
I know about the FLPC's SEC Filings very well , so we could discuss and exchange views about them quietly ? ...
This ticker ran like a Beast to 7 cents from 0.004, that's a fact too ....
Just waiting patiently the next run to .007 from 0.0004 ...
If it fails to do so , not a Big Deal , if it does it ... $$$$$$$$$
That's it , nothing more , nothing less ...
Welcome in the Penny Stocks 's World
Does it need 40 paragraphs on a daily basis ?
In the meantime , you are still unable to quote any paragraph to back up your claims ...
I know about the FLPC's SEC Filings very well , so we could discuss and exchange views about them quietly ? ...
FLPC is since inception an Exploration and Development Company and should have staying that instead of burning their financial ressources trying to exploit Fencemaker , but their goal was to provide funding by the sale of Antimony ore to finance Explorations instead of the classic toxic financing used by grossly 90 percent of the OTCBB stocks ...
Unfortunately it failed , but let's see what the restructure will bring to the table ... To me , FLPC will be back to an Exploration and Development Company and regarding Fencemaker and the antimony associated , only a partnership with a reputable and experienced mining actor may bring some royalties to shareholders ...
The Financing System you are describing is common to 90% of OTCBB stocks listed in the US Market ...
This same system allowed FLPC to rise to 7 cents from .003 in november 2013 ...
Thanks for sharing ! Cheers ;0)
I don't see any problem there . What is yours ? ...
LOL , quote it if you can .Then we will talk about it ;0)
For the purpose of this Technical Report the author, Dr.
Duncan J. Bain, Ph.D. (Geology), P.Geo. is an independent Qualified Person in accordance with
Canadian securities commissions’ National Instrument 43-101
and as defined in the CIM Standards on Mineral Resources and Reserves.
This report is to be submitted to regulatory bodies as required and is to be used by the Company to raise funds for exploration and to bring the project to production. Both public domain and
confidential information have been used in the compilation of this report. Public domain sources of information include regional geological maps and topographic maps prepared by the US Geological
Survey, the Nevada Bureau of Mines and Geology, internal company reports by Stockpile LLC, and publications from scientific journals, all reported in relevant sections of this report and
compiled in the references section.
These reports documented work done on and around the Fencemaker property prior to the property
visit by Dr. Bain. Most of this material was supplied as electronic documents by representatives of
Stockpile. A brief report summarizing the geology and mineral potential of the project was written by Kim S. Craig, a Nevada exploration geologist. Most of the historical information was written be
fore the implementation of the Canadian Standards of National Instrument 43-101 in 2005.
Mr. Craig does not have a P.Geo. designation but is a member in good standing with the Geological
Society of Nevada and is familiar with the region from his many years of work in Nevada.
Dr. Bain acted as Supervisor to Mr. Craig during this Phase 1 exploration program. He acts as Qualified Person (QP) for the project for both Stockpile and Group8 and takes responsibility for
Mr. Craig’s work, which is considered, in Dr. Bain’s opinion, to be accurate. Dr. Bain visited the property on March 12, 2012. This visit familiarized Dr. Bain with topography, climate,
infrastructure, historical mining and exploration activities and available work force. Bain was not
on the site during the Phase 1 drilling program but was in daily contact with representatives of both
Stockpile and Group8. Prior to March 2012 Dr. Bain has not worked on antimony projects but is
familiar with mesothermal and epithermal vein-hosted base and precious metals showings, and replacement-type deposits in the southwestern US and northwestern Mexico. These previous
studies plus the Fencemaker site visit allowed the confirmation of current ownership status, area of concessions, exploration activity, availability of mining equipment and the presence of an ISO
certified assay laboratory in the region (at Reno, Nevada).
3.0 RELIANCE ON OTHER EXPERTS
The author has not relied, without verification by the author, on a report or a statement of an expert
who is not a Qualified Person as laid out in accordance with National Instrument 43-101. Dr. Bain
has also reviewed the Lease Agreement between Silver Bell and Stockpile LLC that covers the
concessions of the Fencemaker Project. However, the reader is reminded that Dr. Bain is not trained in the legal profession and cannot provide a legal opinion of the Lease Agreement or an similar
documents.
A Phase 1 program of reverse circulation (RC) drilling was initiated in July 2012 to test the down dip and strike extension of mineralization known to be present in the Fencemaker Mine.
This program consisted of a total of 2350 feet (716 ) from thirteen (13) holes collared in the
hangingwall of the structure. It is the author’s opinion that a significant amount of antimony mineralization exists at the Fencemaker Mine. Highest value recorded was 18.65% Sb from
drillhole FM-02 at the 35 to 40 foot (10.7 to 12.2 m) interval below surface. High-grade mineralization exists to a depth of a minimum of 110 feet (33.5 m) below surface. A cut-off grade
of 0.40% Sb was selected for an NI43-101 and SEC compliant Inferred Mineral Resource. That Inferred Mineral Resource is from five individual blocks totaling 34,125 short tons with an average
grade of 2.92% Sb. Within this estimated total resource higher grade blocks, up to 10,500 tons of 4.17% Sb are present. This mineralization is of the structurally controlled type associated with replacement of calcareous host rock along a series of faults in close proximity to each other.
Abrupt changes in mineralization widths in some areas suggest
that post-mineralization faulting is present below the current mine workings.
Analysis for gold in the drill samples shows a zone of
anomalous (up to 294ppb Au; 0.294 g/t Au).
It is recommended that a Phase 2 program should initiated to provide information on strike and depth extent of the mineralization. It would consist of an estimated 5000 feet (1500 m) of reverse
circulation drilling. Some surface mapping should be included to trace the mineralized structure on surface and to test for Carlin-type gold mineralization. Estimated cost of this work is
USD$223,500
I don't know what you are talking about , Be Caveat Wary Emperor ...
This is a well documented 43-101 Report , fully compliant with the SEC Rules.
FLPC STOCK INFORMATION
The following is the latest stock information for First Liberty Power Corp. week ending: Friday – September 04, 2015 (Report from T/A)
Shares Authorized: 1,500,000,000
Outstanding Shares: 1,244,459,014
Float (Approx.): 1,085,553,836
**(Friday) Market Cap(est): $ 0.37 Million
FLPC Transfer Agency: Pacific Stock Transfer Company, Las Vegas, NV 89119
FLPC - A National Instrument 43-101 Technical Report on the Phase 1 Drilling Fencemaker Antimony Project, Pershing County, State Of Nevada,U.S.A.
http://www.firstlibertypower.com/wp-content/uploads/2012/09/Fencemaker-Drill-Report-43-101.pdf
National Instrument 43-101 (the "NI 43-101" or the "NI") is a standard used for the public disclosure of information relating to mineral properties.
Plainly put, the purpose of the National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges
FLPC STOCK INFORMATION
The following is the latest stock information for First Liberty Power Corp. week ending: Friday – September 04, 2015 (Report from T/A)
Shares Authorized: 1,500,000,000
Outstanding Shares: 1,244,459,014
Float (Approx.): 1,085,553,836
**(Friday) Market Cap(est): $ 0.37 Million
LMAO A bit easy , don't you think ? ;0) Please help us all , show us what you are talking about ! ;0)
I certainly know the FLPC SEC Filings much better than you , so please quote and explain your concerns .
LOL . Could you please quote in the SEC filings what you are talking about ?
I read them all , and i don't see anything illegal such as you suggest on a daily basis ....
Many penny stocks traders made already and once again are going to make FAT CA$H there ... $$$$$$ ;0) Watch and learn.
FLPC
It's not a story of miracle , it's the OTC Market ... Watch and learn
$FLPC I'm going to make a killing again $$$$$$! ;0) Watch and learn !
It's currently all what is necessary to know and to say ,0)
All the rest is just to stir the air ...
Cheers
Of course we are going to make money out of this ! We did it already in 2013... $$$$$ ;0)
"the joke is on those who keep buying this share"
"It's very sad that who every one keeps buying"
"a farce that everyone seems to think will make them a fortune"
"I do feel so sorry for these guys who constantly throw money away time after time "
ROFLOL
Don't feel so sad for us
Cheers
AHHH? Really ? You should have missed something ,lol ....
Opening an old mine doesn't cost $20 ... Do your DD