FML 0.00% 19.5¢ focus minerals ltd

Someone is pushing down the price, page-12

  1. 514 Posts.
    thanks for the reply Cosmos
    I think you are a little behind the times Coolgardie operation is up for sale lock stock and barrel
    In regards to Laverton they processed ore under agreement with Barrick Gold at Granny Smiths under the old management regime who had a far better handle on how to run a gold company than these guys(and that's being polite)
    It's been 5mths since the AGM when they announced all their proposed exploration programmes which include Bonnie Vale at Coolgardie where they had no intention of doing anything as at that time they were talking to NST and EVN for a sale (both have since walked away) Not one announcement to date to let any shareholder know what's going on The only announcement they have made is a please explain to the ASX why they did not inform the market that they put Coolgardie on the market
    Do you really think these guys know how to run a gold company I DON'T
    I could go on but there are just too many negatives here
    The Chinese will never get back the $250mil they invested in Focus and they only have themselves to blame unfortunately many shareholders have lost a lot of cash here Me included
 
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