FML 7.14% 15.0¢ focus minerals ltd

ti update, page-19

  1. 682 Posts.
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    Hi,
    As usual great posts from Pinto, CW and others.
    Excellent infill drilling results IMHO with more data awaiting assay, no doubt some significant results will rear their heads too.
    FML SP is in the doldrums, however so are most goldies world wide it seems. Gold price also depressed ATM, however this article may shed some light on both SP and gold price, I urge those interested to read it:

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/20_John_Hathaway_-_Gold_is_Making_a_Very_Important_Bottom.html

    Assuming diamond drilling starts this month, we should have assays back by the end of June. If these assays reveal an ore body, we should see significant upside of the SP.

    CRE has been a millstone around the SP's neck so far, however IMHO once the market understands Focus have turned this around, we'll see the rerating in SP we all crave.

    A poor time to sell FML, and a good time to hold, or buy IMHO.

    DYOR,
    K

 
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