FML 3.57% 13.5¢ focus minerals ltd

cre takeover maybe, page-7

  1. 86,621 Posts.
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    morning,

    "If you
    ant to buy a Gold Mining company cheap why not buy a blocking stake so that FML does not get over 90%. Do not accept any revised offer - FML walks away - CRE is worth virtually nothing and reduces to a 1 cent stock and you pick up a poorly run gold company for $12 mil.
    Sounds like a good tactic to me!"

    Thats a good plan if everything worked - and then you sell it lock stock and barrel to fml for 3c - a willing buyer.

    But all would have to play out and I am not so sure that would be easy to do - could be worth a shot though - does anyone know how these people work, I did find their listing after someone helpfully posted the code here (and thanks for that) - but I still didn't come up with any research about them bar a few financials.

    have a great morning

    Pinto
 
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