FNR's Christmas Letter/PR Letter FNR's Christmas letter, for the uninformed and Cheerleaders/Pump/Hype crowd like Chung, makes one feel warm and fuzzy and you feel good.
Botton Line - The opening of the letter is written by someone who thinks they understand MKTS and etc., they are the most uninformed group of writers on the Global Economy, MKTS, Resource sector and etc. Tom - thinks he understands but, as long as I have known Tom, he really does not understand,in my humble opinion, the same for the clueless and ineffective IR/Promotion Dept. But, the one thing they know how to do well is Spin/view of Rose coloured glasses, such as a big diamond mine, SGF, big Gold mine, CVG, Big Oil-Rallymount and Allstar, Big Cola - WTR and a big copper project, GCR, all have been poor investments and poor results, in my humble opinion.
Yet, I am sure they will all get nice Christmas/performance Bonuses, nice long Christmas Holiday, extended.
Tom, suggestion,Time to clean house - get ride of the entire staff and restaff with Quality people and make thestaff lean and mean and invest in Good quality projects, not pennydreadfulls (Tom quote on juniors). Rethink and get rid of the poor investments.Tom and the Board need to step down and Find a Board that is strong. Tom needs to resign and move to an Advisory role. Bring in a strong Chairman and President.
FNR - will trade, my opinion, under $1.