InvestorsHub Logo
Followers 9
Posts 1473
Boards Moderated 0
Alias Born 11/17/2014

Re: None

Monday, 07/20/2015 10:12:34 AM

Monday, July 20, 2015 10:12:34 AM

Post# of 72908
I think BeWary is correct about the Antimony being pre-mined and left behind by the predecessors. As far as I can see, and if you back-track through SEC Notices, FLPC never said they were actually extracting Antimony at any time. If this was the case, who was the company that did or were hired to do the drilling/blasting/bagging of said Ore. Who did they pay and where is a record of that payment if they actually paid them?

This 1000 bags is an exact figure. When mining, you don't stop at 1000!! it could 950, or 981 or even 1023. I have my doubts as to whether it even exists or even OWNED by FLPC.

"We have 1000 bags of Antimony in secure storage," doesn't actually mean they own it! They could be looking after it in a leased shed with a Padlock until the true owners decide what to do with it. This is conjecture only. Bob wrote to me and implied that we are waiting to assay the product to see what is worth processing and extracting, but at present, costs were too high to do anything with it. So there it stays. It is very possible that the "we have 1000 Bags" bit is quite so, but not in their OWN storage facility, but in secure storage owned by the guys who drilled it, but not released for processing until their work was paid for! Effectively, it is inaccessible to FLPC. Maybe!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.