RE:RE:F&MF&M are not worried about the day to day share price. They are experts at picking up these companies, getting the float manageable...check, getting it permitted... check, getting the bankable feasibility study...well on the way, getting financing... next and getting to production or a sale at many times their buy in. They got in at $1.27, $10 million financing by some significant funds at$1.40 so multiples of that to a possible sale. Did a little look at Orion... seems the often buy the companies the fund. So... now we have ties with Orion, Lundin and (as some suggest but I think are out of the picture) ..Barrick. The ratification of the permit surely got the attention of others.
The feasabilty study will bring even more. The long term Environmental studies are started, the recoveries have been increased from 72’% to 82% and everything that F&M set out to do is well on the way. I am sure that when they decide they need to get the SP higher as we move closer to financing that it will be addressed. I wish it was happening now but there is a time for everything. If you watch the trading, it is computer trading and traders moving the SP down on any weakness. It will move up at lightning speed at some point and I think it will come soon. The only thing that could be a damper is tax loss selling season but that is there with every stock. I think we will have a merry Christmas and a happy new year.