Bullboard - Stock Discussion Forum Fidelity Minerals Corp V.FMN

Alternate Symbol(s): SAIDF

Fidelity Minerals Corp. is a Canada-based company is engaged in assembling a portfolio of near-term development and large-scale appraisal projects to underpin the development of a resource company. Its projects include Greater Las Huaquillas (GLH), Las Brujas, Porphyritic Copper, and Cerro El Bronce. GLH project consists of nine concessions for approximately 3,600 hectares (Ha) of which the... see more

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Fidelity Minerals Corp

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Comment by goldenone1 on Apr 28, 2019 1:58pm

RE:Fidelity Minerals Completes Shares for Debt Transaction

I am becoming dubious. very dubious. the mill was supposed to be up and running, producing cash flow. what happened?
and now they give away 1.3 million shares for 55k. those shares at a dollar are worth 1.3. Doesnt make sense.

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Comment by goldenone1 on Apr 28, 2019 2:05pm

I emailed Ian Graham re this post. I let you know what he has to say. Get the mill running and generate cash flow seemed like a good plan. What happened?

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Comment by goldenone1 on Apr 29, 2019 12:46pm

His prompt response Hi Paul, We will have news with video etc. this week regarding our strategic project generator progress. The mill remains on care and maintenance as we evaluate the owned feed model – we have been working through project options. Regards, Ian PS: we have an IR person to assist me in speaking with investors – let me know if you’d like a call. ...more

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