FRP Shareholders Reality Check we hit $1 today andHaglos........ and other concerned current or potential shareholders
Bottom line my friend is that these Pirates (Eldorado) are trying to steal this company from us for pennies on the dollar.
We know it and they know it hence the reason they are aggresively pursuing us.
As a FRP shareholder who actually owns the Perma Hill asset I am very dissapointed with the stance taken by Eldorado in communcations with the Greek Government with the assumption that this is a done deal in their favour. I do truly hope that they have not undermined the years of negoitations performed by our current FRP management
IMO Very poor form.
With a hostile take over bid I guees the gloves are off and the aggressor will resort to all and any tactic that they feel will best serve their (Eldorado's) best interests.
I am confident however that current FRP shareholders truly realize that just the Perama Hill Project alone is worth more than the $100 per oz value that Eldorado is putting on this asset. Gold currently is appox $850 an oz. .
So....... even at a heavy discount puts us well north of $2..
Please do not forget it is not just gold that is at stake .We still have yet to recieve the 43-101 report on the Mascsani Uranium project which could match or even exceed Perma"s value.
All this said I am here to profit so yes I would consider a fair and reasonable offer but until such time I and many others I have spoken with are sitting tight and riding this out!