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ratherbefishin

12/12/13 8:40 PM

#23028 RE: JustForFun7 #23027

FQ has time on their side-they don't NEED PTQ's land yet,so why rush in and pay a thin dime more than they have to ?All they need to do is sit back in the weeds and wait for the banks to forclose and then do a deal directly with the bank for back interest owing.I wouldn't be a bit surprised to find out FQ is ALREADY talking to the bank ...The faithful can jump up and down all they want and say we ''won't settle for a penny less ''but fact is we're just along for the ride now....
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investor20501

12/13/13 4:36 AM

#23036 RE: JustForFun7 #23027

the share price was holding 40 in the hopes that something would happen deal-wise before Xmas. As hope of that faded, the share price continued to slip. Now that FQM has had their meeting and it is pretty clear that there is no deal until the new year (if one is happening at all). The share price should return to the 30 cent area and could be lower if POG continues to fall and breaks 1200.



.30 is way to high when hopes end here. No deal, no future. no money for ptq, poorest production ever, sinking gold price, problems with payment, etc . If not a miracle will happen, the years support between .28- .30 will break soon. I don’t see any reason for it to trade above. The SP had have enough "hopes" to stay above .30. This will end soon. More dilution, more frustration.

Sell as long as you can and buy back in the area between .15-.20 just MHO