OTCPK:FRSAF - Post by User
Comment by
JohnEStromJron Jan 20, 2012 1:23pm
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Post# 19427602
RE: RE: RE: RE: Completion of CIL will be
RE: RE: RE: RE: Completion of CIL will be sclarda..... "And i really dont care what you or jony think as neither of you appear very bright."
This from a guy who admitted he didn't do due diligence on this company? At least most of us tried even though we were relying on information that was inaccurate, not to mention none of us anticipated the Sprott loan - but evidently you bought after the loan was made. How smart was that? Now I would have gotten out at that moment since the load was so lousy for shareholders but at that time I was already underwater substantially and thougth the loan proceeds might get the company up and running. That turned out to be a bad mistake on my part. I later find Fire River can't produce dore the refiner can refine - too much arsenic in the metal - and they decided they no longer needed to keep shareholders advised so we're only going to receive information they legally have to provide. Not a good sign. The only ones smiling are Sprott and the share price has continued to sag. Ah, but one day they'll get that CIL circuit running.
I think we all know investing in junior miners is risky but at least when I do due diligence I like to think what I'm reading/reviewing is correct and accurate. Apparently not so with Fire River and now they're making it impossible to do due diligence. Who would invest in a very new startup when they've found the company's richest ore has disappeared and where they're only going to release information quarterly. Had I known this before I bought I would not have bought. Unfortunately, like many others here, I found out well after the fact. So perhaps collectively we can get Goodwin to be more responsive. If not I would urge fellow investors to give this company a wide berth until they are more responsive. You are free to do what you like but shooting the messenger isn't very productive.