FML 15.2% 14.0¢ focus minerals ltd

the past, page-22

  1. 2,699 Posts.
    Derham I agree with you, look at my post (8560269)a few days before the announcement.

    ------
    "Worth a mention, Gold AUD just hit $1700.
    Only a matter of time before the selling is exhausted. Someone has the handbrake on, They are using this strength to close a large position. All the time we have churned through big volume holding 4.2. If gold stays at these levels or better then see you at 6c, until it pauses to consider where to next... 10c ??
    what was the price of AUD Gold last time we were at 10?"
    ------

    I rushed my previous post so perhaps didn't word it well.

    I'm just trying to make sense of a 3.6c SP either way.

    I am trying to guess what the market is thinking valuing us so low as gold climbs ever higher (doesn't mean that's my view).

    either way i think we should be well over 5c by now, hence I am buying more !!
 
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