FML 3.57% 13.5¢ focus minerals ltd

approve the placement i say, page-21

  1. 1,746 Posts.
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    Just thought i would give you guys a little encouragement. I dont hold stock in FML, cash costs per ounce produced are rediculous but some of the companys assets have the potential to be up there with the best. The Mount Mine is at present being mined around its central core, there are many high grade veins down on the lower slopes and on the flats that run parallel to the main lodes. How do i know this ? I used to own the ground in 1987 until it was stolen by a couple of scumbag eastern states twin brothers, who now have their fingers in a biofuel company.The potential of the Mount and surrounding area has not yet been realized. Treasure Island. Apart from the outcropping on the island itself, Out on the lake there are very small outcroppings of malachite which unless you are standing next to them you wouldnt know. Thats where i think your potential elephant is. I am neutral on the pros and cons of the Hanlong deal but the reality is that Focus will never realize the full potential of its ground unless a massive injection of funds are available. I wish you all the best.
 
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