up we go, page-59

Thanks for the info longjohn. Are you a pirate/treasure hunter by any chance? Would FMS be the treasure you're after? lol

IMO really the best (only?) option FMS have is to have the ore carried by RIO or to strike an agreement with RIO like IOH did and I'm interested because of that possibility only. In my mind, all the other so-called options are red herrings. There's no way they'd be doing a deal with any other majors. The talk of waiting for a FMG Solomon railroad is a bit far-fetched IMO. I think the strategy is to give outsiders (including RIO) the perception that FMS had a lot of options so as to increase their bargaining chips. But in reality, RIO holds all the cards. They don't need FMS, but FMS needs RIO and RIO only.

Of course, if a China deal comes out of left field, I'd take my hats off to management too.

My other concern with this stock is the overhang with FEX and also the constant capping. So far I've only been trading this one.