Here is a little bit of history on FLPC. Back in 2012-2014, FLPC was all the rage. Their Fencemaker mine was producing raw antimony ore and they were getting ready to build a mill to process it. They also had a couple of other lithium based mines that they had plans for. With all the excitement, FLPC went as high as .08 in November of 2013. Then there was some dilution and things seemed to fall apart. In response the stock price crashed all the way down to .0001 and the company went dormant for the past two years.
All of a sudden a few weeks ago, after two years of being silent, the company issued an 8k and also left this message on their website stating that they are working on getting compliant with filings and that they've maintained their mining permits over this time. They also promised more updates coming this summer. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132150053
Things that seem clear to me are that #1 there is real infrastructure here, Fencemaker definitely exists and there is a pile of ore already mined and waiting to be processed. #2 Antimony is rare and much sought after resource and prices keep rising. There is only one other Antimony mine in the US so there is a huge market for this. #3 Something is going on to motivate Bob and Don to get things moving again. According to the message from Bob, they are investing 300K of their own money to help get things up and running. # Many of us who were around back in 2013 know how well FLPC can run and are very excited that a company we thought was dead an buried has new life.
Psar flipped to a bullish buy position as the 100/200 crosses...upper bollie breakout setting up here...think we see 003 and a retrace as we create a new base...great support bounce off the 50ma...
Post is pretty much self explanatory is it not...should answer your questions...
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