hartleys research, page-15

On the face of it Bigstock it may look like a poor strategic move and i'll be the first to admit that when announced i was very concerned.
Fortunately FML's strategies have proven over the last few years to be very prosperous over that same period. If you're after quick returns and to maybe get back any losses on CRE within 6-12 months you probably will be dissapointed.
FML has a history of activity which invests in growth over extended periods and the purchase of CRE will have as much to do with aquiring the infrastructure as anything with the bonus of some OZ's to go with it.
You said it yourself in your opinions of CRE leadership in that they destroyed a great opportunity in a flying gold market and basically brought the company to its knees with the result a cheap buy out by FML. What i'm alluding to here is that i'm in FML for one thing, great leadership, strategy and managerial vision. (Well three things but all related to the personel at the helm) Trust in them over the next three years and the conversation in a few July's time will be very joyous.
Gold strong - yes, TI mega - unknown, Production 200,000+ prove it, Management proven- a big tick. All catalysts for a pretty big couple of years if you ask me.
Then again i am biased because i'm a holder.....