Re: We're fortunate to have Frank and his team
in response to
by
posted on
Apr 11, 2011 04:26PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I obviously don't know Frank all that well but I've seen enough to know that everything he does is 'above board'. I don't say that with any rah-rah hoopla - I say it with the confidence of someone who knows with great certainty (yes, even though I don't know him that well). I know people who also share the same opinion of FC and would never discuss it on here, simply because they have too much respect for the guy. Bernatchez is probably an example of that.
If he is out to manipulate shareholders, I'll give him credit because he would have to have conjured up a plan 20x more complicated than building a gold mine to bamboozle me into believing in him that this property has a world of potential.
I do think he is guilty of having too much excitement for this company and its prospects...it gets him into trouble with his ambitious shareholders!
I called for an update last week and it sounds like we are indeed at a measure twice, cut once holding pattern. I think real work is getting done interpreting the data they have accumulated and figuring out how to best spend the $4M they have going forward. I think this is smart and decisions made now will affect so many other decisions later....best to look at all options.
I suppose things could always get worse in terms of share price, but in my opinion, the upside vs downside has swung considerably the other way. It's not like they haven't found more gold on the property...