Replies to post #35596 on Freestone Resources Inc. (fka FSNR)

[Ubertino]

I bet if Johnston was selling used refrigerators to Eskimos, we'd all be lining up to invest.

He has that smell of success about him.

Or is it something else I smell?

My dog has no nose, you know.

[Dad4487]

This isn't the first time that money has joined freestone.
And it's not always intelligent to follow the money:
Those several of us who confer in the postings here of our reasons for investing in Freestone Resources (as stockholders) are very pleased with the joint venture announcement showing collaboration between Freestone and MEA Solutions, LLC, as described by the company here:
http://freestoneresourcesinc.com/blog/2011/10/11/freestone-resources-inc-announces-a-joint-venture-to-treat-and-recycle-frac-water/
And several other occasions I could post.
Is this new administration different?
Being quiet isn't any different than previous administration.
Hope you and all have a great memorial weekend.
Not just because it's a holiday, but remembering the cost.
Enjoy the family and friends

[tarballmonger]

New management can't atone for an unproven product with no market. The YUGE transport company that tried out some of the zene has had two months to see if it works or not and to determine how much they might pay for a bulk order. How much time you think they need to decide? fsnr has never demonstrated any marketing data that might indicate a feasible economic model. Two many unanswered questions from a company that has never had a success. Johnston and McGhan (you might want to double check your DD on that one) have not won on every gamble and boy is this a gamble. You are betting that they will continue to throw good money after bad to keep this pos afloat. GLTY but this jig may just be up.

As I suggested in a previous post, the decision Dynamis makes about exercising its warrants could be telling. At these prices they might be inclined to protect their investment but if they pass then I suggest the game is over beyond question. That would force Johnston to pour more bucks in to pay off the interest note that is due in 34 days!!! His heirs are starting to get nervous!!!