stock valuation, page-36

Pinto,
once again decent analysis of the situation.
March Qtr results won't be relased until April.
A lot of time and water passes until then.

By the end of Feb,CRE small holding sale will be complete.
March shouild be delist time saving CRE maybe $1m a year.
A while back someone commented-look how deep they've taken that new FML pit.How deep is it now and grades won't be 1.8g/ton either.
It's all a bit like being at the G'Gs and your make no matter what horse comes in--as you own the tote onsite.Just like brokers or banks taking a cut on every transaction.

I'm a happy sitter.Even comparing to NST which is sold to place funds here.NST's nearly doubled since,so the comapartive business value i place on FML,must be at least double what i paid.

Given what's happened since,it's even higher of course.

I see it at the supermarket everytime there's a special-there are those that pick up and nearly buy the half price special and put it back,because there must be something really wrong with it.Yes they know the product,it's the brand they like and the only one they buy----BUT-----and they put it back.

Next week they're back buying two at sometimes above normal full price to make up for the one they should have bought last week before they ran out and one extra for insurance against it happening again.

Such uncertainty--REALLY--like you just about beside myself laughing.

Good fortune and no disrespect to those who see it differently

DYOR+DYODD