TSXV:FCO.H - Post by User
Comment by
BearBull007on Oct 11, 2022 5:05pm
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Post# 35018216
RE:RE:PP extension
RE:RE:PP extensionBigoil2113 wrote: Yes it has expired. The next news release will be that thet need to shut down operations and office until prices recover.
fco needs to incorporate a finders fee to fill the PP like all the other junior exploration companies. They all getting filled quickly. Not sure what the heck FCO problem is. Maybe they figure we have nothing worth while.
all these other exploration companies are hitting huge grades over wide widths in there first drill campaigns. Fco not so much.
let's see what Peter has to say. Seems to be hiding. tax loss season around the corner. This will hit 1 cent in December
Strange that people like Sprott haven’t shown any interest in this stock.
A comment from another forum posted over 10 months ago:
“Nobody is buying this little dug out property. That’s why FCO got it so cheap. The absolute max in the real world would be about $10m for this property, even that is delusional. You can’t mine the small deep gold deposit or set up a heap leach pad for example because the deposit is way too small. As for silver, the high grade is mined out and the ramp used is in the way of going underground. So just like Peter said last time (when) asked, this will be a smaller operation of manually hitting veins etc if anybody is interested but there are so many better land plots close by. I think the Santa Maria is seeing its final days now. FCO is almost out of money and nobody is going to have an appetite for another financing at .05 with full warrants. There have been posters here for 6-8 months now giving real facts but they have unfortunately been run out of here by all the bag holders. Do your DD and stay away.”