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Alias Born | 10/06/2005 |
Tuesday, January 27, 2009 3:57:02 PM
I expressed my frustration regarding share price. We spoke about this and he said, Franklin has absorbed "Taken it on the chin" the hard knocks of investors during the past year or so, just so it can position itself. I said great, but I told him so have the investors. I am personally down tens of thousands of dollars.
Escala: We spoke about this project. He reitterated how impressive the numbers are in the last P.R. and I had to agree. I restated my point as to how this will translate into value, i.e. increased shareprice. Like many of us, once the public sees a steady cash flow from this project we hope this will translate into shareholder value.
He also reiterrated that excess cash flow from Escala would be utilized for share re-purchase, nothing different than the prior P.R. stated.
GTL: I specifically asked if this project was dead. He indicated that it was not. The Argentine government is taking its time. He did say the province was very active in this project and cared a lot about it.
Other: I did not ask about Texas.
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