confused, page-39

Hi elzephyrus,

What you say is correct, and yes have not dug too deep on this one yet as I am not quite ready with them. They are also roughly where I said they are 'right now' however - and FML is being judged for their last quarter in the market by at least one brokerage firm.

That was my point - judging right now and FML not getting as fair a go as some out there for reasons discussed and the fact is - other companies with much higher MCaps also have issues.

TGZ do have higher sovereign risk but the real positive is their forward plan. I will be keeping my eye on the stock for an entry point as they aim for - memory only here - 220k oz PA but this is where FML is right now. Their cash cost (TGZ) - if all goes to plan will be an envy of FML it does look good.

So hard to compare; I prefer to look at each company in its own right to ascertain where / when the SP might move upwards. So I dig through the 200 or so and if and when they jump out at me I group them into a short list and then dig further. Overweight positions require discussion with management and a lot more work again.

Good luck with this one I hope your timing was and is good. Hope you make an excellent profit.

Cheers,
CW