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Re: CaveatEmperor post# 70996

Thursday, 04/12/2018 9:33:38 AM

Thursday, April 12, 2018 9:33:38 AM

Post# of 72901
The reason FLPC is an investment worth considering IMO is that FLPC has perhaps the best opportunity in the near future to open and operate a Antimony mine in the United States. If FLPC can secure funding to operate Fencemaker then it puts the Company and it's investors in a very unique position as the only true Antimony mine in the U.S. There is no question that a domestic source of Antimony would benefit both private industry and the U.S. government. H.R. Bill 1407 introduced (2017) states a clear interest in securing a domestic source of all types of rare earths including Antimony. I am speculating that once FLPC posts it's updated financials that the search for funding will be a much easier task. We must also remember all the ground work that was completed in the years 2012 to 2014 in which FLPC had the Fencemaker mine surveyed and test drilled core samples for the presence of Antimony. The test drilling proved the presence of Antimony in concentrations to make it viable for commercial mining. In fact Fencemaker was mined very briefly by FLPC or as you like to say it's subsidiary Stockpile Reserves LLC and Antimony ore was recovered. The early missteps of FLPC a Junior mining company are somewhat expected and after a rather long restructuring the Company is about to make a serious second attempt at getting it right. FLPC currently trades at a very low valuation because it's a highly speculative investment and that is why most of us are here.

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