Whatever people say here about answers from the BoD, they won't tell you anything apart from what they want you to hear. There are no FACTS or PROOF that have ever been stated by the Board that FLPC WILL Mine again. The BOD play on words BUT NOT FACTS. They only offer proposals and 'what if's'. They have no tangible asests worth anything...even Fencemaker has been 'Played out'.
So, big deal, they have Mining Permits and own the right to Mine at FM. If it was worth anything at all, they would have sold the rights to someone who will Mine it. So why aren't Miner's falling over themselve's to Mine Fencemaker? Answer: because it is no longer a viable Mine against the cost to continue to Mine it. The risk outweighs the return which is why KNOWLEDGEABLE Mining company's have steered clear and are concentrating on projects that DO make money.
The MAIN FACT here is that the BoD continue to fob shareholder's off year after year without ever achieving ANY results. I still stand by word of Bleeding the Shareholder's dry of almost 'every' Dime they have invested, and it still begs the question WHERE IS THE MILLIONS that was invested? They bought nothing of any significance, they Mined some Rock which is virtually worthless, they've left a mess on Jerry Whyte's land, they only paid them because Nevada4news took out an Editorial which prompted them to cough up. They had NO MILL, even though they made big thing out of it. All they have is a few pieces of paper that expire in just over two years to say they can Mine.
Let's look at the REAL FACTS again: No sales, No profit, Toxic Debt, One less Director, No Mill, no Full processing of Ore, Zero Antimony extraction for resale, No significant cash, No Filings available for THREE YEARS, TWO MORE years of Outstanding Filings, huge Debt still outstanding to Creditors, Tacky Movies with the same Actor's to try to make out they are going down into a Mine when there's no ruts in the ground from activity. The claim they've been putting their 'own money' into the company. Rubbish, it's come from the Shareholders investment, No JV interest and a long declining Share Graph line which says it all.
Surprisingly, people STILL throw money into the BoD's hands without really realising where it's all gone! If it's been used wisely, where is the TANGIBLE PROOF the Money has been used to Further the benefit to the Shareholder. There is none as the only money that's ever been made here is purely on hype and trading on same. NO MONEY has ever been made as a result of actual actual Mining...HARD FACT.
Whatever Millions there was, has been NEVER been used to favour the Shareholder, only to the BoD's own ends, if not, where is it and the PROOF it was used wisely? If it even show's in the Filings, you won't see those this side of Xmas...GUARANTEED. Just 6 weeks to go.
FLPC is still dead in the water and once all the Filing's have been made public, the BoD may choose to call it a day?
