FML 10.0% 13.5¢ focus minerals ltd

Welcome back, Sik... I thought you might have taken some FML...

  1. 624 Posts.
    Welcome back, Sik... I thought you might have taken some FML profits and gone on a long holiday...

    IMO we may be witnessing the beginning of what some have long thought coming - GFCII.

    IMO what we need is POG to end inverse realtionship with USD - people still flock to it rather than gold in times of fear. I think that will change... maybe when all realise USD is toilet paper... As I said to Pinto a few weeks ago - everything will get hit initially but IMO goldies will then have their day.

    And with AUD POG still still well over $1200 FML is very very profitable (Remember, because of hedge, FML have never earned 1200 poz previously.)

    So... for all holders - let GFC II come - FML can weather the storm and it will just precipitate the big rise in gold many have been waiting for...IMO

    Cheers,

    C12
 
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