Has all this taken longer than expected? Sure. I am probably as impatient as the next guy.
But what to do? Liquidate a position cause it's taking longer than expected? Apparently, some are and have been.
The first shares I bought were on the open market, I believe at 68 cents a piece. I bought and sold some shares since then, but now my average cost is over $2.00 per share.
Early on there were private placement offerings for 50 cents and 70 cents per share... these progressed quickly to $1.50 and $2.00 per share.
Most of the properties we acquired we were brought in at $2.00 per share. Realized, these are folks that are in for the long haul. The only way they will see value and profit realized from their hard assets... properties is if Fortem Resources develops them, and makes them collectively profitable.
What will it take for that to happen... here go again... we need someone(s) somewhere to step up and provide financing for the company. Once this happens, the business plan can happen. Once the business plan happens, the revenues will be generated and eventually profits. When that happens, we will become a buy-out candidate for Junior or Big Oil ... and we as shareholders will realize the gain of the appreciated value of properties.
Watch for opportunities with those you trust.
