SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (1310)4/12/2001 10:44:15 AM
From: Claude Cormier  Respond to of 1907
 
16M shares outstanding on FGX.

<i see that 40 odd thousand lot on the ask side still sits there>

I can only guess that it is still that fund selling.



To: re3 who wrote (1310)4/12/2001 2:22:37 PM
From: que seria  Read Replies (1) | Respond to of 1907
 
There have only been about 10 days of 40k shares trading in
the last 12 months:

bigcharts.com

so even 40k at the ask is probably limiting the price. It's noise anyway until something fundamental cracks, or sentiment changes, or we see more nice drill holes from Marlin. Francisco remains the best stock I know of in which to park money as a gold hedge against currencies and market meltdown. I see it having developmental or exploration upside far in excess of its current price. If gold goes to $220 you're nailed no matter what gold stock you hold, but at least in this one hope would remain of an economic mine(s).