Post by
stitch1956 on Sep 01, 2015 4:31pm
Check Canadian Insider
I have followed FF since the Coastal Gold take out. Neumeyer has been buying large chunks of shares constantly to maintain the price. With GCU management I see nothing but options grants.
Three years ago GCU was $2, three months ago it was .30. Now you can get it at .18 and you have the reputation and clout of Neumeyer behind it.
FF are doing precisely what they said they would. They know there shares are currency and I am sure they will support them.
Essentially you can call this an arbitrage of reputation and financial credibility. GCU was looking at nothing but dilution and the market was discounting that. This is a huge endorsement of the project and a win win situation. If the gold market turns the leverage on FF is enormous.