I shall clearly have to go back and have another look. Looks like I was too hasty in relying on the FML Quarterly Report. I could find reference to only 597,000 ounces. Even the 350,000 ounces estimated at The Mount appeared to be an afterthought. It's strange, unless I have completely missed something, that they haven't given a summary of all their reserves/resources in that report, as CRK alway does. The only summary is the 247,000 ounces. Maybe I should read previous reports and the annual report as well!
Anyway we all make innocent mistakes from time to time.
I would rather be in CRK right now at 90c than FML at 5.5c. CML lost over 80% of its value from the heady days of 07 and is up 175% from its trough and will probably go back to 10-12c. CRK lost over 75% and has only recovered 80% thus far. As Woodchips says it should certainly be around $2.10-$2.20 and may well be in a matter of weeks or months. It just depends on what is happening.
I shall clearly have to go back and have another look. Looks...
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