how low will sp go??, page-15

Thought I would add an observation on the current share price.

It seems to me that the market made its judgement call based on the fundamentals of what was contained in the March quarterly last Friday as that is when the sell volume dropped off.

In the absence of good or bad news from FML, any drop, or recovery in the share price this week is now being driven by what is happening to the price of gold and the world economy in general (including the latest Australian Federal budget).

Would thus expect the FML share price to fairly well mirror in the coming weeks, the percentage gains and losses of most other gold stocks on the ASX.