TSXV:FCO.H - Post by User
Post by
ufoolmeon Feb 21, 2017 5:16pm
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Post# 25874048
PEA
PEAOK, if we can get Micon and SNC to update the PEA and BFS, financing should be back in the picture. Let's hope they can get the government stimulus bonds back on the table. $80 million bond from the feds for a whole bunch of jobs should be a no brainer. that way, we could issue 50 million shares at the 1.50 level to get us into production. Once that starts, cash flow will allow further drilling and reserve expansion.
If all goes well, $10.00 a share is no longer a pipe dream.