Bit of an uptick in PMs and Copper, and bit more green on the watch lists today, albeit on still low turnover, HUI maybe turning up at last, and Stew Thompson on the bubbly on 321 Gold. Good old USA also stumbling at the clifftop, again! and will likely repeat just to keep us all on our toes.
What does it all mean, I don't know, but maybe lots more printing, and for FML and other cashed up goldies a much better year ahead. FML company now with $225 million in the kitty and earning interest too at around ($9-10 million bucks a year currently) if it sits on it that is. Who knows what they will uncover if as seems the plan the company ramps up maybe one of the biggest junior gold exploration programs in the Goldfields seen for many a while. Be nice to see some nice wide hits come in across the Coolgardie and Laverton Goldfields/ operations, with something to excite coming in from Deano out on the lake.
Lets all now settle down and give them space to at last become the company what we always hoped they would. With big brother watching closely now, my guess is they just might. But give them a little time to dust off the plans, and prioritize the projects.
Keeping a close watch on turnovers (maybe starting soon and a sea change in sentiment still to come, and just maybe our Focus will morph into something special out in the Eastern Goldfields with lashings no more for long term holders.
Still unable to give a buy sentiment on this yet and after disappointing us all for so long now need now to see some exciting results come in, plus a major increase in reserves combined with something positive to look forward to on costs. But exploration will more than likely be the real driver in 2013, and will be watching closely once the drilling begins.
Brand New Year and Brand new Start for Focus Minerals? and time soon to out perform. Like to think so anyway.
cheers
mamba
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