We believe that this transaction is the final step to the ultimate realization of a monetary return for your investment. It may take several months and even more than a year to realize that return in full. Whatever the case, the return will be well worth the wait if you are a believer in the price of Gold maintaining its price in excess of US$900/oz over that time period. The majority shareholders of Fortress are long term investors that have invested their money in the Company for the ultimate return to be realized from the eventual disposal of the gold interests. The idea that somehow the majority investors have benefited from the sales of Fortress shares of common stock at a huge discount to the anticipated value of this return is ludicrous and our shareholders should completely disregard any speculation that suggests otherwise.
GOLD HOLDING way above $900/OZ! :-)
SPOT MARKET IS OPEN
closes in 5 hrs. 7 mins.
Oct 27, 2010 12:08 NY Time
Bid/Ask 1322.60 - 1323.60
Low/High 1318.20 - 1345.40
That is your opinion and you really shouldn't wish that to happen, Alien. There are 1000s of FFGO shareholders heavily invested here and FFGO's success will help A LOT of people.
V