FML 11.5% 11.5¢ focus minerals ltd

Ann: Quarterly Activities Report , page-20

  1. 688 Posts.
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    Pinto I hate waiting for gold price moves, I mean it's not something you have any control over, where as the fundamentals of the business practices is. Waiting for pog movements is akin to las vegas I recon. Mind you waiting for you beaut drill results is also a little like Vegas also. I am surprised by these increased costs. They are high. Like 20 % hmmm got me wondering. These guys need cash, lets not forget they have a 50Million+ exploration (yet to be amortized)in past costs. Unfortunately i think unless the Mount proves up big time in the near term we are waiting for 12 months to free up some cash. Other opportunities are out there. Will wait to see what the market does. Certainly got me thinking.
 
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