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Looks real thin to pennies on L2!
Reading the previous Qs they've been issuing shares to pay everything and everyone. Perhaps that's why they can show a technical profit. They might make a profit on paper but sounds like they have a big cash flow issue.
Proven fact? After extraction maybe!
I have read it and I am a geologist so I understand the uncertainty inherent in the analysis of ore bodies especially when using a limited number of data points. What are the actual costs to recover that amount of ore? Open cast permits? The point is this will be a long way into 3 billion shares long before $300m in antimony has been recovered.
So there is a $300m potential but how much will it really cost to extract that if the open cast permits are ever granted? More convertibles are due in August even if the AS increase is voted down.
Read the 10Q, be mindful of the facts, and ultimately make your own decision.
I would have loved to have kept my full position to see what happens but I couldn't take that kind of risk when my 97 outback has over 200k on it and is my only car : ) Will probably replace it with a new Ford Focus - maybe something better once we see the outcome of this company by 2014. FLPC looks good but in life nothing is certain. Looking forward to July. FLPC!
I took out the 7s by selling out the remainder of my initial investment for 50% profit. I now have 1 million shares riding free to see what happens in the coming months or year. And before anyone says why not wait a couple of weeks - I need a new car this weekend and wanted the cash back now.
Look at VHGI which ran from 0.0039 to about 0.05 sank back to 0.01 and ran to 0.10. Each stock and every run is different and everyone has different levels of risk and profit taking.
Nice bids stacking up!
GLTU. Waiting patiently here.
I have 1% of the float and I'm full.
51 x 52
Plenty of 5s there today but confidence is returning so maybe not so many by Friday?
Better buy some 5s then!
Come on Bruce! $FLPC
1mil at 5 sure is an improvement on yesterday's 100 at 5!
You personally are going to buy it?
I thought the group was going to buy up everything not load up the ask!
Growth would be nice. $FLPC
If not I'm happy if people slowly and quietly eat up what's here.
Is someone just buying and selling back and forth?
Maybe the guy pretending to sell 2.5Mil at 0.005?
Someone really wants to keep it down selling 500 shares at 0.0045.
Only retail left here now. Sooner or later people will get bored of waiting and start to hit the ask.
Looks thin back to 0.01+ right now.
No I'm an East Coast man. $FLPC
If the bidder at 44 flips to the ask we could easily see 6s this afternoon IMO.
This week I think we will see a steady increase in PPS back to 6s/7s.
Only 50k shares at 5 next up 55s. $FLPC
Sooner or later people are going to realize that cheap shares are finished and this will start to trade up quickly.
Now let's move north.
Goodbye VFIN.
Nice bids building in the mid 4s!
Does FLPC = UAMY? In $$ terms I hope so.
If VFIN leave the ask party it looks pretty thin again on the way up.
People quietly loading for the prize.
I love that FLPC is the only domestic mine listed in the USGS mineral yearbook.
http://minerals.usgs.gov/minerals/pubs/commodity/antimony/mis-2012q4-antim.pdf
$FLPC > Dilution is done. Ready to run!
Boom. This will start to flow again once people find out no more cheapies are coming.