is this a screaming buy or what?, page-3

Hmmm thanks vlad, seems like you're in quite a few stocks that I'm interested in lol

I was just wondering whether I missed something because this really is a screaming buy if my back of the envelope calculation holds a bit of water. Sometimes P/E can get to ridiculous levels - my favourite stock currently has a P/E of 5.6 which is insane. So even applying that to FML, it's still a buy at 7.7c (using your 40m - FML won't be paying tax for a while as I understand it - soaking up the tax losses in prior years).

Ah, good point on the lower grade ore. I actually think that's a smart move by management. Producing the lower grade and the more obvious mineralisation. As gold prices start to rise, the higher grade.

I was wondering why there hasn't been any real interest in the stock, despite the TI results. Yes, there's going to be more drilling on the Island in the lake apparently in mid Jan. Since there hasn't been any interest re the 59g/t hit at TI (albeit at surface) - will there be any reaction on the next drill results, and when will they be?

Very interested in this one indeed.