takeover from fml or rio.... dj market talk, page-16

I have called the company Bello and its hard to get through. My first trade saw a good return at 3.8c and I made one other in the 4s. Happy with that...better than buying her at 15c. Price, momentum, nearology, conceptual models based on local knowledge & analogies to FMG mean one thing but for real fundamentals to be uncovered, more has to be divulged.

I only take interest in stocks that I am looking at to buy bello whether down the track or now, and before I buy I need to complete DD and understand the risks. Also, today is a very quiet day so I have time to look more in depth.

Managing risk IMO is what the spec resource sector is all about, particularly post blue sky ann.

Of course, their are positives in FDL atm - no doubt, we all know thewm, but to to asess the possibility of a reward is vital for me to make a decision either way. No harm in viewing the downsides.