TSXV:FCO.H - Post by User
Comment by
cochrane29on Mar 05, 2013 3:20pm
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Post# 21081802
RE: RE: RE: Selling
RE: RE: RE: Selling I agree most juniors in the mining sector or getting bashed. Sangold roxgold etc. However Formation metals has underperformed the markets for years and have been bleeding their shareholders dry becouse they don't have capital to complete their projects. I contacted the company last year and they were professional however seemed insulted that I suggested they sell to a bigger player. The company continues to spend but cannot complete this project without outside help. They either dilute the stock again find more cash somewhere or sell.