RE:Good or Bad ,, Big or Small ?Hello and good evening Longs:
Pretty good prediction Freedom! Here are the nuts and bolts of my takeaways from the AGM:
1. Lascaux was winding up their final fund and FT was the last investment they were holding, so a group of Insiders put up the capital to buy all of their shares to prevent them from jacking up the bid on public market. It actually helped to get them out of the picture
2. Option to purchase refinery site has been extend until year end. This is the main focus for time being. Robin feels that this is a critical piece
3. Ft has enough working capital to keep the lights on until sometime in Q4
4. May be a good piece of news coming in the next few weeks from a direction we least expect. Maybe something to do with our massive amount of Bismuth????
5. They have a submitted a couple grant applications and are waiting for a response on these.
6. They have a gold partner back at the table
7. They are in discussions with a couple of Smelters regarding processing
Okay that is all I got. There were probably a few other takeways but these were the big things.
Staying long and possibly buying more shares.
Yellowknifer