Successful Businessman unlike FLPC
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Thankyou for the info. I'm not sure what other leases they have and whether or not they could be worth much. If the drilling showed 'Commercial Value', it could mean anything saleable, but it would be depth against cost, and yield, then processing. Surely, this would have been worked out ages ago, in addition, when Voaden set up his Website looking for sponsors, there was no mention as to how significant the yield was. If it were a major amount, it should have been included in his plea for a JV, which makes me feel 'how commercial' it actually holds?
As you say, it's down to the BoD to get their fingers out and get on with the job, but I think like a few of us, they are getting old and perhaps wonder whether or not it's all worth the aggro'. If Fencemaker is that good, why don't they sub-let the Mine with permission from the owners. Mind you, if it was worth subletting, there would have been much more interest in the Mine which still begs the question, overall, is it really worth it. Miner's should have been all over it if it were any good. I know they were back in 1922 and on a couple of occasions until the 1980s when it was decided that it was probably too costly to carry on. This may be why it's been virtually dormant since until Stockpile blasted a few tonnes of low grade Ant. Ore which is still languishing somewhere in all those tatty sacks!
You give the impression that the principle players (BoD) are close to the point where even the potential of Fencemaker is proving very elusive due to the overall lack of interest from outside sponsors. Despite this, earlier on, it was said the Congress were going to offer support for Antimony Mining to Miners who had the Mineral but not sufficient funds to carry out it's extraction. The issue there is the, 'what's in it for us' and if there's little value and too much cost to get it out, there won't be any funding and nothing for those who stump up the assistance?
Personally, I can only see this plodding on as it is unless they can get out of the Gray Market. If they can get those Accounts dealt with enough to satisfy the OTC, they will then go back to normal share trading. Couple this with some good news about Fencemaker to come simultaneously (even if they don't intend to carry it out), will still see the share price Rocket to hundreds of percent. Perhaps then, people will be able to cut their losses and get out. Not much point in hanging on after that as it will all fall flat again once the impetus passes?
Pull the other leg, it has Antimony inclusion Bells on it!!!!
I have no servant....I don't need one. I have a private accountant, that's all.
By now, you and most other guys should have worked out why nothing gets done here, so I will Bullet Point it for you (again).
. The Bod are just out for the money. They've had it so they have gotten lazy.
. They know there's no way out of this massive debt, so they will hang on a while, then throw in the towel. In fact, they may have already done it but the Shareholder is always the last to know?
. Forget Mining. There's no money. The old ore stockpiled is of low yield, therefore not worth the hassle and cost of processing it.
. Fencemaker is 'mined out' and too costly to delve into...not even for other Miners.
. Nobody is interested in Sponsoring FLPC, nor loaning money for a 'Pig in a Poke'.
. Lack of Comm's on their Website shows a lack of interest by the Board.
. No accounts supplied on time. Now FOUR years without notifying Shareholders of their TRUE Financial position, hence there's no or negligible shares trading (Gray Market, VAST risk).
. It actually begs the question whether Heaton's have even started their accounts or barely got half way through because of disputes about a couple of transactions, hence there's probably an impasse and will stay that way?
. Forget this company. It's finished...no money, no business. DEAD!
. There is no information anywhere to even remotely suggest they will ever Mine, just hear-say and this won't attract any investor, especially now they've been 'banished' to the 'Grays'.
Can't make it any clearer than that. There's too much going against them, but most remainer's here should be bright enough to have worked it out by now?
HAPPY NEW YEAR. Good luck to Trump....he's going to need it. Our PM is useless and will be kicked out of her position very soon!! In fact, most of our politician's don't know what they are doing, hence the mess we are in!!
Drop Bob Reynolds a line, ask him what's going on. See if he replies. They may be there or they have just pulled the shutters down?
SILVE:
Refer to my post 72051. It confirms exactly what I said. Here is the large buy, and very soon you may get a huge drop, possibly a similar amount, so yes, manipulation is very possible. It's NOT based on news as there is none, so somebody is playing around?
If this is a trend, don't buy until it crashes again on the anticipation of another '900%' rise, but you'd have to be quick to sell otherwise 'Blink' and you'll miss it! lol.
Nobody know's where they are heading, but I am fairly sure which way FLPC is going!
Charts are HISTORY, not the future. Unless you have PROOF that this is a good investment, it's a bad move.
Have you been watching FLPC over the last few years, they have offered nothing of any consequence with no sales and NO profit for the potential investor, plus they have no cash as everyone is aware, so investing in a company with no future and no salient business plan is foolhardy.
Still, your money, your choice. If it were a wise investment, the chart would be way higher than it is now.
Here is my graph:
______________________________________________________________________:((
This clearly shows FLPC's overall progress, sales and Mining since the start of the business and the amount of profit they have made. The graph below is based on news and likelihood of them MIning and turning a profit. This graph reflects opinions of some of the Shareholders:
____/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\_/\________!
The graph below this one represents communications form the FLPC BoD and the certainty that their Filings are being dealt with ready for public release and also suggests they will Mine again:
It's very accurate! lol!
????????????????????????????????????????____________!
They haven't yet, so the Forces of Evil may be winning!!!
Correct. No evidence of FLPC manipulation, just a 'trend' but two drops of an identical value seems rather erroneous?
Who I am doesn't matter, no more than anyone else here matter's to me.
My claims are most certainly not baseless as ECHO will verify. I am most certainly NOT 'one of us', which begs the question, why on Earth would I want to be when a company is in such a poor position. I would be ashamed of buying shares here as it would prove that my research was inadequate and short sighted when all along, FLPC was spinning you all a yarn?
I'm here to see whether or not FLPC proves what I have been saying all along, they will NEVER Mine to profit or even close. If they DO re-open Fencemaker...which IS possible, it will be a question of for how long, but most of all, they need FUNDING, and nobody is prepared to give it to a company with such a poor track record....are they?
This is MY opinion and this Forum is open to one and all. Even FLPC's disclaimer states that Opinions are what they are and should not be construed as advice, etc. I'm stating my views as you guys are, but I reckon mine are more accurate about how FLPC has managed to 'manipulate' the Shareholder's, and very successfully....up to now!!
Refer to silve, It was his suggestion...READ his post!!!
It IS possible, and it's also possible the FLPC are considering becoming a Mining Company too, but very unlikely, although a Hemp Farm is also darn sight better proposition than Mining.
a. Cheaper.
b. More profitable
c. Plenty of customers...forever.
d. Not so daft after all, is it? LMAO
It's possible the FLPC CEOs are trading this stock. The 90% drop is the same as the other day. Don't forget the Gray market throws up many surprises, and generally, not for the better. As I mentioned, there is no Regulation and anyone who is linked directly to this market can do what they like.
There is no actual evidence the CEO is causing this stock to 'crash'. However, if they are trading it down deliberately to a lower price in order to generate interest, what could happen is that they or anyone (they know) can re-buy a few Million shares to artificially inflate the SP so they can try to capitalise on it quickly. Therefore, if this is happening, watch out for a huge buy followed by yet another large sale, but perhaps not immediately. Don't forget, the BoD have many millions of shares, so they will want the best return they can get before they quit FLPC altogether and what better way than play with the share price in order to trade it PROVIDING each trade is viable, but they know it will be?
The amount of public interest has waned so much, there are just a 'handful' of Shareholders left. I know this because as the BoD has been dragging their heels for years, nobody will buy because there's nothing AT ALL in the pipeline to encourage buyer's and no certainty. If there is, they'd better start issuing a Public Notice or two. If they don't, then the BoD have become a victim of their own failure, but I reckon they've already had their cut and could now be trying for one last ditch attempt to get a little bit more by fair means or foul?
You have to remember this BoD is NOT silly, they are seasoned business men and each step is meticulously planned long before they make their very careful move. This company has been, in many people's opinion, deliberately steered into its current position. You can see this by the abject disregard for the shareholder's and all the money they've fed into FLPC knowing the company will ultimately collapse altogether. In fact, it pretty much has already...it's obvious. Only the BoD has done well. After all, that was their intention from the start?
It's full of them, everywhere you go, OTC, GRAY, UK AIM, it's just full of devissive CEOs that couldn't give a damn about the shareholders, AFTER they have what they want. They won't tell you anything, but the CEOs are Insider Traders and acting through go-betweens so they can get a taste of the action without being 'guilty'?
If you are not going to trade the Gray Market, I wouldn't bother trying to understand it. It's so full of ambiguities, highly risky far more than FLPC. Not only that, being unregulated, the shares can exchange hands as 'near' Insider Trading, so the movement of this Market is so dodgy and unpredictable, that nobody will have much of a clue as to why the Share dipped 90% except the MMs?
I would seriously steer clear of it and wait until the Devil you know returns to the OTC. At least you can track what's going on...within reason?
(Woot woot woot!) lol.
One step forward and two back!
Perhaps the party should be held in the Mine, draped in pretty Christmas lights with tassles hanging down from the entrance. Who would host it...none other than Bob & Don! They could fund it from their own pockets, and probably turn the water into wine...at least they would say they could, but probably wouldn't get round to doing it, only writing about it and referring to their disclaimer!? LOL
So, now you know. Read into it what you will. From what I can see, Bob is playing the Time Tactic again, but please make your own judgement.
He's alive!! Here is a reply!
Good Morning XXXXX
Trust you had a good holiday weekend and you enjoyed your Thanksgiving Day with your family and friends.
As you know First Liberty Power is involved in a small mining venture in Nevada and the company did assist in getting the Fencemaker Mine properly secured and initial mining completed.
Moreover, First Liberty Power Corp was a not the major shareholder or operator of the mining venture in 2014.
Beginning in 2015, the company has worked on that in addition to other environmental and government regulations that the original operators left when FLPC acquired Stockpile Reserves LLC.
Presently, the company management team is working on several items, including the final concentrate processing of the ore that already has been mined.
CEO Nicholson and I did a visit to the mill site and had a two-day meeting with the Mill owner and management team .
The mill is expected to schedule the processing of this ore material in the current quarter, if all goes according to the plan.
If that event does occur and once the mill operation has been completed, the company will now have the actual concentration levels of the previous mine ore and other mineral results.
The management team also reviewed the Fencemaker mine site on the trip and the regulator process needed to reopen the mining operation was discussed at length.
Expectations are most likely spring time next year.
Again, the timelines for this venture continue to have adjustments as the funding requirements for every step have to be secured from the management team.
As for the OTC listing, the company is re working the necessary information and filings to re-list in the pinks from the “gray” market. However, the time table for that is on a month to month bases. Optimistically the expects that the OTC item can be completed sometime in 2019. Again these are the management teams’ expectation looking forward based on the funding required to complete the operation.
Again, as summary, all funding for this mining venture continues to be supply by the management team and the use of the monthly contributions are influence by the monthly challenges which influences the speed of getting items completed. Management, since 2015, has remain committed though all the challenges on reopening the mine and getting a concentrated milling operation for the ore.
As for you questions, we go to VM on our local and 800 numbers so we do not miss any calls. I have personally tested both numbers and just today, left a return message with a phone number. We also are in contact with numerous shareholders on weekly and monthly bases that contact the company via IR email and/or leave a VM to call them with an update.
As always, if you would like to speak in person, please feel free to give me the best time to reach out to you and your phone number.
Sir, this mining venture has been challenging to all investors, shareholders and the management team, however, the management team continues to address the many issues that the company faces as it works to make this a successful venture.
The management team would like to wish you and your family a happy and health holiday season.
Best Regards,
RJB: I think they need to be fair with every Shareholder as those invested own part of the business, so unless it's price sensitive information, there is no reason why a brief note on the FLPC website cannot be placed to give you all some idea what is going on. It is easy to do and would take ten minutes to post the short statement.
If no Phone calls or email's are being answered, it points to one thing. Disconnection from the Telecom's & Internet Server. If you have a good memory, you may recall that FLPC didn't pay their Internet bill a few years ago. If it goes through the same one line, they may not have paid the bill. That's the simplest, most obvious reason. However, it may not be anything to do with it, but just a logical guess?
I wrote a brief note to Bob a little while ago posing the same question. because I am not 'Local', if you have the Phone Number to the Office, which I'm sure you do, ask your Phone Operator to do a line test and see if it's still active and taking calls. If it disconnected, they will tell you. That then, will speak volumes.
Try it, then place the response on the Forum. A simple task?
Cheers.
A very good and realistic post from RJB. It backs up my claim of the BoD not answering e-mail's, or at least MOST e-mail's.
We all agree that Antimony is in Fencemaker, and it is no doubt in commercially viable amounts. However, it will only be commercially viable if it can be extracted at 'low cost' to maintain the claim of viability.
As FM has been Mined heavily since 1922, the 'viable' quantities are going to be very deep down, so unless methods are available to get at it 'quickly', efficiently AND economically, the chances are it will remain there?
As yet, and being realistic, the cost to get at it will not be cheap. 'Cheap' doesn't have any place in the Mining vocabulary. In addition, by now and over the last 5 years or so, another Mining company would have picked up on it and joined the game. Anyone can tell themselves the reason which they haven't. Simply,...COST, and based on the 1000 Tons Mined by Stockpile, just a few percent will not justify thousands of Dollars...ONGOING...for meagre amounts. Had they processed this lot first, they may be able to have sufficient cash that MAY go some way to make a few detonations. However, if is is only JUST viable to process it but not Mine, the proceeds of any sale at all will end up in the same place as most of the Millions they originally had!
This loose change will probably not be enough to Hire Plant, so as RJB rightly states, the BoD need to communicate with the Shareholder's and offer genuine and honest information about the predicament of the company as it is, and what they ACCURATELY propose to do...AND do it!
There is no reasonable reason why all of a sudden, they are ignoring Shareholder's e-mail's. No excuse to withhold comm's for all this time. Is the office open (?) If they can't, they should ask someone else to e-mail a standard letter, pre written and send it out as a communique.
RJB, perhaps you can phone the office, if there's no reply, you may need to contact the Telecoms company to see if the Line is still active. More often than not (in the UK), the phone will offer a courtesy ring tone even if nobody is there to answer?
Shareholder's tally will vary every day with a few Buyers/Sellers. SILVE claims 48 now, so perhaps it is, and tomorrow it will be an increase or reduction as those who choose to stay will, and some may not?
48 Shareholder's includes two Director's, so 46 Shareholder's who have little or no say. The BoD just dish out BS in the hope they will believe them, but that's par for the course with them. You must have worked that out by now?!!
I have had replies from the BoD, but just recently, they've not replied to many or any Share Holder's...even via their 'Newsletter' which will be blank! They will not know whether me or a couple of my friends are Shareholder's or not. They have no way of knowing because they have insufficient data available...whatever ANYONE claims. They are not allowed to gain access to full names or any private share dealing details except names on e-mail's! DATA PROTECTION.
Dilatory BoD.
I think you've donated enough, Silve. They spent it, probably on Booze! lol
I would go, but it's not very local for me and much quicker to e-mail them...if they even bother to reply. So far, nobody has had a response from the office anyway, as they would have almost certainly mentioned it on this Forum, at least in the last two weeks or so. Maybe the Office is closed for Holidays, or maybe the office Landlord has asked for the keys back again?!
The BoD wrote:
"As a result, the Company has taken the initiative to file a Form 15 with the SEC which is listed in Option C (below). This option is available to companies with fewer than 300 shareholders, or fewer than 500 shareholders and assets of less than $10 million. If a company meets either of these qualifications, they may file a Form 15 terminating its Exchange Act registration, ...."thereby relieving it of the Exchange Act reporting requirements".
What a surprise!
Below, you will see the achievements of FLPC for the good of the Shareholder's:
Correct, there's nothing there!
Many Investors who believe they will Mine again, are still taking tablets!!
The clock is ticking for FLPC, it's at 11.55 and not long to go before they quit. I would expect Heaton has already told them they are on a hiding to nothing?
FLPC won't go back to normal trading, only on the Gray Market which is much to risky. They can 'collect' anytime they think fit...just like before!
There is nothing to say they will which is much more important! I'm sure the existing share holder's would like to see the evidence YOU claim they will Mine AND finish the Filings, which they now don't need to.
The BoD are not to be trusted to their word, especially when they said the Filings would be completed by April...no such luck. More Porkies.
Hundreds of shareholder's that have fled will condemn FLPC for alleged improper use of there money.
With barely 30 Shareholder's, any smart investor's have seen the light (but not on a Miner's hat!), and fled about as fast as Road Runner...Meep meep!
'Plans are being made' Oh, really. Who said and where's the plans for ALL the Shareholder's to see. There's NO PROOF or EVIDENCE to back up your claim at all.
You are fighting a losing battle, and without cash or proof of a REAL Mining plan with infrastructure, it's dead in the water...floating face down.
Proof DOESN'T come from FLPC, the Company has no money + $Millions DEBT. They never said they will Mine, it was always only POTENTIAL. IF they haven't Mined since 2011, they certainly won't now!
The Mine is not viable, if it was, Miner's would be all over it, but they KNOW the Value of Ore extracted by STOCKPILE is almost worthless to the point of not bothering to process it.
FLPC is done for... KAPUT, but FLPC won't tell you that but it's SO obvious that their 7 years or so Mining Plan was doomed to fail YEARS ago when they mismanaged shareholder's Investments which Borderline crooked. Why do you think they are broke and where do you think Millions went, because it certainly wasn't Mining!!
They've blown it all...on what? Frivolous trips and 'tens of thousands of Dollars on so-called 'Consultancy Fees' to DON the CON...and to what ends... lining their pockets...it's visible in the OLD Filings. What a way to lose cash...'Consultancy', it's all ONE BIG FIDDLE...start to almost finish! LOL
ELVIS: IF you believe that FLPC are going to Mine with no money, it is YOU that is deluded and are too short sighted to register simple commonsense into a defunked company.
There are no plans for anyone to see that PROVES they will Mine. Furthermore, there are no facts or Figure's available for public viewing, due to their abject failure to operate an efficient company for those who paid their wages. A shocking performance run by Rascals.
DJXRAY.
If you look online it may well show up on the 'Net. If it does, someone may pick up on it. It doesn't even have to be true!! Give it time and the Share price could go up! lol. Half of what the BoD has written hasn't happened anyway, so no harm in adding to the 'Story'!
First Liberty Power Corp are alleged to be in talks with a new Sponsor to assist with their Mining Program to extract Antimony Ore from their Fencemaker Mine. Following talks with their possible JV, FLPC could restart Mining within Six Months if all goes according to plan?
djxray33
This of course is old news now and the Ore has (at long last) been removed from Jerry Whites land, as per the editorial, although he and his wife were complaining about the fact that the mess had not all been clean up and the 'Slag' was likely to contaminate the water.
The Or has been moved to an unknown (?) location and ready for processing, so the claim is. IT won't happen, it's been lying around since at least 2013!
The Share price may be appealing, but it will only work if the company gets their finger out and does what the Website suggests, and that's MINE. Problem is, there's no money, they are heavily debt laden and they have no sponsor's to assist their 'Mining program'. If they find a Sponsor and it could be a fictitious Sponsor to pretend they will lend them money, it could be written about over many weeks whilst the share price rises and rises on 'News'. However, once all the noise has been made and the SP has peaked and you all make money, then the fictitious Sponsor can back off.
All one has to do is write ONE line on here which will go out on the net for all to see....watch, then seek out the sentence online....:)
Of course they do and plenty of them!
https://guides.library.harvard.edu/c.php?g=309935&p=2070224
Case No. is Si.71909/lve and can be found under "FLPC Administrative Scam No. 0001 in the Delinquent Filings pages of the OTC.
PS. Your User name is an Anagram of ELVIS LOL! Don't eat too many Burgers!
Oh, that's why there are about 30 Investor's left on the FLPC records! Some Turkeys are managing to evade the Chop.
Preparations will obviously not be within the Public domain in case of Jeopardising the evidence, but some things are known. I do Believe there is a Tribunal being set up, which will be an 'Automonous' Court. The judge, the Jury and the prosecution will be Bob, Don and William Voaden. The plea will be "NOT GUILTY, Your Honour" and will be dismissed through lack of evidence by those in the Jury who will be experts in Musical Chairs and useless in cross examination! PMSL.
Court costs will be paid in cash from the business and the Jury attendance fees will be $hundreds plus expenses, not to talk of Legal Fees to assess the case which will run into $$Thousands, also prepared by an 'Automonous' Legal Representative and consultant of FLPC (before being called upon to give evidence) who in fact is none other than acting Attorney, William Voaden!
Some say that it could be a Scam?