TSXV:FCO.H - Post by User
Comment by
focsleon May 31, 2012 1:33pm
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Post# 19966436
RE: Why did we pay this
RE: Why did we pay this In order to have a news release. There is no construction update from the mine because they aren't doing anything worthwhile on the mountain. Another construction season potentially shot in the rear end.
Maybe they are working on the refinery, but who knows?
Quite frankly everytime they opened there mouths here lately and said something unrelated to the financing the stock price drops. So it would appear that the strategy of saying nothing and keeping everyone in the dark is the best approach for the current management leaders. Who wants to see the share price drop further? Keep a lid on it. Come August we will have figured out that the fianacing was once again elusive for this team, that will make 4 or 5 attempts at getting the cash collection process.
Ufda...