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Hi Markco,
agree with your charts.

The results don't look good for FMS, the wording "encouraging results" in the announcement can also be considered as a hint to actually bad results. They just don't wanna publicly spook investors, thus the cautious wording.

The market Cap is still extraordinarily high, 160 M $ market Cap with a non-Jorced resource, a lot of impurities in the FE and especially other iron ore juniors, miners trading at all time lows.

I remember myself being a promoter of MXR ( Kevin Wills second company) and only considering the positives while I forgot about the risks, the negatives, and other concerns due to my one-eyed views. I guess I just didn't want to admit to myself that I could have been wrong with my decision to invest in that company.

Some people who were non-stock holders finally enlightened me and I realized that i was constantly day dreaming about those conceptual targets which we considered to be in the ground inevitably . I sold out prior to the results and spared myself a lot of cash due to listening to some objective views.

I guess a lot of ppl are doing the same mistakes in here because they get all worked up about this stock and fall in love with FMS.

I hope some ppl will realize the truth behind this company and are aware of the 160 M $ market Cap being unreasonable for what they've done yet. I am not trying to downramp as I am by no means interested in investing in this mob again.

Good luck to all holders.

Cheers