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Exactly right 1kgwxman better days ahead. Should be an exciting summer here at FLPC.
Completely understandable but perhaps this is not the forum for that discussion?. FLPC's share price is very low right now and as we have seen a few time in the last several months the SP has been able to spike up 100% or more allowing for well timed trades to turn a profit. It really doesn't matter where this ultimately goes so long as your paying attention and trading the spikes. We will witness flippers flood in as news is released, they are always a part of penny stock land, and sometimes even hold a real move up back a bit but they are trading for the profit. Even on the NYSE there are winners and losers when it comes to stock picking but the goal is always the same to make money on the trade.
I have not heard one word of anyone pumping this stock. More likely the buying is on a hunch of a pending update from the Company. Buying and selling any stock for a profit works like this sell it at a higher price than you bought it for. I fully believe that FLPC will get back to mining and that there will be real data to evaluate the Company on in the future. For now I will be happy to trade this for a profit as I have done in the past. May just be some smart investors who know how to trade sub penny stocks have shown up.
Need to raise the ask, there is buying pressure, no need to sell anything at these levels. Last level of resistance was 0.0028 so we should be able to get there at least.
well something is going on any ideas?
First time we've moved past triple 8 in a long time coupled with some volume. Some interest in FLPC for sure.
We need to do a little soul searching and finally start trying to do more than hope it doesn't happen again. Anyway not the forum for that here but yes I think appropriate to have acknowledged the tragedy and express hope for some meaningful change. I know it's a bit quiet here on the FLPC front but I truly believe we see some updates by the June/July time frame if not earlier and then we will see where this goes. GLTA.
Another positive sign for FLPC.
JimBobWalnut I did the same as you bought under a penny and sold between 4 and 7 cents and I too expect to do it again. Holding shares bought at triple 3 it's all up from here.
Splitting hairs indeed fact also remains Voaden is long gone. It's a new day at FLPC get ready for ride upward.
The ore from 2013 is stored and can be processed. It itself has an estimated value of around three hundred thousand dollars based on purity. The SP rose on expectations as does the SP for any company when positive news is pending. Positive news is pending again and I believe FLPC will progress toward an eventual return to mining. The SP will most likely rise on expectations along with news and verifiable progress. I think FLPC makes it as a start up eventually but money can be made trading FLPC all the way to that stage and beyond. Oh no doubt some investors will get in at a point where their individual gain is small or even a loss and that's the nature of the thing. Penny stock here not NYSE but don't think you can't lose money there too it's all timing. I make no assertions of how great FLPC will be or not be I simply know that a lot of time and effort has been put into getting this restructure right and I believe we are going to see a positive outcome for investors with well timed entry and exit points. You don't marry yourself to a stock you trade it.
FLPC is on the cusp of completing it's long restructure and beginning anew. The only thing investors need to pay attention to are the public statements that have and that will be forthcoming from the Company. The Company expects to have the updated Financials released by end of Second quarter not far off at all. I think investors can wait a bit longer to see what FLPC will say at that point. Many signs point to a large potential gain for those invested in FLPC and many of those points have been posted here over the past several months. This forum along with other sources should be part of any potential investor's Due Diligence. FLPC was a multi penny valued stock in 2013 and is currently trading in triple zeros there is a lot of room for the SP to double or triple or go up 10 fold. Not a bad potential return and all that can happen before any mining even starts. FLPC is a high risk/reward investment. Just look at the excitement that was created last May when the Company produced it's first public statement in over two years detailing their expected path forward. The SP went from 0.0003 all the way to 0.0028. Money was made in just trading FLPC at that time and that is the idea behind trading any stock. Looking forward to a very good year GLTA,
Very telling 1KGW and as we all know Voaden had a very limited role with FLPC and not a managing one at that and is long gone now anyway.
That's true and once we get the financials posted with an update from the Company I think the conversation will be quite different here.
The past is behind us. Consider this a fresh start with a proven commodity that has value in the ground. There will be a source of funding at some terms that will bring the Antimony to the surface.
The SP has been stable for months and odds are it's going higher not lower. Mid trips is a great buy in price if you want to make some money on a flip or hold for big gains. Whether FLPC makes it as Americas only Antimony producer or not doesn't affect the ability to make money trading FLPC stock and some will.
The idea is to mine, mill unrefined ore to a higher concentrate and sell it. Yes I am suggesting a proper mining operation and I believe we get there. The first step to getting funding is getting the financials updated to be compliant. The type of funding and availability of funding will become clearer after the filings. I would expect that as part of the restructure a detailed business plan has or will be drawn up to demonstrate what kind of value FLPC has in the mine that would warrant a loan or an investor's funds. We just have to wait and see.
Keep your eyes on the Sb it is real and once the financials are posted we will have investors or a loan IMO. The Company will get the financials out by end of second quarter and then it's off to the races for the share price. I predict we see the financials before the end of the second quarter so stake your positions. Oh and if anyone is convinced that FLPC will not get the financials posted by end of second quarter of this year or that they will never get funds to mine again then the world is full of other opportunities. GLTA.
We are at a very interesting point in the history of FLPC for all invested in the Company. As mentioned FLPC did make some early mistakes that resulted in a long restructuring process that is nearing an end. With the release of the required financials FLPC will be in a position to concentrate on securing the needed funding to resume mining of the Fencemaker mine. The exciting part of all of this to me is the potential that exists with the Antimony that is in the Fencemaker mine and it's potential to reward the shareholders and other investors of FLPC. Antimony a rare earth metalloid is crucial to the defense industry among others and is primarily obtained from foreign sources. These foreign sources are subject to supply disruption based on geopolitical factors and internal economic factors of those producing countries. FLPC has as a goal to be a domestic source of Antimony to supply the needs of U.S. industry including national defense requirements. If the U.S. government is serious about securing domestic sources of rare earths, and H.R. Bill 1407 introduced last March would strongly suggest that it is, then FLPC would appear to be in a very strong position to capitalize on that goal. The only piece missing IMO is funding and considering the value of what FLPC has in Fencemaker and potentially in other properties funding would appear to me anyway to be very realistic. I believe getting the financials up to date will allow for a serious and credible search for that funding.
I think you are way out ahead of what FLPC is. FLPC is a start up company that hit a major bump in the road a few years back and is now poised to restart operations. It is not what FLPC has managed to do in the past, although the fact that they did mine Fencemaker is relevant, it is what is ahead that is important. The filings while necessary to be compliant with the SEC will not show much of anything to move the bar either way IMO. Funding is what is needed and that is not going to come from the exchange of a few shares being traded. The Company must sell the reason why they are deserving of a loan or other investment money. The good news is that FLPC has Antimony in the ground and a domestic source of Antimony is being sought by the U.S. Government as demonstrated in the language of H.R. 1407. Once funding is secured then I believe we start mining and we start processing ore. It is an open question if FLPC ultimately makes it or not as with any penny stock or start up.
Your right about one thing it's all about story telling, your story telling and it has been roundly debunked.
Almost 1,200 negative posts about how FLPC is worthless and has failed and yet the Company is alive and moving forward. 1,200 posts from a non investor of apparently unparalleled altruism come to save U.S. investors from a single sub penny start up company now that deserves a LoL.
Two things that are very positive IMO are the fact that the Company has acknowledged the patience of it's shareholders and has given a time frame for the financials being released. We have heard a lot of comment about FLPC possibly pulling the plug or not returning to mining and this update completely refutes that sentiment. There is a tail wind working in our favor now and FLPC has a lot of potential. My thoughts are that along with the stored Sb ore that has a valve in the hundreds of thousands of dollars and the resource known to be in the mine we should be able to secure reasonable funding through loans or interested investor groups. H.R. bill 1407 the (Metals Act) now in Congress may also help with funding and generate more interest in FLPC and the Fencemaker mine. Remember Antimony is a necessary rare earth for the defense industry among others, it's supply is limited and a U.S. source is needed.
Today's update is very clear and to the point and if anyone has additional questions the company is encouraging questions be submitted. Alive and well and 2018 looks to be our year GLTA.
Nice to see the update this is going to take off once the filings are posted IMO. The Company has given a time frame of the second quarter of this year and that is fully what I have been expecting. Very attractive speculative buying opportunity here at these levels. GO FLPC!
"That's when the SP should rise" and it most likely will. We will be just fine here.
CE the amount and volume of shares being traded is very small relative to the averages seen in the past. No new shares have been issued in years so no dilution is going on and the Company is not bringing in new money from shareholders. The BOD is not hanging around to get additional funds from shareholders they do however need a funding source in the form of a loan or another outside investor to get back to mining. The financials need to be completed to get current with the SEC and as you know there is an issue that we are told is being worked out. Once that is completed and as I said before there is a reasonable expectation that it needs to be completed in the next few months at the latest. I believe this current year offers the best possible combination of events to get back to mining. Antimony is in demand and Fencemaker has Antimony at a concentration that is viable for commercial mining, can be concentrated at a mill and be sold for revenue. All permits are current and mining could resume in a matter of months. Funding is the biggest concern but we have a possible source if and when the Metals Act (H.R. 1407) passes. The BOD is actively seeking other funding and with the stored ore we should have the possibility of using that as collateral or as proof of the resource to be mined. Our corporate tax rate just went way down in the U.S. making all sorts of businesses much more viable including little startups like FLPC.
What would be managements purpose in fooling shareholders as they are gaining absolutely nothing from the shareholders of FLPC? The management will succeed financially only if the company succeeds and the shareholders will be right there with them. I realize you only have room for the negative but you might be surprised here soon. Double down on the doom and gloom if you wish but the way forward may be bright so be prepared.
The BOD is well aware that at some point this venture has to make progress beyond where it has been for the last couple of years. Again I believe we will see that in the next few months. This has to be the year that we begin to put all the pieces in place to a return to mining. Progress was made last year even if some don't see that. I think we will see the filings first then the company should address the stored ore and funding issues. Give this a couple months or so and lets just see.
The sky isn't falling here in the U.S. in fact its a very happy new year.Things are looking very good for companies of all kinds including mining. I think we see progress on the Metals Act in Congress this year along with the long awaited financials from FLPC. I am very optimistic looking forward and I predict there will be a lot for us to discuss here in the next few months GLTA.
That does sound exciting and a little more time will tell. Merry Christmas!
You left out "if no filings" before you quoted me. I don't often post personal email responses from anyone as the company is available to answer all shareholder or non shareholders questions if submitted. Each investor or non investor is capable of asking the questions of the company that they feel important and assessing the response for themselves. I remain optimistic the filings will be posted and then we see what FLPC intends going forward. At this point the Company has invested a lot of time and I believe money to stick around for a reason. We can all disagree on what any of it means But again I believe we will have a much clearer understanding in the next few weeks or months. The ball is firmly in managements court and they know they have to do something soon IMO.
I never saw any statement by the Company as December being an expected date for the updated financials being released. I have no knowledge of when the financials will come out spring of 2018 was just a worst case guess on my part. I said I would expect the financials in a month or two as my guess but only the Company would have that information available if they even know for sure.
Well there is a lot going on behind the scenes at the moment to get current with the SEC. My continued optimism is based on the constant contact I have had with the Company. I know nothing more than anyone else here that hasn't been publicly stated by the Company but they are still there working and promptly answering any questions from shareholders and that is an important factor in considering what they believe will happen in the future. Having said that the wait cannot be forever and the BOD understands that as well. I truly believe we will see the updated financials which will bring the Company current with the SEC beyond that it is a bit more unclear but first things first the filings must be completed. The failure of high risk start up companies is not unexpected and happens all the time. Whether FLPC ends up there is still an open question but I believe this will rebound on news of the filings. If no filings are posted by next spring and a business plan brought froward then I guess the chances of a successful restructure would be in serious doubt. On the other hand if the filings show up in a month or two and we start getting regular updates from the Company this will see a significant bounce in SP (my opinion) and I think that is the likely path. Holding my shares for whats to come.
I am certain it's not stupidity it has everything to do with financing. As I understand it the Company is getting ever closer to the filings and hopefully we will see an update just as soon as that happens. I really think next year is a make or break for FLPC and I still believe we will see this rebound in a big way.This remains a high risk reward investment but it has potential for big gains. Patience is a bit of an understatement for many of us here but again I believe we will have an answer as to whether this is a go by next June or July as I think we see at least the filings within the next month or two IMO (just my hunch). The low trading volume and the stable price around .0007 to .0008 would suggest at least to me that shareholders are giving management a bit more time to get things sorted out. I am just giving my opinion of coarse, each investor has to due their own DD, and I know there are very different opinions as to what will happen GLTA.
Nice to see the 2+ million bid that was at 7 move to the ask at 8 and get filled.
You have a good point there we would undoubtedly be last on the list no matter what happens.Karma does have a way of catching up to these types.
I don't know what Robert Stevens should be doing but he may have little motivation to do anything. I brought my concerns to his attention and he asked that any evidence be sent to him that the shareholders of BRWC thought showed fraud or illegal activity. I know some here followed this very closely and were very savvy with retaining certain communications from Francine that could potentially prove our belief wrongdoing occurred.Some here have reportedly lost six figure investments in BRWC and if a class action lawsuit were brought I believe Francine would at least be held responsible for her actions even if we weren't to see much of any recovery of investment. If nothing is brought she will pull away from the wreckage of BRWC and simply move on with her baby St. Ellie. I doubt she will succeed in the long term because I believe she is a terrible business person but would love to see her have to answer to the shareholders of BRWC, and if fraud or other charges were to be proven, for her to pay financially.
If anyone has what they believe to be evidence that Francine diverted funds being revenue or contracts away from BRWC to St Ellie Robert Stevens told me he would be happy to look at that. I don't know what he would or could do with it but he did offer that when I spoke to him. I believe that Francine misused BRWC monies for the benefit of her private label water company but there needs to be some evidence of that for anyone to connect the two for the benefit of BRWC shareholders. It is my belief that we will never see one cent of our investment back but if anyone could prove the diversion of money from BRWC to St. Ellie we might be able to force her to sell St. Ellie and then maybe be able to collect some damages do to fraud. It's a bit of a long shot but it would be a sort of justice in the end.
There has not been an official PR since the one in May but Bob would be able to update you with any information that can be disclosed to the public at this time. The price has been steady at around triple 8 for some time and has dipped to 6 once or twice but has settled back up to include last Friday's close. Not sure where the support at 6 finally broke is from we haven't seen today's close yet.