FAS is a concern .. its cash burn for no return, no proven resources - speaks for itself.
Better credentialed companies have toppled over - such as GLN. Everything seemingly going for it - a mill oz gold resource and refurbished plant .. then the announcement that it was in financial trouble.
I'd be personally wary with FAS.
i'll also welcome a serious all cash offer. .. but with cash disappearing fast I'm not sure if that will be forthcoming.
Debts are a certainty for FAS .. takeover not so sure.
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
