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Falco Resources Ltd V.FPC

Alternate Symbol(s):  FPRGF

Falco Resources Ltd. is a Canada-based company, which is in the business of exploring, evaluating and developing mineral properties in Canada. The Company is focused on developing its mineral properties in the Rouyn-Noranda region of the Province of Quebec for base and precious metals, primarily on its wholly owned Horne 5 polymetallic deposit (the Horne 5 Project). The Horne 5 Project is located adjacent to Glencore Canada’s operations. It owns mining claims and contractual rights in or in relation to mining concessions in the Rouyn-Noranda mining camp (the Mining Camp).


TSXV:FPC - Post by User

Bullboard Posts
Comment by Management1ston Oct 30, 2017 9:24am
99 Views
Post# 26875416

RE:RE:RE:Did I miss something?

RE:RE:RE:Did I miss something?
The fact that the FS is not the greatest of all time is knowned by everyone and frankly this is not the point. The thing is the mine will take life and they were just not patient enough to go forward with an extensive drilling program, they know that there is enough gold to reach for the breaking point and they seem to be confident that going forward they will find more gold in this camp to then be profitable (drilling program financed by the cash  flow of the mine).  
 
This proves that this management team is well backed by the industrie... not every junior could be that confident and in this world you better aim for good management team because they aim for good gold camps! 
 
With that being said, the FS was just a milestone of several not the possible end of this project.
Bullboard Posts