fml is no laughing matter, page-12

gravscan --- almost all the goldies are in the same boat sp wise ------- but their conditions are different to fml

so, it is very clear that it is NOT related to fml particularly.

So on point 1 -- I refute

point 2 - the market doesn't foresee at all - it is fallacy - the market in an easily tradeable share couldn't see past the end of it's nose --- want an example - 1000 point drop in an hour with no news ------- that ain't foreseeing, that's reacting. so on point 2 - I refute.

point 3 - yes possible - but that is where the punt is, isn't it. And can anyone really see that fml is going to run out of dirt in the next 5 years for putting through the mill, even though reserves are not yet proven??? -- I think the only ones who would doubt this would be ones who don't know the company well or who have missed their medication

- so point 3 ---------- debatable in my book, but you might be right.


Who would buy into companies that Warren Buffet buys into at the stage he buys in --------- not many. The only reason why they think it is a great move when he does it is because he is famous.
Others find the companies -- AFTER he has bought them.

Let others find fml ----------- after we have bought in - I can live with that. :)


pinto