They got BMO wrong also, after going to vist management (I also got done on BMO), after F.P reassured that they were satisfied after visiting BMO operations, it then went into administration 2 weeks later. Makes one wonder did they have sunnies on when checking things out, All the whilst CBA were bailing, (one of the signs). Anyhow I stuck with BMO on F.P recco, after getting very nervous on BMO and was about to bail. However BMO must of lied through their teeth and pulled wool over F.P eyes whilst on site.
Anyway F.P on view operations,I an Not very impressed, with F.P ATM, but To be fair, sure they have done well in other areas, COK, AVO, SBM, TTR, to name a few etc, but They could of done much better, besides they put out a sell on Gateway mining on last wednesday report, maybe a typo should of been sell on VRE.I think they will now be extra cautious when analysing resource companies, and put some things in place to latch on to dodgy underlying goings on.
VRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
