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Freeport Resources Inc V.FRI

Alternate Symbol(s):  FEERF

Freeport Resources Inc. is a Canadian mineral exploration company with a primary focus on advancing the development of the Yandera copper-gold-molybdenum project, located in Madang Province, Papua New Guinea. The Company owns 100% of the Yandera project. The Yandera project is one of the largest undeveloped copper-gold deposits, covering approximately 245.5 square kilometers. The Yandera Copper Project is located in the highly prolific PNG Orogenic Belt, the same geological arc as some of the world’s largest deposits, including Grasberg, Frieda River, Porgera, Lihir, Wafi-Golpu and Kainantu. The Company's subsidiaries include Quidum Resources Inc., Highlands Pacific Resources Ltd., Carpo Resources Inc., Era Resources Inc., Marengo Mining (Australia) Pty Limited, Yandera Mining Company Limited and Yandera Mining Company (Holdings) Pty Limited.


TSXV:FRI - Post by User

Bullboard Posts
Comment by amboozeon Jan 23, 2005 7:04pm
306 Views
Post# 8475471

RE: AmBooze

RE: AmBoozeI can appreciate that after being marooned on the beach for a few years now, you welcome someone to talk to. I am hesitant to talk about price until we see some more activity on this stock. I have had a satisfactory position for some time now, and it is because of the beach properties. If I had to liquidate tommorrow, what could I average out at? Also, at this time I cannot see any evidence of it being worth anything to a trader, and surely not to an investor. I can assure you that the 3000 shares the other day was not from a trader. Let`s be patient and see what develops. There is always more time than most people think. If you do not agree, pull off a T-Boone and put out 100,000 shares all or nothing at $.35. If it is snatched up right away, it will give you a little better idea of value. You can then go out and buy every share you can get your hands on. Brenda has done an excellent job to date, and I do not expect that to change.
Bullboard Posts