WilliamShanShan wrote: "The market crowd never gambles now."
Yes, that's a very good point. Everyone is so cautious that for any speculative stock to rise in this environment is impressive. People are perhaps worried about demand for iron ore decreasing in the near term, but I've just read a report saying that the Chinese economy is still tipped to grow by 8 per cent or so.
One question that remains for FMS is: if excellent news, released on a weekly basis, fails to put a rocket under the share price, what on earth will? Perhaps a JORC statement, when the time comes; failing that, a takeover bid. Any other ideas?
Ann: FMS Weekly Drilling Report No 14 , page-12
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