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16/04/18
20:54
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Originally posted by pbx
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Frivolously tip-toeing multiple flavour-of-the-month projects can be as financially unyielding as a mono out-of-market-favour effort.
There is not much point in drawing comparisons with the past.
I am not totally rejecting your SP forecasts, however for stages 2 and beyond to eventuate the 3c barrier (~double the not so long ago peak) will have to be broken, and for that to happen some serious paydirt will have to surface soon. Time is not exactly a commodity in abundance.
All in all, thanks for the ramping. We do not see much of it in these parts and it has become a necessity.
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Thanks for your response.
In 2005 I bought FMG at 24c and hold, many people said I'm crazy because in 2002 - 2003 FMG just like MLS now .
One year later, 2006, FMG seen at $1.00 mark.
Three years later FMG hit $13.00
In 2016, many negative news about FMG when SP came down $1.40 mark. 2017 seen $7.00 again.
That's the Market.
I got many MLS good size parcels at 0.4 - 0.5 .
Last running I seen and informed this thread:MLS Buy at 1.1c . I didn't sell even 1 share.
Going to buy more at this level and Hold.
Maybe another FMG for me.
Best wishes to all.
Cheers.