FML 0.00% 18.5¢ focus minerals ltd

my apologies, page-17

  1. 2,434 Posts.
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    Pinto,

    many thanks for your input.

    As always there is a fine line between what you feel and can know as a certainty.Good on ya for stacking up a few more until your belly's full and keeping mum.Like many,wouldn't risk trading one of them, if it was something i was into.
    Certainly FML has always attracted the right people and i doubt its the pay scales.

    Even having understood the need for some form of tightness of information since BEFORE CRE popped onto the scene and have respected the company's management for their moves since,i have had to live on the flow of information that i can garner.Certainly we are seeing the play out of moves and grades foreshadowed 18 months or more ago.All i'll say is they have deliberately kept that Coolgardie drilling VERY VERY SHALLOW and once the tops off these pits no doubt do some more VERY VERY SHALLOW drilling.Of course its only because these pits and the ore resources are all so very shallow anyway-OF COURSE and they are cheapskate miners.

    I have felt there is much afoot and much to thank management for,ESPECIALLY KEEPING FML INDEPENDENT and takeover free,to the future benefit of existing and well researched shareholders who are holding on tighter than a constipated turtle ever could.I can imagine there is a good number of holders,off to one side that would make a total takeover attempt impossible and very embarrassingly costly for any trier.

    Always saw a MINING HOUSE with growing specialist skills,for making the marginal quite profitable "in the making".Explorers but a dime a dozen with one ore miners at risk of the particular commodity price fall,or collapse/hick-up in their ORE supply,as occurred with CRE.

    As general commodity prices linger,many smaller operations are there for the taking,for the right price i.e. next to nix,if you have some spare cash,your willing to let sit.
    FML has shown it will let the Mount sit,until it was ready,as well as Nepean nickel awaiting better market conditions,for its premium resource.

    DYOR+DYODD

 
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