RE: buy?dirtyimp I believe yours is the question everyone wishes we knew but without inside info it is not practical to answer with any certainty. I f you have indeed been following as close as you claim you should have at the least a basic knowledge of the company. As I don't believe there are any licensed advisors on this board (including me) it is difficult to answer your question in depth. If you will settle for my opinion which is definitely not advice but just my opinion then you quite possibly have missed the buying opportunity most investors would like, that being the huge drop following the tragedy in Japan. The price fell to .98 and of course as you see it bounced back immedietely. That in my opinion is a very bullish sign. The type of resource this company will have to offer is something that is extremely hard to put a future value on but if we look at how the Lac Knife project almost came into production more than once we must consider how much has the demand grown compared to then. The answer to that should have you noticing the issues that were present then have changed drastically. Another point to remember because this is very very important, at present the management has stated clearly that their business model encompasses a mine to market concept. This of course does not eradicate the possibility of a takeover but leaves me confident they will try to avoid this if at all possible. If they are successful in this endeavor then let me ask you a question. What do you think the share price of FMS will be in let's say about 8 or 10 to 12 years from now? In my opinion this is my most solid investment in what I hold for venture investments and I expect it will make me a more happy investor than I already am and I am presently quite pleased with this company to date. You my friend are the only one who can answer your question unless you seek the advice of a properly licensed advisor. Hope this helps somewhat at least.
GLTAlongs