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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (996)10/19/2000 11:02:38 AM
From: Elizabeth Andrews  Respond to of 1907
 
Well, like I said it may not go down. But I think a little patience is justified as this is just the start on what is a large and prospective block of ground.

It's going to have to get to 2 million ounces to get the majors sniffing. If it didn't have the potential to do that the stock probably would have opened at C$4.

A 500,000 ounce deposit at this grade should be able to generate positive cash, so it ain't over yet. Somebody's going to want it, I think, as these are potentially very low cost ounces, not only possibly to mine but to find.



To: russwinter who wrote (996)10/20/2000 7:54:08 AM
From: Cage Rattler  Read Replies (1) | Respond to of 1907
 
Same old same old. It would be an educational to read the FGX thread as it fell from the thirties; concentrate at support levels and you will read the same old rumors -- funny nothing ever develops.

A few years back they were going to be on the Toronto exchange. Really? Have you consider the developing social unrest in Guatemala -- think that will have any effect?

If you must, sit on what you have and forget about it; but, why throw good money after bad?