OTCPK:FRSAF - Post by User
Comment by
JohnEStromJron Jan 17, 2012 4:25pm
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Post# 19414076
RE: Completion of CIL will be comming soon !
RE: Completion of CIL will be comming soon ! Before I bought Fire River I spent weeks reading everything I could about this company. I guess I forgot to read they had already mined the highest grade ore - 90 years ago. My bad. And I didn't know that Barr was hitting the trails and dumping this on Goodwin or that the CFO was leaving shortly thereafter. Again, my bad for not foreseeing these events. How can you or anyone else do due diligence on Fire River with a lack of information and a lack of candor by management? I'm always happy to hear from someone who can tell me.
How does one do due diligence and then find out the company has decided to only give out a minimum of information -- a junior mining company? It is impossible to do due diligence when a company changes it's disclosure of information - except to say, "Oh, so sorry, we mined THAT rich ore out 90 years ago" [which I do not believe] What Goodwin is doing is wrong and his stewardship of Fire River has been abysmal at best. Whether the glass is half empty or half full makes no difference - it's STILL half a glass which ever way you slice it. And too much information on a company we invest it is always better than too little.