Fencemaker was very viable. It was Mined in the 1920s and the 1980s, but I think if it were viable now, Mining companies would have snapped up the Lease by now?
I realise modern Techniques are very good, but it's costly. The amount of money required to carry out a proper viable Mining program is way above FLPC's depleted budget. Money was available a long time ago, but they never Mined. If you recall, they could have started with the $200,000 funding they were supposed to have received, but they'd never discuss it. Then that money disappeared.
All that's left is the Office, some Ore somewhere, No SEC lifting of the Block and still no Filings. It must be 6 years now. You are correct, they probably won't Mine They never did! It was Stockpile Reserves?
News 
Market Data 
Discover 
