Grolden:
It's more a question of viability rather than ownership.
Owning a Mine is all very well, but you still have to get it 'proven' to be worth while to re-Mine. Fencemeker has succeeded twice as you know, so the next step would be to get someone in to give it further appraisal to see if it will continue as a deeper fully functional Antimony Mine, but they will have to go a very long way down to extract the goods.
This could happen if they apply for Government assistance, so if, as and when they accept the application, the next step will be funding if the US Gov. thinks it's worth it, so we shall see. If it's as good as some shareholder's say, there should be no problem getting the cash!
On the several occasions I have been in touch with Bob, mostly since the start of their "Restructure", he did suggest that the success of FLPC was largely to do with searching for a JV to make the company really work for it's shareholder's. Up to a short while ago, they hadn't achieved this but were still trying. The Gov. scheme could just clinch the deal in the medium term.
I keep all my e-mail's from Bob, so any success will come from a partner rather than just a Permit update on it's own.
Watch this space and we'll see how it unfolds. At last they have gotten their finger out and making inroads towards making it work.
