RE: Confident in FR....."also expect an announcement on a PP at around $2.00 in the next couple of weeks, and that is much needed good news, as then they can move forward with development, aquisitions, and a TSX listing".
If they have managed to raise more than 2 million @ a price of C$1.75 then I consider them to have done exceptionaly well considering the environment over the last couple of months. Obviously the sector has perked up a little of late so this may have helped.
News of the pp is what's been holding this back whilst others have forged ahead, once they have proven their ability to raise funds then we should play catch up.