DEAD $$$ to ZERO RESULTS/ACTIONSFNR, as I have noted in the past, in my opinion, is DEAD $$$ Going To ZERO and NO BID. The Big Question for an Investor is not the Return on the Investment but the RETURN of YOUR INVESTMENT 100% - FNR, based on their track record has proven that $$$$ invested is a loooser, just review the history. Yes, MGMT/TOM blame on the MKT - Same excuse the Dog ate my homework.
Results and Actions - the only thing MGMT and Tom did over the last serveral months is to get those share holders who voted and those debenture holders to vote is to keep Tom and his team in place on a lot of Promises and paying brokers, quoting buybelow post a fee to secure votes, also refer to news releases. Nothing has changed. Results and Actions are meaningless and a total Failure by Tom and MGMT.
There were some hints of promising Oil stuff from the FNR holdings, whispers around vote time, well guess what - BIG FAT ZERO.
There are too many Good assets for sale by Resource Companies across the board and they are real for anyone to look at what FNR has.
Bottom Line there are NO GOOD Reasons to invest in FNR and we project FNR shall go to ZERO/NO BID in our humble opinion.