InvestorsHub Logo

Bobwins

01/06/10 11:22 AM

#17776 RE: kipp440 #17772

FVI.v/FVITF.pk +.12 to C$2.60 This is another good sign from mgmt that they don't want to dilute shareholders, including themselves. FVI now has over 30million in cash and now a 20million dollar credit facility. I think construction was estimated in the $40million range. The 2.5 year maturity should give them plenty of time to complete San Jose and get it running.

Construction should start by mid year with production in 2012.

I think Management is the strength of this company.

Bobwins