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2.50% 82.0¢ red hawk mining limited

The financial tsunami pushes everything down. It is normal for...

  1. WilliamShanShan
    2,084 Posts.
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    17/09/08
    22:48
    Post #: 4279005
    The financial tsunami pushes everything down. It is normal for people to think the safety first if you could not afford the risks.

    FMS didn't follow FMG's price exactly and should not follow it in future. They are different market animals. FMS price will depend on the IO drilling result, the amount and grade.

    If 500mT with 53%Fe confirmed, it would do much better than FMG in performance/cost ratio.

    If no IO(seems is impossible), it could come back to $0.01

    FMS will not follow anyone but follow its IO. Slappi has shown a excellent probabilities for FMS IO.

    Guesswork never works in the market.
    FMS Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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