Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Birch Hill Gold Corp. FNTRF



GREY:FNTRF - Post by User

Post by LoganCopper1on Jun 09, 2011 7:07pm
229 Views
Post# 18696224

Nice discussion

Nice discussionGood to hear some constructive discussion on the valuation of FDN. There are a few things that have however puzzled me. Any plausible/speculative answers would be appreciated! (I am NOT bashing...I am long FDN at around .24, and remember last year when we jumped to .60 on no news....heres to hoping for that again).

1) Why, if the 1M ounce 43-101 seems to have been made "public" knowledge, hasnt the shareprice reacted to the speculation of that? If it is truly going to be this number, will the market even react and care, or will it shrug it off?
--> Im not buying the "people want to see the numbers" because there are enough speculaters to take this into the .50s

2) Where are more drill results from Coldstream?
--> Im not buying "labs are backed up"...I did when every metal junior was soaring 2-3 months ago, but gold isnt the flavour of the month, at least not right now. Do I think that could change at any time? Absolutely.

3) Why acquire more and more properties? Now FDN has Coldstream, San Rafael, The mitchell property AND now Mexico?
--> Spreading the resources out over 4 projects may lead to more dillution, less focus and although may lead to a larger overall resource for FDN, not necessarily more value for shareholders

4) Where does Alto Ventures fit into the equation?
--> Being a partner of FDN on the coldstream project, why havent they optioned in on the recent property purchases? Are FDN and ATV distancing themselves from one another, while still working together on both companies "flagship" property, Coldstream?

5) When will we see buying?!?!

Thanks for everything everyone has added
<< Previous
Bullboard Posts
Next >>