Reminds me of HUN same feel different minerals, less fpo in FMJ. HUN hit 40 cents and everyone said it would pull back waiting for entry itrose to 1.30 + and still there. Traders are not buying a lot I would say a bit of institutional buying for clients and a lot small bites which could be a make up of bigger buyers not wanting to push up to far and soak out traders and smaller buyers who will put away. Thing to remember is World Class mine, announce that and even at $2.00 its a mc of 92 mil with only 27 mil shares out there as 19 are escrowed. The way its going 70 cents today is not out of the question. You have to ask yourself who is buying and Why because there not coming back on market for a cheap gain
FMJ Price at posting:
62.0¢ Sentiment: None Disclosure: Held
