"I'll have a buy order in at 4.9c tomorrow, with a stop loss at...

"I'll have a buy order in at 4.9c tomorrow, with a stop loss at 4.7-4.8."

For a volatile stock like fml do you really think this strategy can be a winner? ie having a stop just one pip below?

yes they did not have a very impressive last two quaters, but they had made market aware of the reasons behind it before the event(mill refurbhishmt, toll treatment) which is a good thing, I agree they have to have few consistent quater to get atttention,

FML is low grade(2.6/3gpt), of course it it, but it is profitable and will be profitable even at 1050 gold albiet marginally.
Just curious how many stocks with potentail/profitability like fml do you see around at comparable mcap?
High grade are hard to come by these days and even grade of 1gpt is now being considered by companies due to lack of availabe grades.

Jim slater has entered in two three asx based gold stocks, fml is one of them , why do you think that is?