which is more likely?, page-2

Focus is a more risky proposition than some other gold companies, pure and simple.

Buying into certain other gold companies after the gold price threatened to tank was the low hanging fruit - the small return easy money that the smart players like to make regularly rather than waiting for ages to hit that one ball right out of the park.

This business about the market being right or wrong is a bit of a furphy. The market is saying FML is *risky* - and its right - it is!

FML may yet go on to greater things and derisk, in which case the market will give it a higher SP and still be right because it will be saying its now less risky.

If you are into FML now its because you have a greater appetite for risk than the smart players do. Accept it and dont pretend otherwise.