ILLIQUID? FINANCIALS?INVESTMENTS?OIL/GAS ASSETS?FNR, along with many other stocks, juniors/mid size/ and etc. lacks Liquidity, REAL Liquidity & Volume, Trading seems QUESTIONABLE, same characters and patterns we have seen, refer to history.
FINANCIALS - refer to Annual Audit, with special attention to Auditors Letter, EMPHASIS of MATTER, Going Concern comments and the need for CASH going forward, refer to Unaudited comments by FNR, under their own Going concern comments and need for Cash going forward.
Refer to Sedar for these filed reports.
Current portfolio - sinking, sinking and Liquidity ?????? GCR 3-4.5 cents - WTR- 2-3.5 cents
EPL 5.5 cents - SGF - 14 cents - OMM - 3-6 cents -CZC- 2 cents - lack of liquidity and volume on most if not all stocks - refer to trading- Underwater????
Oil/Gas Assetsd - on 14 July FNR/WTR announced sale of these assets from FNR to WTR - for a $3 mil price???- yet no news since 14 July and in fact these press releases, seemed to have disappeared from FNR's website?? WHY?? What happen??? Disapproved? Price? FUNDS? but, the news has not disappeared from the Internet can be found and several sites.
All in ALL FNR is a BIG SELL and most likely, my opinion, goes under 3 cents and no bid, like many other juniors, based on MKTS, Financial MKTS, News/Sedar reports, Resource MKTS and etc. all the above in my humble opinion.