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Re: badge792 post# 24228

Wednesday, 03/19/2014 10:36:03 AM

Wednesday, March 19, 2014 10:36:03 AM

Post# of 26631
I am of the opinion that we are beyond the ''point of no return'',and any ''deal'' that does not call a halt to this debacle only enables Fifer to continue status quo until the coffers run dry.

Since we already know this is a marginal grade ore body of limited proportions,chances that it will ever be profitable are questionable, and more so being run the way it is.

That leaves only ONE OPTION -for Fifer to pick up ANOTHER abandoned piece of moose pasture for a song and convince naive shareholders to buy it from him at a huge profit,paid for with more equity fiancing[a finders fee will be paid]and resulting in even MORE dilution.

nope-the HANDWRITING is on the wall-the MARKET recognised it but a lot of naive glassy eyed shareholders REFUSED to see it INSPITE of what the shareprice was telling them[check the chart]and please don't blather on about the ''whole sector''-that has been moving back up-what is PTQ doing?...
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