Hey waxweazle, my friend.

I wasn´t referring to past option granting, I was trying to come up with a reason why management wouldn´t buy in the open market NOW, at these ever so depressed prices, if they were so convinced about the company´s prospects.

3 possible answers:

a) they are going to give out options again (which is not very uncommon for most explorers to grant options at share price lows, is it ?)

b) they already have enough options or can´t give out any more (percentage o/s shares maxed out)

c) they don´t believe in the company and their prospects.

I opined a) and would hope it´s not c) (not sure about b) though).

Any other opinions on that issue ?

Regarding my investment: I thought that 0.38 would be close to the low point for this year with all prospects of this company. And I was hoping for a change in the approach of management to protect shareholder value, which wouldn´t be too difficult as we could see from all the positive aspects mentioned on this hub, which we have never heard from the company.

BTW, are we still paying for this PR company ???

Obviously, I was wrong with my opinion, which I openly admit !

Therefore, I will keep my paper loss, hoping to get my money back but have written-off FNC in my mind. And as I said, I will NOT throw good money after bad.

FANTOMAS