The point I was trying to make is that regardless of the company and people's perceptions, strange things happen in the market.
NAV went from 50 cents or so to over $1.30 and then crashed. It never came back. BHP went up from the $20's to whatever ($50 something ??) and then took a big haircut, but recovered.
And as far as fundamentals are concerned with these types of gold shares, IMO they mean little at this point in time to either of them.
Big always seems to be better in the market in times of crisis.
Whatever the market sees it sure doesn't like about FML as it seems to get sold off no matter what. Gold up again yesterday and FML is off again today.
Speaking of NAV, I can't really say what I want to about the previous person in charge and the games that I think went on there during that time, if you know what I mean.
That being said, NAV has way outperformed FML over the recent past and will probably continue to do so given the startup and hype that will generate.
FML Price at posting:
5.6¢ Sentiment: LT Buy Disclosure: Not Held
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