OTCQX:FSXLF - Post by User
Comment by
Linemineron Dec 13, 2020 7:32pm
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Post# 32096807
RE:FSX and GBR comparative charts
RE:FSX and GBR comparative chartsThank you for the charts - and I do apologize ! YES, FSX is new and young - and a large part of their focus in 2020.obviously was the LVX spin-off which is commendable shareholder value I believe ! However the new acquisitions exceeded spin-off properties in the same period --- still all excellent - especially the Baynton property in my opinion ! I still however like to see drilling expansion or perhaps JV agreements ! AS To GBR - from "Discovery Day" - (18 months ago) focusing only on Dixie - GBR with a cash balance of $85M and a smaller share count (56 M) than FSX (68M) committed 1/4 of cash to a 100,000 metre drill programme and for every $1 dollar spent gained $30 in market cap - certainly the best ## for a Canadian explorer - and maybe a world record - yes I will be long on FSX - and hopefully as you suggest - they can do as well ! Tough numbers to live up to though!