TSXV:FCO.H - Post by User
Comment by
longnose2on Oct 07, 2011 6:42am
506 Views
Post# 19128659
RE: Balls
RE: BallsI remain confident that this will get done and it will be done right.
My confidence is based not only on the strategic quality of the mine ( the size of the Stimulus funds prove this ) but on the ability of the key individuals involved ( including Dundee, Pala and Melkior ) to get things done/
Book value is above $1.50 per share more than half of which is cash.
Mine develoment and construction continues , as available cash ( $60 + million ) is sufficient for the current needs.
This is a great opportunity to buy a quality project at very cheap prices/
Never look a gift horse in the mouth.