RE: grant of optionsI am disgusted with what I see here now, and what has happened in the past 2 years to a potential diamond in the ruff. At one time FR was heralded a 20 dollar stock in the not too distant future. Now, unless silver itself becomes a three digit metal, we will never see a 20 dollar handle on this. With the number of outstanding shares and warrants soon to be in the market , this is quickly becoming a solid 5 to 7 dollar stock.
JohnOlssen, you make a great point with respect to Keith and the board. Cheap options and millions of "just as cheap warrants", will cap the share value of FR to the point it may not recover from in a defining way. I had a huge position in FR until a year ago now (Aug 2008), when I lightened-up considerably, in the neighbourhood of 75 percent...at that time I was roundly critisized and jeered both on the board and in my inbox for not knowing anything about FR, but look who is laughing now.
I have no idea where or why Keith is taking the company, but its not in a direction I want to go. This appears to be a play toy Keith at his whim and at the expense of all shareholders. I guess its time to bow out gracefully and if things don't improve soon, there will be, sad to say, nothing to come back too.
If anybody here has any good silver plays in their hip pocket, please let me know. A guy that used to follow FR and was quite informed was coach247, but with this Stock House format I don't know how to located him for information. If anybody can help, please do.
garygp