GREY:FNKLF - Post by User
Comment by
darcelmuchampon Oct 13, 2011 1:44pm
363 Views
Post# 19146239
RE: Just to put things into perspective
RE: Just to put things into perspectiveIt doesn't need shares traded... it just needs time...
Everyone want to see if Costs Per Lb match up to their estimate of $5.56 and whether they can deliver 400TPD moving up to 800TPD. Beyond that, reinvestment of profits in the 2012 drilling program to expand Lockerby is key. They need to add more years to the mine life
This is an EPS driven story... and now we just sit and wait till the next data points come out.
In other news
Resource Capital Fund V L.P. and Resource Capital Fund IV L.P. each took their 1,770,827 shares on Oct 7th.
https://canadianinsider.com/coReport/allTransactions.php?ticker=FNI