https://stockhouse.com/news/press-releases/2021/05/13/fremonthis news that came out came out last thursday,,, the 13th was a bit unsettling i thought. But it appears that B.Monaghan was probably not really happy being with FRE or else why would he have joined up with PEX as CEO back on Jan. 04 ?
Something not right about that and i would think it would pretty much be impossible to hold the CEO position of 2 seperate compaines at the same time... at least not for very long and he had done it for more than 5 months.
Anyways the timing of this News was really bad because FRE shareholders have had only one thing on their mind and that is what are the results of the drilling program?
Goodness sake.. they only drilled 3 little holes and finished on Feb 17... so it is now exactly 3 full months we have waited for the results to come.. and that is utterly rediculous,
They must have receved them some time ago and most likely they are really bad and that is why they never released them.. it has been my experience that every time a company holds onto drill reults for and extended time, the only reason is because the results are disappointing. I presume that is what has happened here, and if they were really good and spectacular i am pretty sure that Blaine would have wanted to stick around for a bit longer to be in the limelight for that event.
I have already assumed that the drill results will suck,, it had a much higher chance of failure than success imo, but every once in awhile some tiny explorer pulls a rabbit out of the hat !
Hope i'm wrong (for once!) and hope that FRE will have had a good hit in one of the holes at least.. even some sign of potential nearby mineralization would help.
FRE is showing strong support at 0.04 and 0.035 so it shouldn't tank from here... it already has done that!
Still i say.. GLTA!
gs2