FML 15.2% 14.0¢ focus minerals ltd

chairmans letter, page-37

  1. 21 Posts.
    I know this is off topic but the only other ore feed for Granny besides there own and us was from Range River Gold (RNG)from Mt Morgans Gold mine. Started in 2010 was ment to have a 5 year mine life from my brief reading about that company. The state if that company well you can read about that if you care.


    The Letter part.

    I personally didn't gain much more from it than what has been thrashed out on this fourm over the past weeks. However as other people have stated it was communication from management to shareholders with attempted point of view from shareholds (again something which has been talked about as in lacking)and also out lined DT personal feeling about the deal both risk and reward.

    It is like playing Blackjack at the casino and betting behind a player that has won a few hands and has a good vibe.

    I am for this deal but want more information, but at a loss as to what information i am wanting to hear if that makes sense. Something I do know is I would like to see a 1 and 5 year plan on targets both inground development, production chain development and production target. So *I* can see their future and goals even if it is a only a guide.

    The drilling targets well I am not a driller nor a geo so I dont care where they drill as long as they belive it is were people with more knowledge of the land and drilling expect the best bang for our buck.

    It seems we have to do a trust game with alot more people than we would like. Trust is a funny thing, people put trust into some pretty strange things with very little thought and alot of thought into nothing.

 
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