William shan shan you don't have a clue what you are talking about, seriously... Do you know the what the diference is in grades between DSO and iron Ore?
FMS is my view is over valued peoples the grades were poor...Silica content is FAR too high....
I have followed this stock for a while and have been a fan but i don't lose sight of what true vale is for that is the difference between realising a profit and holding on with HOPE.....
Iron Ore stocks with inground resources are being valued at around $.50 a tone. I don't have time to go into the specifics here but if you go of that then FMS should be trading around $.065, that is what the rest of these junior iron ore companies are being valued at so why should fms demand a premium to their share price????
Best of luck all,
FMS Price at posting:
8.2¢ Sentiment: None Disclosure: Not Held
