Thinman13: excellent post!:
[b....."One must acquire the verifiable resource first, which FLPC has done. The NI43-101 geologist's report is key here. That is the beginning of an arduous process. The choke point in almost all mining efforts is capitalization. Again, FLPC has overcome that hurdle, along with the regulatory hurdles. Once ore is actually pulled from the ground and the stockpile begins to grow, the game changes. We are days from that point. FLPC then becomes a junior mining company instead of just an exploration stage company. Private equity funding becomes MUCH more available because basically FLPC will have done most of the hard work by that point. The fundamental hard truth here is that this small mining company, FLPC has succeeded where many others have failed. They located a viable commodity with proven reserves, they acquired funding via convertible debt and have emerged intact on the other side, they ran the regulatory gauntlet and have been granted all permits from the BLM. Not only have they done these things but they have maintained open communication with shareholders and, unlike any other company I have ever seen in 20 years of trading, they have listened to shareholder concerns about increase of Authorized Shares and responded admirably.
These things are fact. They are reality. It is also reality that your average penny stock trader is so unaccustomed to honesty, success and transparency from a pinksheet company their minds refuse to grasp the truth. This is to our benefit. The opportunity is right there in front of anyone who is willing to open their eyes and their minds."
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