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ratherbefishin

03/19/14 10:36 AM

#24229 RE: badge792 #24228

I am of the opinion that we are beyond the point of no return,and any ''deal'' that does not call a halt to this debacle only enables Fifer to continue status quo until the coffers run dry.
Since we already know this is a marginal grade ore body of limited proportions,chances that it will ever be profitable are questionable, and more so being run the way it is.

That leaves only ONE OPTION -for Fifer to pick up ANOTHER abandoned piece of moose pasture for a song and convince naive shareholders to buy it from him at a huge profit,paid for with more equity fiancing[a finders fee will be paid]and resulting in even MORE dilution.

nope-the HANDWRITING is on the wall-the market problem is a lot of naive glassy eyed shareholders REFUSED to see it...
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ratherbefishin

03/19/14 10:36 AM

#24230 RE: badge792 #24228

I am of the opinion that we are beyond the ''point of no return'',and any ''deal'' that does not call a halt to this debacle only enables Fifer to continue status quo until the coffers run dry.

Since we already know this is a marginal grade ore body of limited proportions,chances that it will ever be profitable are questionable, and more so being run the way it is.

That leaves only ONE OPTION -for Fifer to pick up ANOTHER abandoned piece of moose pasture for a song and convince naive shareholders to buy it from him at a huge profit,paid for with more equity fiancing[a finders fee will be paid]and resulting in even MORE dilution.

nope-the HANDWRITING is on the wall-the MARKET recognised it but a lot of naive glassy eyed shareholders REFUSED to see it INSPITE of what the shareprice was telling them[check the chart]and please don't blather on about the ''whole sector''-that has been moving back up-what is PTQ doing?...
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VBgood

03/19/14 10:49 AM

#24231 RE: badge792 #24228

Badge, I did not bring “long term” outlook - other poster did, I just replied.
Seriously, all I want is a Deal to get us back into production.
If Deal materializes then there is a chance PTQ can pull it off and with Obama playing dangerous game with Eastern Europe, pushing gold to a new heights- PTQ can get into business of pouring gold.
Everyone at this point is very frustrated… WF is going on?! We need some kind of communique !!!