How can you argue that Chm dropped in value from 3.00 to 1.14 to justify what FNC management has been doing and take the heat or blame off peter.
Rago! - the way i see it - CHM started 3 years ago from NOTHING - took FNC property and turned it into 95M market cap today. (so it was 250M plus before the crash - so?)
Fnc - is trading at 17M (less after today) which is not even worth the % interest in that chm property. Add insult to injury - NO recognition for any other properties - which we know are each worth 3x present value.
NO buzz created about FNC - why is that Rago?
And trust me - peter could never do 1/10 the job Larsen and crew have done with Fermont... peter would have started with one drill and gone at zero miles an hour.
so the argument still stands - FNC management- has done - is doing and predicatbly will do nothing good for promoting the stock and GET recognition for us the shareholders.
Credible and serious changes to management need to be implemented.
IMHO