Post by
lefmike1 on Jun 15, 2010 3:45pm
Not at all sure why anyone is
giving a release date for this stock. They have not indicated whatsoever when it's being released and to say a release date of such and suhc without firm confirmation is no better than picking a date from the calendar and pointing to it aand this is as good as any. Mr. Ficher was very evasive in his email to me last month saying by the end of June, NOT June 15th nor the 20th, if they had a set date already selected and they have it posted somewhere, well...... where is it?
Two things can happen at this stage. an production increase so big that they want all their ducks in a row to absorb the good news.. or nothing much changed, their volume was the same as last Q therefore their porspects for the next while are unchanged.
Now the kicker...... GW had a pretty good quarter didn't; they? They also specifically mentioned that it was as a result of increases in FIU's production... So if they increased, one would assume the FIU did likewise eh?
Well we'll just have to wait and see. Damn I wish that water permit would get issued ... like..... NOW ! ! !
GLTA
Comment by
uranicynic on Jun 15, 2010 3:56pm
I emailed FIU and they supplied the June 18 date for the earnings and a conference call to be on the 22nd.Remember GLW gets to buy FIU's gold at $400/oz so until the contract is fulfilled FIU is not going to benefit from the increase in the price of gold.