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gotta laugh, page-22

  1. geos
    1,154 Posts.
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    23/12/04
    17:30
    Post #: 731571
    re: fcn There are a number of books available on mining. If you are into mining companies you should read up first.

    FCN probably has 10-20 drill holes into the prospect, and it is just a prospect - it is not an ore deposit and it is no where near being a mine.

    They will not make a profit for 3 to 10 years after they have found an ore deposit.

    Exploration companies have a high failure rate.

    G
    CMQ Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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