FML 0.00% 15.0¢ focus minerals ltd

has the rot set in?

  1. 309 Posts.
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    I think we have two groups of shareholders within our midst:

    The Long Termers who bought in for next to nothing and haven’t lost a lot, other than time and the potential to earn elsewhere

    and the others including myself who were sucked in 12 months ago with promises of wealth from Treasure Island, paying high for what we thought would be our path to riches.

    We are the ones who are suffering now, all having lost 50% or so of our Stake Money.

    The big question is do we cut our losses and bail or persevere with the hope that a White Knight will come along and buy Focus, thus enabling us to get out without too much pain.

    The way things are going I personally think it’s the only way in the short to medium term that we will ever recover our money, let alone make a profit.
 
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