RE:RE:RE:RE:RE:Does Frontier have a PR department?Thank you, but my take is it is not being worked on at all, by anyone. Nobody is interested in Frontier. There is no institutional interest, no size to the bid. There is no great "they" that are manipulating this, quite the opposite. Brokers and investors who had the stock at issue date sold it to get the new issue and get the warants for free. Neither RBC nor GS supported the market, and neither did anyone else. This sends a clear message to RC and GS brokers and others "thanks for the fees but you are on your own".
TW and the team were told there was great interest from everywhere, but they were mistaken, and did not have the goodwill that good IR can create over time. The book on this issue was soft, a lot of interest but not enough firm buyers.
What is concerning here is that for the past 10 days the FL team has been talking to everyone that will listen, and we see the results clearly, no volume. The prospectus tells investors all there is to know about FL at this point, and that has not resulted in buying.
Now we wait for the PFS, but it will only confirm what is readily obvious. They have great tonnage, high grade ore, no overburden, and the value has gone up as the commodity price increases. I do not know exactly how many tonnes they have, it does not matter, it is a LOT. The issue is , do they have a plan to get mining in a hurry, to take advantage of the high prices. 5 years ago the mine was 5 years away. 3 years ago the mine was 5 years away. Last year the mine was 5 years away.
There is a point here when investors just do not believe anymore. We are there now. That can and should change, but if a year ago you knew that LI prices would soar as they have, and the drill results would come in as they have, would you expect the price to be $1.98? That has not happened to PMET, to AKE and many others.
I still hold the stock, and I think they will succeed as the Walker family is sharp, they will get it right, I am just frustrated by how badly the timelines have been handled. A great IR program would not have solved all the issues they have, but it would at least have helped. After the issue closes I think the market for FL will get better, it just leaves a sour taste when it is mishandled like this.
Best of luck