Cheers Bin, FML is a tricky beast... lots of ounces. But the 50% holding by the chinese and their lack of interest in actually producing anything turns me off big time. I look at it as a Chinese land bank (but for gold in the ground). I can see why you mentioned it, as it has potential, albeit, half of their ounces are basically uneconomic at a strip ratio of 20:1... eek. But.... as a play on a much higher gold price, then it gets interesting.
While I am very biased... I have sort of wondered if they would look at GCY... but only because it has a second project that has a BFS.... 500k ounces and literally, an entire trend to explore, but... nothing has happened to date, so... mud on my face so far.
Apologies to any who might think I am cross promoting. The only other one I can think of is BRB, but... they are no longer cheap, due their perceived Lithium exposure.
EMR Price at posting:
96.0¢ Sentiment: Hold Disclosure: Held
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