twiggy - what a smooth talker and con merchant!

So - the announcement is out, and it is the smoothest talking bit of con crap I've read in a long time. Basically, all it says is that the ASX, the Fin Review, and all the pundits are just wrong, and that everything is hunk-dory.

Well, I'm afraid that I refuse to buy into yet more of Twiggy's hype and ramped-up projects - the memories of Anaconda linger and rankle in the brain. OK - so you may be able to turn a quick profit by short-term trading FMG, but who knows when the reality bug will bite again - perhaps when the Chinese counter with their announcement that all is NOT hunky-dory, and that they will NOT build the railroad, and that FMG will have no power to enforce anything in the so-called contract.

The whole deal just smells a bit too familiar - I think it's similar to something I trod in this morning... ;)

I have never owned any FMG, so this is not sour grapes, but I will continue to watch from the sidelines. Good luck to those doing the short-term trading, but I hope you all know when to unload, before the next plummet.....