Replies to post #47241 on First Liberty Power (fka FLPC)

[KDK]

FWIW Small Mine Development shows Fencemaker "in progress" on their website. I think there is a gap to fill that is below 1 cent, I don't give a rats azz anymore or I would find it

[jjphillips]

As best as I can tell from the filings, as of January 31st, the only ore they had was the 500MT they told us about in December. They had no stock pile inventories in their filing. All they had was $186k in work in progress inventory.

500MT at around 4% sb is approx 36MT at 55% sb.

36MT at 55% would have to go for about $5200 per MT to get the the $186K, which is within market prices at that time IMO.

As some on here have discovered, mining was clear to resume sometime in Feb/March. If mining did resume, I would expect another 500-1000MT of stockpile inventory.

If I recall, they stated on FB at one point that they prefer to discuss inventory levels in the quarterly filings, so we may not know what is going on for two more months.