That is... on a day in August where the shares traded for $0.003 to $0.004... then showing a 20 to 40% loss on shares bought at $0.005 in the prior week... but then it traded over 3 million shares on August 31 and moved up to a penny...
Amazing what happens when people either aren't paying close attention or are paying attention to the wrong things, huh ?
So, what do you think... how much of the share price now is based on the gold potential in the prospects they're FINALLY getting ready to put out the 43-101 on, and how much is based on owning 25% of 3.5 to 20+ trillion cubic feet of natural gas ready to be developed in south east asia ?
Might be interesting to compare the trading patterns in FEC and FECOF and see what deviations are apparent...
Philex IS a gold mining company... and we know they HAVE already bought out their other gold mining holdings and made them into wholly owned subsidiaries...
It likely will still take some bit of time for the 43-101 to come out, but I doubt the Philex guys are clueless about what it will show...
Was the meaning of the Q4 reference describing an expected release within the remaining calendar year or before the end of the company fiscal year... ???
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