OTCPK:FRSAF - Post by User
Post by
rockhounddogon Jun 18, 2010 11:39am
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Post# 17201963
Interesting things.
Interesting things.I just reread some of the posting on this forum, and the company news releases. An interesting comparison to East Asia was made in one post message. I know they referred to the stock price by definiton of comparison. Interesting to me, in the fact that the geology is in some cases very different, but method and mode are similar. The real key is finding the path from indicator trains to source rock, while trying to maintain a continuity of host. Going through FAU's past results, once again, it appears they "may" have found it, or at least a finger of it, or are very close. Should East Asia be valued as high as they are ?
Not being a stock "guy" I can't tell you how the stock will react or be valued at. I can tell you a couple of things, in my circles, there is high demand for the next Comstock Lode, so to speak. At a recent Geotechnical conference, a Rothschilds speaker told us that his research pegged gold at a mean of $2950/ozUSD by 2015. Hence the onrush of exploration and search for the next big thing. The other thing you may or may not be interested in. Further to the conference, there are many, many institutions looking for the next "deal", should this prove up in the coming weeks and months, the domestic and foreign money will come into this play, unabated.