TSXV:FCO.H - Post by User
Comment by
westernkidon Apr 16, 2009 12:14pm
249 Views
Post# 15923206
RE: 206 million
RE: 206 millionSomething else to add to the equation for determining "value"...
Intangibles...
Information that the average mountain man doesn't know about.
Some of this is "insider information". Other information is know only by
"the locals" as they see who comes and goes and they talk to them
about local stuff. Like good hunting places and fishing holes (price and
availability of local land adjacent to the [in this case] mine site and
who are the local pool hustlers so they know enough not to engage
them in a profit [or usually a loss] enterprize). They also know that He
who buy free drinks expect something else in return...but, they don't
turn down the free stuff! So, who owns the shares and keeps buying
more just maybe an indicator as to some of the "value" (future) of the
shares.
westernkid