Mr. Aken, You're right, I forgot to frame my question a little better. I am making the assumption, based on the last time we heard a review of finances, that FL can survive, as Mark indicated, about another year. (I'm sure I could have put another comma in there somewhere)
Based on that assumption, I am curious about the collective opinion here if J/L (being that they are the only ones who either should have or will soon have test results) does come back with something encouraging, and stockholders view this as, for example, a revival in the old dream. Then cash to support operations will be less of a problem. If stockholders won't buy into ANY test results, then I don't know where money will come from. But I assume since we have not seen millions of shares traded, stockholders are waiting around for something, anything. I just would like to know what that "something" is. Like Billy Crystal in City Slickers.
However, for myself, I look at 68 holes worth of COC material as a great starting point for J/L to either prove they can do it (with multiple labs) or prove its all a bunch of bunk.
If FL is, as we always knew, a complex ore not able to be tested or recovered with standard methods, this is likely the last time J/L will have to prove it. If they can't come up with anything repeatable, especially with other labs, this may indeed be the last gasps since there is no other source that I know of anyway, from which we can expect any breakthroughs anytime soon (meaning before the money runs out).
Thanks for your response.
Tom F. |
