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Firestone Ventures Inc V.FV.H

Alternate Symbol(s):  FSVEF

Firestone Ventures Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the identification, evaluation, acquisition, and exploration of mineral property interests with a focus on precious and base metals. The Company has not generated any revenue.


TSXV:FV.H - Post by User

Bullboard Posts
Post by JGavinon Jun 25, 2012 10:18am
202 Views
Post# 20050864

Support

Support

It appears a mistake is being made in the new Firestone. As we learn in a AGM statement the 130 milliom shares are rolling into 25-30 million. No attempt has been made to support  this stock. They could have announced a  PP of the "new" stock at 20-25 cents giving support as well direction of this company. As it is this stock has been in freefall with no news releases, pp or info. At one time the markets value was 60 million with 80 cent stock. Resources of $ 440 million are proven. How long will the current stockholders hold on to see a rollback and a one cent stock?  Reorganization can be another name to transfer the project to new owners. Also, in the current enviroment who would want to invest  after a rollback, dilution and loss of capital. The future in speculative mining juniors is bleak. The general market in juniors shows most off 60-80% over the last 18 months.

Bullboard Posts