Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Vudu52on Dec 02, 2021 3:08pm
469 Views
Post# 34191622

Radio silence is not a good sign

Radio silence is not a good signThe private non-brokered placement with Glencore has expired again.  Today there is the news that it has 10 sales processes underway across its portfolio and 15 further assets under review which may not fit the long-term strategy of the company, it said during its annual investor day.   A smelter with large investments needed to make it meet regulation.  Not sure it fits with their long term strategy.   I think the agreement with Glencore will never go through.  It's a non-core asset for them.   Radio silence from Falco's end and tax loss season.  Could see this stock below 20 cents soon.  Let me know what your guys think but to me, silence is never a good sign.


<< Previous
Bullboard Posts
Next >>