FML 5.26% 18.0¢ focus minerals ltd

just what the doctor ordered.

  1. 153 Posts.
    FML have just increased their potential several fold, IMO.
    The story was ordinary and everyone had factored in the production story and the nickel.
    But now there is a new potential in the company.
    This exploration play has the potential to become a major find and it will attract the radar of the two neighbors, being Goldfields and Avoca.
    Big gold deposits have other minerals associated with them and this one has a similar chemical signature.
    From last announcement "Assay results have now been received from sixteen rock chip and grab samples
    (see figure 2) which returned outstanding copper grades including 8.53%, 2.87%
    and 1.51% Cu as well as anomalous gold, silver and nickel result."
    This is similar to the great orebodies of StIves (Kambalda), Telfer and the Super Pit.

    IMO this isnt a small deposit and shows the makings of something significant. Still early days though.
 
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