FML 11.5% 11.5¢ focus minerals ltd

help with cowan strategy, page-15

  1. 2,158 Posts.
    Good research Tri2,

    This trend is expensive to drill due to its nature. No worse than a normal vein swarm deposit however. The anomaly to the east however looked complex and prospective. Mapping showed the oxidation was deeper and this presented an opportunity for the cheaper aircore progrqam he and Phung had used with such fantastic success just to the north several years ago.

    That is now history, the following program was highly successful and now the market waits for FML to get its act together enough to get in there and work out what they have.

    This has to be very close now. A 12 month consolidation in gold now looks over - conformation needed but getting more confident here with gold sitting up under its top BBand still after shooting straight up to it.

    This will greatly assist a higher cost producer like FML with earnings and free cash flow. Do not listen to the ill informed, no offense meant but some of what I read is so off the mark. The grass roots signal from the eastern anomaly has the markets interest but they wait for confirmation also from the DDrill.

    Have a great day,
    CW
    DYOR&DD
 
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