Fortress Financial Group fka FFGO

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V,

Did it say somewhere that NMGL is going to sell? I may have missed it but, I didn't read where they will sell it. I wonder if they might mine the gold and get some profits out of it. With the price of gold up it may make it a good move to mine the gold.

Posted by: Vianna Member Level Date: Thursday, August 12, 2010 6:06:20 PM
In reply to: LONGONYONG who wrote msg# 152319 Post # of 152378 Send a link via email Share on Facebook Tweet this post
MY OPINION

Long and ALL FFGOrs! That last 8K was "complex" to say the least. I'm new to dividends. I did not want to comment until I understood what is going on. Also, the Company will be clarifying on the website and I believe in an email what the 8K meant "exactly."

People are yelling SCAM and that is NOT the case. I don't care what anyone says. What it is not is instant cash in our accounts for .003427/share, but WE WILL GET CASH when the mines are sold! Did you read that? WE WILL GET CASH! NMGL will be selling the mines for cash and we will get the cash when they do. Preferred stock is being used to PROTECT FFGO shareholders.

I have NO PROBLEM with NMGL being the buyer. The disappointement for me and most is that we will not get "INSTANT" cash NOW, but I can wait. Also, "smart money" that understood what was filed today much better than I did may step in.

I won't be selling my shares until I qualify for the divy.

That's basically what I have to say and I feel MUCH BETTER NOW.

Best,
V