Replies to post #70411 on First Liberty Power (fka FLPC)

[RJB225]

And it's very possible someone buys today a statement of the updated financials comes out the share price goes up ten fold they sell and it was a good deal for them. That's how it goes all timing. Whether FLPC ever makes it as the only operating Antimony mine in the U.S. is a fair question yet someone will make money trading FLPC and thats why we are all here anyway. I am happy to continue to wait because I feel the BoD will get us current and will actually mine again. I don't know the long term outcome of FLPC's business plan but I believe I will make money here again and thats trading in the U.S. OTC. Timing is everything on the OTC or any market for that matter and it would appear you may just be on the wrong side of it. Good luck to you as well.

[Labradorite]

FLPC is up huge from earlier this year. .0002 and now maintaing between .0007 and .0009.
If you've been holding for the last couple of years, you're doing pretty well here.

[CaveatEmperor]

You could try averaging down but it's still very high risk if it all goes Pear shaped. With FLPC you just cannot tell what will happen, but based on their poor financial situation over the last few years, the risk of them folding is far greater than the chance of them Mining again.

Nobody was to know what would happen from inception. With all the best will in the world, you paid your money on the basis of FLPC's 'sales pitch', but of course, they do point out the pitfalls, just in case.

I too, have been 'caught out', not once but several times, and it leaves a bitter taste, so averaging down could compound an already bad situation, but then again, they could announce news that will put everyone right again. I nearly bought in here a few years ago, but after researching the company, well.....you know the rest! The risk is much too high, but if they had a good proven track record, things may have been different.

I wouldn't invest in any company that couldn't run a pi$$ up in a Brewery! VGLA.