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Thanks for the invitation to this group Echo, but I don't think this POS is going anywhere. Seems like nothing but a lot of unwarranted hype and fantasy about a RM which there is no proof of, or even mention of from the company. Totally worthless.
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Thanks! Echo invited me here but it soon became apparent that it was just a lot of pump.
This POS is pretty much worthless.
There is no RM coming here. That is nothing more than wishful thinking. Management has never mentioned it. It's pure fantasy.
Not likely, it's hasn't been over .0001 in over a month.
Nice try at "alternative facts". The truth is that FLPC has tons of potential and has proven that they can open and operate a mine. They will do it again IMO.
Stop wasting our time. These are the FACTS:
FACT: FLPC has kept it's permits intact
FACT: FLPC has 1000 tons of ore at a milling facility
FACT: Even if that ore is only 5% Antimony it is worth $1.1 million at current prices
FACT: FLPC has said that management is investing $300K
FACT: FLPC has a mine with antimony in it.
FACT: The price of antimony has sky rocketed over the past few years
FACT: Demand for a US source of antimony is very high.
FACT: FLPC has indicated they are getting financials in order.
FACT: The SEC has NOT indicated that FLPC is being investigated for breaking any SEC rules or regulations.
FACT: The SEC has NOT indicated that FLPC is being investigated for "conning" investors.
FACT: The SEC has NOT indicated that FLPC is being investigated for "lying" to investors.
Echo: Sounds like a lot of pumping and hype.
What are the actual facts that make you want to invest in PMBS?
Thanks for the honest opinion. 5-10% chance doesn't sound all that great.
Also, doesn't sound like the RM possibility that Echo was pumping.
That was a paint of only 100 shares down to .0009 in the last minutes.
I think that is pure fantasy though. Has the CEO ever indicated he was planning a RM?
Where are the facts??
More likely a RS and more dilution. Nothing of any value here as far as I can see.
That's all your opinion. Please show proof.
Actually we know quite a lot. These are all FACTS:
FACT: FLPC has kept it's permits intact
FACT: FLPC has 1000 tons of ore at a milling facility
FACT: Even if that ore is only 5% Antimony it is worth $1.1 million at current prices
FACT: FLPC has said that management is investing $300K
FACT: FLPC has a mine with antimony in it.
FACT: The price of antimony has sky rocketed over the past few years
FACT: Demand for a US source of antimony is very high.
FACT: FLPC has indicated they are getting financials in order.
FACT: The SEC has NOT indicated that FLPC is being investigated for breaking any SEC rules or regulations.
FACT: The SEC has NOT indicated that FLPC is being investigated for "conning" investors.
FACT: The SEC has NOT indicated that FLPC is being investigated for "lying" to investors.
Yes, IMO a lender would be insane not to give FLPC some breathing room to get things going again. Especially with that 1000 tonnes of ore and a mine full of Antimony just sitting there waiting. They know that is the only way they will recoup their money.
We don't know what deals they've made with the people they have debt with. My thought is that It's very likely that these lenders realize the potential for huge profits if FLPC gets their antimony mine going again vs the alternative of getting nothing back if they don't. The smart choice there, as a lender, is to postpone interest payments while FLPC gets the mine up and running again. Who really knows though. We will have to wait until the financials come out to find out about debt.
Either way, it's the same place they were in when they opened the mine previously.
RS isn't on the table. Do you understand what a RS is? What would a RS do for them? They aren't trying to uplist so there is no need to increase their share price.
Pure fantasy. They have never done one in the many years I've been here and have not announced plans to do one now.
Yes sir! Locked loaded, and holding!
Nope, not even close.
#1 No one has ever claimed that FLPC had a mill. They did however, have plans for one.
#2 The price of Antimony has almost tripled since FLPC had it checked out. It is now worth $22,000 a tonne! Even if the low concentrate estimates are true and it is 5% antimony, that is, in fact, $1.1 million for 1000 tonnes.
Is there anyone here besides Echo who actually believes in this company?
Just curious.
Sounds like he might try another round of dilution and then a RS again. That seems to be the pattern.
Nah, I think I'll stick around and try to figure this out while I'm waiting for news on my other positions.
It is curious though why people would invest in a company with NOTHING going on and no filings.
I mean all OTC stocks are speculative and I've invested in companies like FLP@ where there is risk but at least they are a real company.
With PMBS it doesn't even seem like there is any hope of anything happening in the future. Am I wrong?
Thanks what I'm thinking Wodehouse. I was led here by another investor but I can't figure out why I would invest here and no one seems to be able to tell me.
Seems like this is going no where but the grey market. When was the last time they filed financials?
There is big ol' STOP sign on it.
Can anyone provide me with any reason why I would want to invest in this company?
You are leaving out a huge chunk of history. Why not pick 5 years ago and show all the progress they made in getting fencemaker up and running? They were hugely successful in getting all the required permits (not an easy process in and of itself) AND most importantly, they got fencemaker up and running and mined 1000 tonnes of ore!
They had problems with finding a mill close enough and decided to build their own. That was a mistake that has set them back for the past couple of years. Now here they are, ready to get things going again and you're trying to tell us that they've never done anything? Not even close.
$FLPC
No, actually there is no guesswork. Every one of these facts I posted is irrefutable:
Again here are the facts:
FACT: FLPC has kept it's permits intact
FACT: FLPC has 1000 tons of ore at a milling facility
FACT: Even if that ore is only 5% Antimony it is worth $1.1 million at current prices
FACT: FLPC has said that management is investing $300K
FACT: FLPC has a mine with antimony in it.
FACT: The price of antimony has sky rocketed over the past few years
FACT: Demand for a US source of antimony is very high.
FACT: FLPC has indicated they are getting financials in order.
FACT: The SEC has NOT indicated that FLPC is being investigated for breaking any SEC rules or regulations.
FACT: The SEC has NOT indicated that FLPC is being investigated for "conning" investors.
FACT: The SEC has NOT indicated that FLPC is being investigated for "lying" to investors.
My guess is that they've been waiting for the price of Antimony to reach a certain level to make it more feasible to both profit from, and to encourage new investment in the company.
As Caveat has pointed out, at one point they were thinking about insolvency, now they have decided to attempt to move forward. I'm guessing that has a lot to do with the rise in the price of antimony and increased demand for a US source of Antimony.
Yes, thank you. All FLPC FACTS!
$FLPC
Again here are the facts:
FACT: FLPC has kept it's permits intact
FACT: FLPC has 1000 tons of ore at a milling facility
FACT: Even if that ore is only 5% Antimony it is worth $1.1 million at current prices
FACT: FLPC has said that management is investing $300K
FACT: FLPC has a mine with antimony in it.
FACT: The price of antimony has sky rocketed over the past few years
FACT: Demand for a US source of antimony is very high.
FACT: FLPC has indicated they are getting financials in order.
Rubbish. Speculation isn;t proof!
Even if the ore only ended up being 5%, that is 50 tonnes of pure antimony at $22000 a ton. That is $1.1 million!
Also, we know 100% that it was FLPC that mined the 1000 tonnes. Maybe you missed 2013 but I and many others were here.
This is cracking me up! You can pump this stock all you want but the fact remains PMBS is still insolvent. Can you give some real facts that would make me want to invest here?
That's not a fact. Where did you get that from? That's an opinion.
Maybe write to Bob and ask him if you have questions. He is very forthcoming with information when he can be, in my experience.
That is another fact that was trying to be hidden!
Voaden is GONE!
$FLPC
Yup, those are all false. Nice list. It really exposes how much mis-information is being spread with FLPC. The facts are clear.
And the biggest FACT is that the share price has stayed stable all these weeks when some were saying it was going down to .0004
Here are FACTS:
FACT: FLPC has kept it's permits intact
FACT: FLPC has 1000 tons of ore at a milling facility
FACT: FLPC has said that management is investing $300K
FACT: FLPC has a mine with antimony in it.
FACT: The price of antimony has sky rocketed over the past few years
FACT: Demand for a US source of antimony is very high.
FACT: FLPC has indicated they are getting financials in order.
Insolvent companies don't keep permits alive for a mine full of antimony.
Insolvent companies don't have management who would invest $300K of their own money.
Insolvent companies don't have 1000 tons of ore ready to be milled.
Insolvent companies don't update their websites and state they are moving forward
I love how strong FLPC is!
Even with all this bit of negative talk, we have been able to hold near 10
I believe you ignored a good portion of my last response.
Here's why I can say thatI have no reason to believe they are being dishonest:
#1 They have always filed financials on time until 2 years ago.
#2 They stopped filing when they thought they might have to close down and become insolvent. It doesn't make sense to spend money on auditing and filing financials with the SEC if you're getting ready to close shop.
#3 They have decided it is feasible to open the mine again and have indicated that their number 1 priority is to get financials done and get current.
#4 They are in the process of filing now.
Yup, really Caveat. Let me share some FLPC history with you. Up until they went dormant 2 years ago, they were current with their financials. After they went dormant they considered going insolvent. Of course they aren't going to file financial statements during that time. Why would they? Now they are getting things going again and have indicated that their #1 priority is getting financials complete.
Based on their history I have no reason to believe they are being dishonest about that.
I'm reposting the email form Bob without your commentary. It proves several things:
#1 The company isn;t insolvent and has no intentions of being insolvent.
#2 The management is using their own cash to finance FLPC, which means they believe that FLPC has a bright and profitable future.
#3 Bob was recently in Lovelock working on getting things going
#4 They are maintaining permits which indicates they plan to get things going again.
#5 They are aware of and are addressing the need for SEC filings as quickly as possible.