New Director Sounds Good Feel Good CAUTION It is interesting to note, a press release on a Friday, usually good news comes not on a Friday? But back to the New Director, it Sounds Good and Feels Good a bit of respectability? Seen this too often from Tom over the years and based on discussions with Tom on such moves.
It is there to make you Feel Good but, the Major problem nothing has changed with FNR, FNR MGMT and FNR's proven, based on experience and track record, a FAILED and BROKEN Investment Portfolio/Model.
I do see the new Director serves on the Board/Committee of a Pension Fund, interesting, a wild guess or opinion on my part, perhaps Tom and FNR are looking for perhaps an investment from Pension funds?
Bottom Line, its all for show and nothing has changed, FNR shall fallunder 10 cents and GO NO BID and become ILLIQUID along with a number of other resource stocks.
All the above in my humble opinion and based on discussions with Tom and FNR 's Poor investment track record and etc.