OTCPK:FRSAF - Post by User
Comment by
JohnEStromJron Feb 04, 2012 2:44pm
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Post# 19490640
Turdblossom2 aka sclarda
Turdblossom2 aka sclarda Are you STILL flapping your gums, Turdblossom2? 1500 ounces per month in the third quarter, 2011? Permit me to doubt. But I WILL call Fire River to verify since I don't trust a word out of your mouth. I think you have your head up your backside. IF we were producing 1500 ounces of GOLD per month that's roughly $2.4 million per month - so why did we hock the ENTIRE company to Sprott for a $7.5 million loan accruing interest at 12%, pay $75,000 up front and an additional $750,000 in Fire River stock?
As for our NI43-101 we don't have one. We have a PEA [been over this before] which was so faulty they didn't even "miss" the 25,000 ounces of gold that had already been mined. 90 years ago? That was our RICHEST ore. Also, why did the October 3, 2011 report show the 3000 level mined out but they didn't advise shareholders that it HAD been mined until December 21st? The Girouz report was so full of holes - someone should be in jail. And not ONE ounce in the "measured" or "proven" category. EVERY ounce of Fire River's gold is either in the "Indicated" or the "inferred" category. Some report. Not impressed.
Our first installment on the Sprott $7.5 million loan "facility" [plus 12% interest] is due in early May. I doubt the CIL circuit will be running at full production by then. Let's just hope it IS running.