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If you do dump i'll be buying at .0001
Couldn't have said it better myself. Sure I'm blind but the time to sell was 6 months ago when everyone should have, right? So you missed your window now just hold or sink at this point. The bod will come through I have no doubt. I say hang in there and buy and let's just all hope a Rd isn't in the cards. I'm confident and holding.
Sorry to hear about your loss. You haven't missed much. We missed your FLPC positive postings!
He is from Group8, so this has probably been the plan all along after they hit a certain milestone.
Who cares about Murdock. I like the fact that it said this, and hopefully everyone else will as well " enabling more frequent and comprehensive public information updates" That's what we have been wanting hopefully this move will enable more communication again since they have been so busy.
FLPC always delivers, maybe not on time but they will deliver. I suggest you guys trust this great management team that all of us longs have always raved about. We placed our eggs in this basket, trust that things are going well and suck it up. No point in whining on here, the more whining the less they will want to post updates because some of you guys will never be satisfied.
I'm going with stocktrotter and trust that when Bob says " the best is yet to come," then I will believe the best is yet to come.
If you aren't happy go jump into any number of other penny stocks that have even more substance than FLPC. Good luck finding it.
They opened the mine and sent a test shipment. That's pretty awesome. It's only a matter of time before revenues future bigger shipments and then the mill. It's a long term prospect we don't need any ra-ra spirit fingers. Flpc delivers on their promises just not their timetables. Your cheerleading and great DD will pay off..... One day. Don't get down because of radio silence.
However Texas is a huge market with a lot of wealthy people and it will mark their entrance to the south.
Definitely in Fall, with mill revenue numbers sometime in early 2015. How long can you go?
Where did you see that the ore was purported at fencemaker to be grading over 30% today.
Crazy wives. I told her how much ive got and i told her im not selling any till .23 she wasn't happy but she also didn't want to read the dd. Man up haha
Who Dat!! , nobody is going to catch the Saints, just like you flippers won't be able to catch these FLPC supersack strings as they head beyond the 52 week high!
We shouldn't start busting out the trophies yet, but for everyone making the big bucks with FLPC should buy an antimony trophy, lol.
http://www.rotometals.com/product-p/antimony.htm
It's a conversation starter for your desk. "What is that?" And you respond, "Oh, just an investment that bought me, that new car, this house, and paid for all 3 kids college, they are only 10, 5, and 2."
Because there are no risks, it takes money to open a mine and now revenues will start flowing ha ha. There is a risk of FLPC dropping from .07 to .046 in one day.
Robert Reynolds, VP of Operations bought 2500 shares, FORM-4 out too.
Now he owns 3,316,325 shares.
Weren't they the ones who provided the 500k loan?
Here's all the details on mineral properties.
Note 3 – Mineral properties
A) Lithium Agreement:
On May 31, 2012, the Company entered into a new purchase agreement with GeoXplor Corp. (the “Lithium Agreement”), which is effective as of March 15, 2012. Under this Agreement, the Company has been granted an exclusive four year exploration license in regards to the two mineral properties described in the Agreement. One property encompasses 58 placer claims (9280 acres) located in Lida Valley, Esmeralda County, Nevada for Lithium and Lithium Carbonate exploration (the "Lida Valley Property"), and the other encompasses 70 placer claims (11,200 acres) located in Smoky Valley, Esmeralda County, Nevada for Lithium and Lithium Carbonate exploration (the "Smoky Valley Property"). Pursuant to the Agreement, upon the completion of the required payments and work commitments, GeoXplor shall transfer title to the properties to the Company and shall retain a 5% royalty, on which we shall have the option to purchase up to 4%, for $1,000,000 per 1%.
The Lithium Agreement is a replacement of all prior agreements pertaining to the Lida Valley claims contained within the Purchase Agreement dated December 24, 2009 between GeoXplor and the Company. This Agreement supersedes and replaces all prior agreements in respect to those claims.
Under the new Lithium Agreement, the Company is required to:
Make Cash Payments - First Liberty shall pay GeoXplor in consideration of the grant of the exploration license and other rights granted under this Agreement a total of $725,000, according to the following schedule:
(1)Twenty-Five Thousand Dollars ($25,000) at the execution of the agreement, which amount was paid during the year ended July 31, 2012;
(2) One-hundred Thousand Dollars ($100,000) to GeoXplor on or before December 31, 2012; which amount remains outstanding as the date of this filing;
(3)Two-hundred Thousand Dollars ($200,000) to GeoXplor on or before December 31, 2013;
(4)Two-hundred Thousand Dollars ($200,000) to GeoXplor on or before December 31, 2014;
(5)Two-hundred Thousand Dollars ($200,000) to GeoXplor on or before December 31, 2015;
Stock Issuance – As additional consideration, the Purchase Price shall include the issuance of 2,000,000 Shares, subject to such conditions as may be imposed by the rules and regulations of the United States Securities and Exchange Commission, as follows:
(1)Five-hundred Thousand (500,000) Shares to GeoXplor on or before December 31, 2012; which amount remains outstanding as the date of this filing;
(2)Five-hundred Thousand (500,000) Shares to GeoXplor on or before December 31, 2013;
(3)Five-hundred Thousand (500,000) Shares to GeoXplor on or before December 31, 2014;
(4)Five-hundred Thousand (500,000) Shares to GeoXplor on or before December 31, 2015;
Work Commitment – First Liberty shall expend not less than One Million Five-Hundred Thousand Dollars ($1,500,000) in Mineral Exploration and Development Testing ("Work"). The Work shall be scheduled according to the following schedule:
(1) One Hundred Thousand Dollars ($100,000) on or before November 15, 2012, which amount remains outstanding as of the date of this filing;
(2) Four-hundred Thousand Dollars ($400,000) on or before December 31, 2012, which amount remains outstanding as of the date of this filing;
(3) Five-hundred Thousand Dollars ($500,000) on or before December 31, 2013;
(4) Five-hundred Thousand Dollars ($500,000) on or before December 31, 2014;
Note 3 – Mineral properties (continued)
As of date of this report, the Company has expended approximately $80,000 towards the required work program. The Company is presently in negotiations for an amendment to the Lithium Agreement, which will adjust the stock and payment work requirements. This is expected to be completed in July 2013.
Conditions for Transfer of Title and Subsequent Limitations –
(1) At such time as the Company has completed the required payments, work program and stock transfers, the Properties shall be transferred to the Company by Quitclaim Deed.
(2) Concurrently with the transfer of title to First Liberty, First Liberty shall convey to GeoXplor a “Net Value Royalty” on production of lithium carbonate and other lithium minerals from the Properties measured by five percent (5%) of the gross proceeds received by First Liberty from the sale or other disposition of lithium carbonate or other lithium compounds less (i) transportation of the product from the place of treatment to the purchaser, (ii) all handling and insurance charges associated with the transportation, and (iii) any taxes associated with the sale or disposition of the product (excluding any income taxes of First Liberty). First Liberty shall have the further right to purchase up to four percent (4%) of the Net Value Royalty, in whole percentage points, for One Million Dollars ($1,000,000) for each one percent (1%).
(3) If First Liberty, its assignee or a joint venture including First Liberty, (i) delivers to its Board of Directors or applicable other management a feasibility study recommending mining of lithium carbonate or other lithium compound from the Properties and such Board of management authorizes implementation of a mining plan, or (ii) sells, options, assigns, disposes or otherwise alienates all or a portion of its interest in the Properties, First Liberty shall pay GeoXplor an additional bonus of Five Hundred Thousand Dollars ($500,000) in cash or Shares of First Liberty. The election to obtain cash or shares of First Liberty shall be at the sole election of GeoXplor.
As of April 30, 2013, a total of $314,236 has been expended on exploration and claim maintenance activities.
B) San Juan Agreement:
On November 6, 2012, we entered into a purchase agreement with GeoXplor Corp. (“Agreement”). Under this Agreement, we have been granted an exclusive five year exploration license in regards to a mineral property described in the Agreement. The mineral property encompasses 13 lode claims (260 acres) located in the Canyon Country District, San Juan County, Utah for Vanadium and Uranium exploration (the "San Juan Property"). Pursuant to the Agreement, upon the completion of the required payments and work commitments, GeoXplor shall transfer title to the San Juan Property to the Company and shall retain a 3% royalty, on which we shall have the option to purchase up to 2%, for $1,000,000 per 1%.
Under the San Juan Agreement, the Company is required to:
Make Cash Payments - First Liberty shall pay GeoXplor in consideration of the grant of the exploration license and other rights granted under this Agreement a total of $500,000, according to the following schedule:
(1) Twenty-five Thousand Dollars ($25,000) to GeoXplor on or before December 31, 2012, which amount remains outstanding as of the date of the filing;
(2)Seventy-five Thousand Dollars ($75,000) to GeoXplor on or before December 31, 2013;
(3) Two-hundred Thousand Dollars ($100,000) to GeoXplor on or before December 31, 2014;
(4) Two-hundred Thousand Dollars ($100,000) to GeoXplor on or before December 31, 2015;
(5) Two-hundred Thousand Dollars ($100,000) to GeoXplor on or before December 31, 2016;
(6) Two-hundred Thousand Dollars ($100,000) to GeoXplor on or before December 31, 2017;
Note 3 – Mineral properties (continued)
Stock Issuance – As additional consideration, the Purchase Price shall include the issuance of 3,000,000 Shares, subject to such conditions as may be imposed by the rules and regulations of the United States Securities and Exchange Commission, as follows:
(1) Six-hundred Thousand (600,000) Shares to GeoXplor within 10 days of November 6, 2012, execution of the agreement, which amount remains outstanding as of the date of the filing, and the Company is presently in negotiations for an amendment to this Agreement;
(2) Six-hundred Thousand (600,000) Shares to GeoXplor on or before December 31, 2013;
(3) Six-hundred Thousand (600,000) Shares to GeoXplor on or before December 31, 2014;
(4) Six-hundred Thousand (600,000) Shares to GeoXplor on or before December 31, 2015;
(5) Six-hundred Thousand (600,000) Shares to GeoXplor on or before December 31, 2016;
Work Commitment – First Liberty shall expend not less than One Million Dollars ($1,000,000) in Mineral Exploration and Development Testing ("Work"). The Work shall be scheduled according to the following schedule:
(1) Seventy-five Thousand Dollars ($75,000) within six months of November 6, 2012, the date of the agreement; which amount remains outstanding as of the date of this filing;
(2) One-hundred and Seventy Five Thousand Dollars ($175,000) on or before December 31, 2013;
(3) Two-hundred and Fifty Thousand Dollars ($250,000) on or before December 31, 2014;
(4) Two-hundred and Fifty Thousand Dollars ($500,000) on or before December 31, 2015;
The Company is presently actively seeking investment capital to undertake the next stages of development on the San Juan Agreement, and is seeking to close this financing as soon as commercially reasonable terms can be obtained. The San Juan Property encompasses certain claims previously included in agreements between the Company and GeoXplor, and this Agreement supersedes and replaces all prior agreements in respect to those claims.
There are some convertibles due at the end of the year, but it's just a drop in the bucket and shouldn't be too big of a deal. So with that, I'm gonna TrapperJim all over you guys:
From Annual Report
(2) Five-hundred Thousand (500,000) Shares to GeoXplor on or before December 31, 2013; (For Lithium properties)
(2) Six-hundred Thousand (600,000) Shares to GeoXplor on or before December 31, 2013; (For San Juan property)
On March 4, 2013, the Company entered into a Convertible Promissory Note agreement with Harbor Gates, LLC (Harbor Gates), a Delaware limited liability corporation, an accredited investor, whereby Harbor Gates loaned the Company the aggregate principal amount of $25,000, together with interest at the rate of eight percent (8%) per annum, until the maturity date of December 31, 2013. On April 12, 2013, the Company entered into another Secured Convertible Promissory Note agreement with Harbor Gates, whereby Harbor Gates loaned the Company the aggregate principal amount of $25,000, together with an interest rate of eight percent (8%) and with the maturity of December 31, 2013.
If the Note is not paid in full with interest on the maturity date, Harbor has the right to convert this Note into restricted common shares of the Company. The Company at its option may elect to convert all or part of the principal and any accrued unpaid interest on these notes at any time or times on or before the maturity based on a conversion price. The conversion price (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower) shall equal to 50% multiplied by the lowest volume-weighted average trading prices during the ten (10) trading days prior to conversion notice.
I'm taking out $10k when it hits .23 and then letting my core position ride to lithium.
FLPC is beyond iHub nothing we say here can effect it, unless GO4AWILDRIDE, stocktrotter and other big holders jump out all of a sudden. 35 million shares dumped by them would be a bad day =). They aren't selling though.
You've got me reading more about phase change memory (PCM). I knew I had seen PCM somewhere before. This definitely looks like the future of flash and even built-in memory solutions.
This is from an article discussing it: http://www.technologyreview.com/news/409482/a-memory-breakthrough/
"Like flash, phase-change memory is a non-volatile memory that can store bits even without a power supply. But unlike flash, data can be written to cells much faster, at rates comparable to the dynamic and static random-access memory (DRAM and SRAM) used in all computers and cell phones today. Currently, Handy explains, computer- and cell-phone engineers use DRAM or SRAM combined with flash. DRAM and SRAM are used to read and write data quickly; flash is used to store data when the power is off. “Handset manufacturers are excited about phase-change memory,” Handy says, “because it looks like they could get rid of two of the chips [flash and DRAM] and replace them with one phase-change memory chip.”
Phase-change memory has made a lot of progress in the past few years, Wong adds. “A few years ago it looked promising,” he says. “But now it’s going to happen. There’s no doubt about it.”"
Wow, not only replacing flash memory because it is as fast as RAM, but also replacing RAM on a motherboard and cell-phones and who knows what. Talk about a great use of antimony!
Where will it go?
GO4AWildride, Cuban guy and stockrotter are going to be swimming around like scrooge mcduck
guess somebody is profit taking. No biggie we are all waiting for $1's where all we do is chat on here about all the vacations and good times we are having thanks to FLPC!
You're either long and believe or you need to get out. True longs could care less what's happening now, my eye is on the lithium. Volume will come, you can't deny this management team's success and sticking to their promises. Just hang in there and they PPS will come along.
Did I miss the 2nd and 3rd buyer news? Where did you see this at?
I've only been waiting 8 months.
FLPC just approved for mining by the state. It's time to jump in before the PR officially hits.
Time to fill up some super sacks.
My investment group owns just over 600,000 shares and we aren't selling anytime soon. ha ha ha.
FLPC finally given permission to start mining. Just giving you guys a heads up
FLPC was just given permission to begin mining, they pass all inspections.
FLPC has finally been given approval to start mining. The time to get in is now. Explosion coming after this officially PR's
FLPC has been given approval to start mining, all inspections passed. Time to jump in before the ore comes out!
Another 30k shares for me. My chump change is ready to sky rocket!
Dr. James Andrews has a SVFC clinic and they announced they were trialing it there. Tons of athletes go to his clinic. Rob Gronkowski is getting cleared by him in the next few days maybe. Doesn't 1 + 1 = 2?
There has to be news, what do you tell $1.1 million of debt holders to make them agree to be investors again.
It can't be so you can convert to common shares and dilute the hell out of the stock.
All these debt holders wouldn't be converting to preferred shares unless they were presented something pretty impressive.
People definitely do have differing opinions on trading. I especially like the one where people sell into crazy good news! Next up is our Fall 2013 Bombshell and then ore revenues.
It's Gold......56 http://uraniuminvestingnews.com/15793/uranium-price-spike-could-be-dramatic-rob-chang.html
Uranium needs to be imported to the US, how about some "Mined in America" for that problem?