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Strategies & Market Trends : Dino's Bar & Grill

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To: Boolish who wrote (3873)12/28/2013 7:53:44 AM
From: ogiRead Replies (1) of 202925
 
Yes I have learned something and glad of it , Thks. I don't see all the field in this game and thus my tendency toward bigger picture fa and less short term trading. I have neither the time nor the acumen to trade nimbly on a daily basis. Looks like you are in FLY right at an interim bottom. May yet add some in the next 2 weeks.

Ptg in our defense, we did run with the announced timing on the class structure clean up, so can't fault ourselves too much for a one month delay. Meanwhile the gentle swoon below .20 was no surprise and looks pretty orderly.
A very quickly assembled one billion plus revenue co., which is still tiny within its industry, so I am looking for next quarterlies to indicate improved operational efficiencies and sales growth. Not sure I have any outlook yet on possible take out. As you point out the market cap here shows great opportunity for massive reevaluation higher.

FCV, is part of Simon Ridgway's Gold Group. I tend to avoid "groups" but not in this instance. They have extensive experience in Peru and started as Peru centric gold explorer. Over the past year or more they have been morphing in to a Phosphate explorer and acquisitor. They have taken a 70% position in Stonegate's Montaro phosphate deposit in Peru, with hundreds of millions of tons of P205 in all categories. Also just acquired the Bayovar property in Peru in an established activePhosphate mine district with former scout holes showing Phosphate is present. Infrastructure and ocean terminal all close by. Also large Columbian phosphate exploration portfolio.

All in all an aggressive path they are pursuing but I think financial partners and take over possibilities will be easier to come by in the phosphate space than the current PM market.There are some big players in the fert space that will be/are interested in what FCV is doing. Indeed FCV does not offer the trader much opportunity although it has doubled in the past 60 days. Share structure not bloated at approx 55 mil and in friendly hands.

Must run
Cheers
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