Fosterville South Exploration Ltd V.FSX

RE:RE:RE:RE:RE:finally gave up on this today

[blindpig]

Hi Red,  I can understand the fustration of investors in fsx.  I'm well aware of the issue of shares to Bryan and related parties, but that's par for the course in investing.  Founders always issue themselves shares as part of the initial capitization of the company.  These shares always look very cheap when compared to what others may end up paying.  How did Peter Munk get so rich?. The founders of tech companies are even more "abusers" of the cheap share issue since it is less capital intensive than mining.  Think Bill Gates and company, Jeff Bezos, Elon Musk.  These guys are all promoters in once way or another and have obtained extreme wealth based on cheap initial shares.  I don't think bad of them since we need these type of people to move society forward. 

For every one of these founders who made themselves and shareholders very rich there are hundreds of grave yards  of dead investments.  I hope fsx is not one of the later and fustrated about how long it takes for any drill results to be published. I've got 1% of my portfolio here and normally not a speculative investor.  The only reason I'm here is that my brother worked for Kirkland Lake. Maybe not a good reason to invest in fsx.  However, I'm patient and will hold out until I make some money or there's no further hope.