Well,
if you want companies that have crap management and crap business but their share price is ok - I can point you to over 1000 on the asx --
would that make you happy?
I judge a company on what the value is, not what the price is.
Value and price rarely coincide.
Most of us lt are very happy with management - and with the amount of gold that is flowing and being turned into cash - real cash - who cares? well, if the sp is 20c - it makes it 4 times as hard to add to your position - is that what you want?
Or would you like a quick profit and out? - Sorry, wrong company - perhaps you should try elders or telstra - or a mirad of small miners with stuff all, who have wonderful spikes in their share price for a year or so and then disappear into the nothingness - taking their shareholders with them.
I can put $50k on the ground and end up with 1m more focus - THAT makes me feel good - if most of the other mullets who call themselves investors can't see what some of us see - so be it!
If you know focus and if you want something that will be worth a lot in the next few years - AND IF YOU WANT IT CHEAP - well, guess what?
I would rather be seen as the bloke who 'GOT LUCKY' because he bought buckets of a thing called focus for under 5 c - I would rather be that than a 'god, I wish I had a few million of them'
At this stage I am rather happy that management is a big fail at being out looking like cheap tarts selling themselves - I am more than happy for them to keep drilling, keep a good plant going well and crunch numbers conservatively --- if you haven't noticed - that is exactly why focus is where is is now ------------ a profitable serious company going places - keep it that way thanks.
oh and btw - reserves are building - out of fully owned, high quality debt free resources.
have a good day Pinto
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