RE:RE:What I see nowI don't see them buying any large properties now, the time for that has past. Small aquistions maybe, but nothing real big.
The gold price has gotten too high and I suspect there's not a lot even available to buy now.
The Big Boys are already looking for those new resources to buy, in fact Donelly said not a few months ago they were being asked about selling some of the current FF holdings. He said they were waiting for a higher gold price before committing, which IMO is a very good move.
What is going on with the share price now is a screaming buying opp. IMO this selling is all related to the GDXJ rebalancing that is going to go on until probably the first week of June.
I was told by Derek in IR that GDXJ could end up selling millions of FF shares before it's over, so how cheap it gets is anyone's guess, but when the selling ends it will be a screaming buy.