Does MrContrarian and his cronies even knowwhat they are talking about?
FF is NOT the typical junior mining company but a “MINERAL BANK” with almost 10 million ounces of Gold and 30 million ounces of Silver!
Keith is not only a very good promoter, but he is also an excellent project picker. So far, FF owns more that 25 projects!
In fact, what makes FF so undervalued today is its Mineral Bank SIZE. This is why so many fund managers and institutional investors are becoming so interested in FF, as shown by the latest increase in volume activity.
MrContrarian dilution argument is also ignorant. Apparently, he can't tell the difference between real share dilution and value creation. If he knew, he would understand the FF business model and how different it is from his typical junior holdings.
And since FF's intent is to enter into agreements with third parties that would move the projects forward, the flagship project comment is irrelevant.
FF's ultimate goal is to hold residual interests and have the projects generate cash flow to PAY DIVIDENDS to shareholders: obviously, we are talking about a long term play with tremendous potential in the next Gold Bull market that could easily last 5 years or more according to most gold connoisseurs!
This is why, as a long term investor, I would never give up my FF shares for any of MrContrarian's lone junior plays.
GLTL
SM