Fox River Resources Corp C.FOX

Positive PEA

[GoldEye99]

Can't be that positive..  market don't like it!!

[PunkRocky]

They will accumulate shares at a lower price level imho. Fine by me as I will be accumulating too.

[FastFF]

Where are they going to get $1.8 B to build it? not with equity, I hope, or shareholders will dilluted to nothing. Problem is, why should a Major buy/and build this when they can expand exiting plants much cheaper - no real LT shortage of this stuff. The multi-years time it'll take to get permitted, the fert shortage will be over Plus, anybody pumping up the stock will be met with a huge

[matisse2003]

Have you looked at the history of this property and the predecessor company Phoscan?

[matisse2003]

Watch this video if you think that they will need $1.8 B or that there will be some kind of dilution https://www.youtube.com/watch?app=desktop&v=-612o85UteM

[matisse2003]

They do not need $1.8 B they are de risking tha asset for a major.@ Watch the CEO here.  They have no debt and the predecessor company once had a market cap over $350 million > https://www.youtube.com/watch?v=-612o85UteM

[matisse2003]

You can watch the CEO here.  He holds almost 20% of the outstanding shares.  The company has no debt and previousl had a market cap of over $340 million.  Well worth understanding his role and his objectives https://www.youtube.com/watch?app=desktop&v=-612o85UteM