OTCQX:FSXLF - Post by User
Comment by
Tadon Apr 14, 2021 11:09am
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Post# 32992653
RE:RE:RE:RE:So.....how many of you have received a phone call from IR
RE:RE:RE:RE:So.....how many of you have received a phone call from IRbraindeadoldguy,
I agree with you, It is always prudent to be skeptical when dealing with Investment Relations personel with ANY pure exploratiion company, regardless of the company's management history and previous successes.
I, for one, do not like being given inaccurate information to direct questions, as I experienced durng a phone call with FSX / LVX IR a couple months ago regarding where they were getting their drill results assayed ( Canada or Australia) and only a matter of weeks later seeing completely different information posted in their news releases. I haven't bothered to call again.
These exploration plays are based solely on results from the drill. We were not told in advance that Golden Mountain exploration was being deferred for three months .... UNTIL AFTER THE FACT ... why not be up front with shareholders in the first place .... really destroyed the positive momentum with this company, in my opinion.
I fully expect Fosterville South, and spin - off Leviathan Gold, to deliver on exploration in the coming year to 18 months ..... but I do NOT expect to see anything IMMINENTLY ... a favorite word that the CEO likes to use, but seems to have no concept of the actual definition .... just more hype ...
And while referring to Leviathan, it would be helpful for the FSX / LVX to explain to shareholders why the TSXV did not allow the company to proceed with the original escrow periods of 4 months and 4 release dates. Did management not understand the Tier 1 and Tier 2 designations, did their corporate lawyers not understand ? If not , why not ?
As usual with resource epxloration plays ..... too much B.S. ... I was expecting more professional, upfront information flow from this management team, slightly more than disappointed at the present time.
I like the address, I still like the management, I like the share structures and cash on hand for serious exploration programs from both FSX and LVX ..... but it is apparent that shareholders are getting a bit impatient lately.
;-)
GLTA !