FML 2.78% 18.5¢ focus minerals ltd

***** video news clip re juniors...

  1. 2,234 Posts.
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    Hi All....

    Just came across a video news clip on Kitco.com titled, "Juniors to Hit a ...... Fiscal Wall?". It is worth listening to as food for thought, I have no knowledge of who "Brent Cook" is so you can either take on board or disregard what he is saying. It can be accessed on their Home Page and is under 'Breaking Gold News' which is the first section on the page.

    The aspect raised here (and I do recall hearing these concerns from other quarters) is one that worries me going forward. So, today I am sending off my YES vote because I do not want FML to be still at the starting gate when gold does take off which is looking likely to be sooner than later if you believe the number of 'analysts' out there spruiking it - some are saying it is 'very close' - who knows!! To have had Board spill and question hanging over our heads re financing going forward will only, in my view, harm the future of FML. I am of the belief that the Shandong offer, for me, is the best chance of getting my money back in the short term and it is only from that point will I be able to judge whether it is a buy, hold or sell for the longer term.

    Part of me thinks this Company can be a money spinner after all. I have had my share of dud investments so my opinion may not be worth much. If judged on the share price alone, I do not want to be sitting on an even heavier loss waiting around for some other gold company raider to come in and mop us all up at say 2-3cents per share...if we are lucky!!! For myself this would be fairly catastrophic.

    So, in the post it goes. I can only hope and pray that I am doing the right thing - I truly think I am - because I do not want to be 'tarred and feathered' by all of you as we come out on the other side of this Company-making or breaking vote.

    Cheers...
    Cazzex


    PS...I promise not to 'tar and feather' any of you....each to their own.
 
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