With FLPC, yes, they were willing to Mine on the property, but they never put their money where their mouth was because they never had the money to splash out on the logistics, so they played the game with words right from the start. It was clear that was their sole intention?
Despite putting up a website asking for sponsors, nobody was forthcoming, mainly due for the lack of viability and the amount of effort and cost to extract low yield minerals. Also, any sponsors would have wanted to assess the business plan and projection based on...well not a lot!! It would never have been profitable. Also Silver Bell ( as I was told), was 'conned' into signing a worthless and ambiguous contract. FLPC knew what they were doing, but because the Attorney was worse than useless, it was passed without properly dissecting the Ts & Cs...not the fault of Silver Bell, although it appeared there was a degree of naivety about the owners?
When it came to taking action against the Lawyer for his lack of professionalism but he died so no case to answer.
About two years ago, Silver Bell was approached by FLPC for a new contract but were refused a renewal...at any price as S.B were in the process of talks with alternative businesses...so they said, but was all put on hold due to the Pandemic. S. B has other major plans for the area and VERY ambitious. Although I cannot say what the plan is or was, it's unlikely it will come of anything as it was rather pie in the sky.
The problem with the two sides is mainly ethics, and S. B knows how FLPC worked before they moved on to X2M, and based on that, S.B didn't want them on their land, and a renewal contract was declined. However, that was two years ago, so maybe it's changed....money talks, but maybe things have or will change in time but unlikely...not with FLPC but X2M?
As you may know, X2M was using the same region to promote their new business, (shown in the topography from their web site), but bearing in mind their apparent lack of finances, X2M will be a very similar set up to FLPC, but with new Staff apart from Don and Bob, so what weight and strings they will pull remains to be seen.
FLPC only exist by name, nothing else, so I'm watching X2M to what plans they announce over the coming months and years?
If FLPC had proved a reliable and honest business from the start and did what they were supposed to rather than Bob writing variations of his worthless words, it COULD have been a viable share. It was clear from the first few years that it was a non-starter. There simply wasn't enough money to see it through. Two or three guys in a virtual office were never going anywhere anyway and they knew it.
Regards
CE.
