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

Re: None

Wednesday, 05/17/2017 12:57:58 PM

Wednesday, May 17, 2017 12:57:58 PM

Post# of 72908
RJB: My 'Intake' of Investor bashing is Nil. My 'Output' to this Public Forum is not actually bashing but opinion. Call it what you will, but as far as FLPC is concerned, you may be quite correct literally in your assumption of them 'turning a Dime'. This should have been done YEARS ago, so if they haven't done it by now, the chances are, they never will. Yet still people throw money into the pit.

The BoD of FLPC are 99.9% lackadaisical in their approach to the way the conduct their business. They are not remotely interested in their Shareholder's, if they were, they would communicate more and issue updates to try to generate more interest/Investment in your company.

With regard to the The METALS Act which will provide funding for a return to mining, it is VERY unlikely that your present Government will entertain funding for a virtually defunked Mine which has been 'Mined Out'. If they weigh up the cost against potential return, they will walk away. Don't you think that in the 7 odd years FLPC has had control of Fencemaker, and there was significant value still there, the Mining Fraternity would have been all over it like a nasty rash YEARS ago.

It's not just High Risk, but "its worse than that, Jim". You may as well set fire to Dollar Bills because at least you can feel your fingers getting burned rather than metaphorically!

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.