fml valuation help!

Hi All,

As you may know I recommended this share to some friends (only when asked) when it was about 9c, since then it has tanked, and as you can imagine, some of those people are not happy. One just wrote the following as though I was an idiot to recommend it. As this is the "FML Lovefest Board", can you give me some possible responses to the following or is it all pretty true/accurate?

IE
PS This is why I will never give a share market tip again...

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Had a chat to my ex father in law (Geologist and founder of diamond and gold deposits in West Africa, suffice to say... he talks I listen) The reason these stocks have not gone up is that they are overpriced and they have 4.5 BILLION shares available which gives them (Focus) a net value at 7cents a share of $300 million. Quite a bit of money really seeing they are trying to get 100,000 ozs per year production and currently this calendar year are on track for/ estimate only 70,000. Anyway, another thing, they have quite a unique set of drilling challenges in that they are in the middle of a salt lake and if that floods...
I will wait see what they do on Monday. I notice they went down AGAIN today mores the pity.
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