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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Eldon Slife who wrote (5706)1/31/2006 6:50:54 PM
From: Claude Cormier   of 78411
 
The problem with FSR has been lower production on a bit lower grade and therefore lower profits coupled with the perception that things would not improved. But they have been working on mine development for almost two years and this could start to show.

I think it is a better buy than the other small producers (less than 2M ounces a year). Let see the next quarter, my guess is that profits will improved significantly.
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