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Re: docshazam post# 21162

Thursday, 06/11/2009 12:56:03 PM

Thursday, June 11, 2009 12:56:03 PM

Post# of 30354
Docshazam I do try and look forward to the future and possibilities and not dwell in the past and in doing that I am very concerned that the president of FFI made the recent quoted statement reiterating the 3Q start of construction.

As most of us have known and you and doc 2 have again shown in your recent posts there is a considerable amount of work that needs to be done which would require a considerable amount of money to be spent in order to even start construction. This is one reason why start of construction would be such a big achievement and why I dwell on it.
In my opinion unless there has been a great deal going on in the background and a great deal of money being spent in the background a 3Q start of construction is not likely.

My concern with all this is that the president of FFI was recently quoted reiterating the “seeing a third quarter start of construction” which does not appear plausible in my opinion. A schedule itself slipping is not good but buildings and large scale projects often slip schedule and cost and if this happened based on year old information that would be one thing but that is not the case now. This information is new and week(s) old and quoted right from an email of the president of FFI.

In my opinion and the point I am trying to make here is that this statement brings the credibility and reliability of the recent statement the FFI president made into question. This will make me think twice before believing other statements in the future if it shows to be false. Keep in mind we are not talking about old out dated information here that may have changed due to unforeseen events.

What I said here may be premature and I do sincerely hope that construction does start in 3Q but if it does not this president will be looking very very bad to me. Lets keep a positive view on it though and have faith in the company and what its president states until we know different.

Will be keeping a close eye out here for those bulldozers to start moving dirt within about the next 100 days.

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