fml,cre and the stone conundrum, page-3

Kent and others

After a quick look at stones OVERSEAS INTERESTS ex toronto listing,it looks obvious they are seeking,cheap grass roots,interests for $100k here or $60k there,where they can get the odd chinese Geologist picking on the ground for $7k a year.

Owning companies with "IMPORTANT" sounding names such as "FAIRCHILD"(secretarial services),I wondered,if it's small playing BIG.

I bought some CRE myself in the hope of an ANTI-UPPING offer to be met by FML,so i could get more fML for my buck.

Stone may have had the same thought initially,but not worked out that when no-one fronts,that means special skills were required to develop CRE.

Face it,buying CRE and getting an upped anti from FML would have been easy money.6.5c could easily have become 10 or more.

With A1 with a plant just the right size for an underground mine,Stone may have thought they had trumped FML there as well(fools).
Even i thought FML may have picked up a cheap plant and mining camp for that reason for maybe a million or two with the tenements thrown in for free from creditors.
Maybe stone was after a bit of tenement with a high grade u/ground mine on it ex CRE for it's CRE interest.
Maybe they think FML will refloat CRE and they'll get a FREE RIDE.

DEEP DOWN,i think it was meant to be a quick trade on borrowed money,making 50-100%.

Then excitement at potentially such a good buy,if production turns around quick,lets gamblers move onto the next bet,doesn't it.FML HAVE KILLED THAT THOUGHT.

A1,well we'll see.I certainly wouldn't bet odds on the Stone deal happening,but that is my opinion.

To me it's as if there's a bit of dealmaking trying to be done here.Sort of like selling the Sydney Harbour Bridge to Arabs 3000km away from here.Cre's got 1440 tenements A1 the same?,maybe and FML 440km tenements with the skills to possibly unlock such a large landholding in the "right address".A1's got an empty mill without ore.Cre one waiting to reignite.

It sounds the sort of story you might sell to the unwary at a profit,lots of upside,for a free carry of say 20%.
In a less connected world of say 10yrs ago,it may appear as a bargain.

Back to the STONE from toronto and that's what those cheaply paid chinese geologists are looking for isn't it all around the world,a deal/find to sell/pass to someone to develop it.

Australia is HOT in CHINA-but not all the streets are paved with gold or other minerals-nor tenements with the "right address"

Unfortunately for someone trying to "DO A DEAL" most experienced chinese mining interests have already made their investments in picked listed companies and honestly bought something to the table,be it money or skills.
With the internet,these people can work out what's what and what's not as easily as you or me.

The telling words in STONE's filing were
"ALL FUNDS ARE FOR TRADING"
That presumably includes the large loan to a director.


DYOR+DYODD MY thoughts are but fictions of an imaginative mind-----make up your own mind.