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11/05/17
14:00
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Originally posted by GDoggy
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All true, however I still believe the market response on this is over the top. No matter which was you put it we still have more assets now then the previous CR and more applications in progress. The Sinivit is a bit of a bummer but we didnt loose it as we didnt have it. We just wanted it. In my opinion the Tolukuma EL is just as good. Rio Tinto definitely wouldnt be applying if there wasnt something worth while going for. I'm really hoping they buy the mine. If we are granted the EL we will be able to deal with them for any deposits we locate. Mean while we have assays on the way and JV visits in a couple of months. IMO we are loosing our short term holders who thought they would make a quick buck but as they now need to hold on for a longer period they are jumping ship.
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FNT definitely has potential but its under market forces for now. The other problem is a CR as 2c doubles the amount of shares to be issued to raise the same amount at 4c.