GREY:ETPHF - Post by User
Comment by
Thresholdon Nov 04, 2011 11:35am
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Post# 19209501
RE: RE: RE: Yeeehaw
RE: RE: RE: YeeehawI think the mistake made by FED mgmt was not using the lab in Saskatoon like AAA did. I think they fell for a sales pitch from the SA lab.
How they decide to deal with this will in large part determine whether or not I buy more. Bought some at .49 this week.
AAA was frustrating to wait for initial assays as well and the IFC and Liberty came on board after a few rounds of assays were released not when AAA was at the same early stage as we see FED now.
So if I was the mgmt team, I'd be cutting a deal with the Saskatoon lab and shipping them the new cores. If the SA lab can step up to that challenge and deliver faster, then maybe they get a few core samples to work on.
It ain't rocket science. I will say that AAA management is superb. Just not sure how much loot they can make as they will have to move a lot of overburden to get at the cash generating dirt.
FED has made some early mistakes. If they keep making them the play is done for.