RE: RE: RE: RE: RE: Let's discuss the companyJust because some hack with RBC says somethign about FIU selling one or both operations doesn't make it so.
If FIU was to attempt to abandon Ezulwini, they would be pulled into court forever by FN, and others who are owed money. The mine is viable, just because RBC say it's in trouble and that the report is suspect does not necessarily make it so.
The cost per ounce is not going to stay at 2400, and remember, that 2400 includes the FN contribution this year which is based on a minimum amount of gold which is almost 40% of Ezulwini's production this quarter. and next quarter also will not be nice but after that it will drop to 7% of their total production which in turn drops the price of gold significantly. Check out the prospectus, the price of gold would have been around 1600 this quarter alone had they not had to provide a minimum amount to FN. Remember that stops as of January 1 2012, I think our fears are gettign the better of us, I'm scared $hitless about my investment here also but thinking of selling either unless it's absolutely necessary is crazy because once it's gone, like selling shares, it's gone and could cost so much more to get back.
Of course this is only my opinion, adn no I'm not pumping this pig only tellign it as I see it.