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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

Post by watchout34on Dec 18, 2006 3:21am
171 Views
Post# 11883237

Why buy FRP? What do other people think?

Why buy FRP? What do other people think?Partly copied from my Blog Peter Grandich Report on JV partner SOX Listen to me!! I believe in my biased opinion that Solex is where Crosshair Exploration was both in price and on the corporate ladder this time last year. I’m highly optimistic that we can see a similar pattern for SOX over the next 12 months! The fact that Sprott approached them and made an investment only adds to my comfort level. This is a sleeper uranium play. In many ways it reminds me of where CXX was this time last year. Like CXX, management has chosen not to hype and instead put the money in the ground and let the results dictate the hype down the road. Here’s to another version of CXX. The Morgan Report on JV partner SOX With high recoveries and all-in costs expected to be as low as US$12/lb, this property has massive economic potential. Resource Opportunities on FRP Work to date has demonstrated enormous volumes of the uranium rock. There is scope for a huge amount of uranium. The concessions could encompass hundreds of millions of pounds of uranium. The upside is enormous.
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