Hey Barry... yeh a lot to like about FML... but FML have over 1.2 billion shares on issue plus options... ARX only have 150 million on issue and 85% are held by the top 20 ( I like that).. ...production cost is around US$350 from memory for ARX and the piled ore exceeded the already expected high gold grades... but for now ARX are a much more risky punt due to having absolutely no money !! lol ... FML are on my watch list and have been thinking about it, but I may top up monday on some more of the mighty PNA @14c... wow.. 14c... scary market!! and for me ORP comes into this "buy" group as well... in 12 - 24 months we may all be laughing... maybe !!
Just some thoughts...
strange parcels, page-8
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