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FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."


NDAQ:FRP - Post by User

Post by ragloon Aug 28, 2004 4:08am
171 Views
Post# 7860378

too many balls in the air

too many balls in the aireach of their projects looks good on their own, based on the company's news releases, but...., about Ovacik, neither the production cost's nor reserves jive with the Newmont release, and about Perama Hill, it was supposed to have closed by Aug.5, I believe, the company now must issue more shares , up to 22.5% to the investors that took up the private placement, and if it does not close by Oct 5. 6 mth after closing which was on April 5th. they can get their money back that are presently in escrow. the clock is ticking. and by the way, what happened to the Nevada and Bolivia projects? I also invite comments
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