RE:SudzieIF there is a discount, it will be huge. On BNN, Rick Rule stated "FCU has access to capital, including Sprott, provided they don't abuse our support". That was a shot across the bow, and most likely referring to the outrageous executive compensation in the form of salaries, bonus, expense accounts, and on and on. I will be surprised by any financing, other than flow through from the usual "death spiral" financiers, and at $.30 or less. In my opinion, Dev and his straw board are done like dinner no matter how shareholders vote. The treasury doesn't have sufficient funds to pay the excessive G & A and a reasonable winter program.....the wirting is on the wall for all to plainly see.....tick tock.......
sasku3o8 wrote: I'll level with you, adult to adult. I have no issue with respectfully swapping opinions or views. However, I've found that when I put out those opinions, which I think are grounded in either factual or logical backgrounds, I'm either attacked as a biased or moronic poster. When people attack me, rather than my message, I just simply reciprocate. Is it mature? No, but it's a response in the same mode in which the one was given to me. I will level-set with you and you can do with it what you will. I am currently not an FCU shareholder and I made that clear right out of the gate. I have been looking at the goings on here for the last few months and frankly think I can get shares for cheaper if I wait. I am basically waiting for exactly what just happened with NXE....a 10% off sale. There is too much going on with the company at the moment, so I'm simply waiting for the inevitable to re-load. I don't think that's an unreasonable investment strategy. When it comes to FCUO, I kind of doubt they have a chance to do any kind of total remodeling due to time and resources. Maybe if they can actually get their candidates on the voting list, a couple may have a chance. I'm not a vocal supporter of FCUO, but I have come to the defense of Ben Ainsworth when I saw people portraying him as some sort of Grinch, or hapless moron. I honestly could not say he is the better choice because I simply don't know the man. I know what his shareholders were left with when FIS and Alpha merged, which was an ok outcome in my books. You will not hear me say he, or the alternate slate is clearly better. What you will hear me say is that there are, what should be obvious, issues to everyone at play here, brought on largely by Dev. He is simply not a professional CEO. He has done well, but when you have a great asset, it's hard, but not impossible to screw even that up. There's an analogy I use. You can still make great wine from poor grapes, but you can make awful wine from even the best grapes. Then I slot where I think the winemaker fits in that spectrum. I have zero respect for Dev. I have no way to back it up to you or others, other than to say many people in the financing industry have told me that companies like Denison or Nexgen enjoy more institutional support than Fission (again, 80% retail) only due to their reluctance to invest in a company run by him. There's also the personal egomania and stories you get from googling "Dirty Dev Rhandawa", which you have to scroll to find. I have no love for the guy, and frankly it is his overhang that causes me to pause for the moment in making an investment. Ross, on the other hand, has a rather good reputation in the industry and amongst the financial supporters. I don't think he deserves to be lumped in with Dev. I also get that junior stocks get manipulated and there's lots of issues, but people posting on here aren't the culprits, its the ones actively in the market. Juniors fight back by being overly promotional and over-optimistic and I get that because they need the financing pipeline to be there, regardless. I've done enough due diligence and reviewed enough PEA's and internal forecasts to know when I see rose colored glasses. So going forward, happy to trade views with you and others respectfully, as I know we and others don't agree on everything. Other than Quakes, most people here know that it's not all rainbows and skittles in FCU land and it starts because of some rot within. In the long run, I believe in the asset, but there could be a better winemaker. I don't profess to know who that is, just who it isn't.