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Friday, 01/29/2010 4:18:41 PM

Friday, January 29, 2010 4:18:41 PM

Post# of 9931
Firstgold corp(FGOC),a junior gold producer located in Nevada announced they were declaring Ch 11 today-what I found remarkable is the statement that they intend to maximize value to the "SHAREHOLDERS" in their P.R.-not something you see very often in a company about to get it's "Q" Apparently they had this nice deal set up with the Chinese,but the Obama-ites squashed it because the mine is close to a military air base.I think it is in retaliation for the Chinese policy of forbidding the export of mining products from China. Stay tuned,this one may get interesting,as they are actually producing gold and seem to have a nice setup

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