tells the story

I thought the final paragraph in this article from Kitco (4/12) very appropriately describes the situation for FML. Patience required!

Intelligent speculators in exploration/development-stage gold mining stocks have made huge sums of money over the past several years and are very likely to make huge sums of money over the next several years. However, to play this game well you need a lot of patience because short periods of frenetic price increases are usually separated by very long periods when the stocks drift sideways or downward. The idea is to methodically build positions during the long periods of 'drift' and to harvest profits during the relatively short periods of speculative frenzy.

Steve Saville