RE: great companyIn July when FMM was a buck and a quarter I tried to warn FMM shareholders that FMM was a hole that was going to get a lot deeper. I got insulted by buick53 for my trouble. He can stay w/ this ride if he wants but T.TRY is the type of ride I'm looking for.... ask yourself which is the better company and why you are in what you are in. And I'm not just talking FMM. Luck to all.
This is the cheapest value gold jr I've come across that has an 8 year dividend record and is trading at (Now UNDER) cash value. New mine fully constructed and commissioned; coming on at $300 US oz cost commencing early 09 - and iron ore that could/should reduce the cost to virtually nil. Permitting for iron ore fully expected, 43-101 in place, offtakes being negotiated - will only cost $5 million to get it into production. Plus a fully operating mill in storage and two other mills that are ending production at their mines in 2008/09 and must be worth something. Coal in Mongolia and a recent jv deal w/ Rio Tinto (just terminated, but not the prospectivity).