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FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."


NDAQ:FRP - Post by User

Comment by matthew77on Dec 17, 2006 7:37pm
155 Views
Post# 11882198

RE: Uranium jumps $7

RE: Uranium jumps $7I agree, most definitely. Same sort of situation as I had with another stock, Petaquilla Minerals (PTQ), which spun off its copper play from its Molejon gold deposit. Makes sense with FRP to split into two companies and therefore unlock maximum shareholder value if Peru turns into what we believe it will - a major, economically mineable uranium deposit. Any split probably wouldn't happen until 2008 at the earliest though.
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