I do not understand why some "speculators" . . . those who buy into gold explorers/cum developers/cum producers . . . cannot see the advantage of allowing a proficient management develop a quality company.
There are some that expect an unreasonable return on their speculating . . . at this stage the talk of dividends and consolidation as opposed to putting back into the company some of the profits only serves to create uncertainty.
Perhaps a share buyback would be a better option if there was "spare" profit floating around.
I am comfortable that we have a management that is working to build a major gold producer, when (definitely when) this happens all the nice things like dividends and consolidation can be considered.
I have been holding and adding to my portfolio for the past 3 years and I am prepared to remain a speculator with a speculator's outlook; and hope it all comes to pass in our favour.
As one says: "when all the stars align!"
Be reasonable and rational in what you expect of the management, there are not many goldies that are setting up as well as FML, we are lucky to have this opportunity to get in on the ground floor of a stock that has the potential to be a speculator that succeeds and makes good.
Just my view, thanks Jahar
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $44.41M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 13.0¢ | $5.792K | 38.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 362 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 20120 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 362 | 0.150 |
2 | 7509 | 0.130 |
2 | 26870 | 0.125 |
1 | 33474 | 0.120 |
3 | 27181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 20120 | 1 |
0.160 | 11109 | 2 |
0.165 | 34919 | 2 |
0.170 | 10000 | 1 |
0.175 | 16889 | 3 |
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