RE:Phenomenal news for FFIMO, this is the key takeaway: "Newcrest last month agreed to pay about $22.8 million for a stake in a developer with assets in Ecuador, beating a competing proposal from BHP Billiton Ltd."
What the market needs to see its lots more of this competition, and more agressive bidding wars. You don't beat a company like BHP if they are really serious about a takeover.
When things heat up to that level, FF will have so many options it will make their heads spin. But it could be awhile yet.
You have to be in this for the long game, and (preferably) take some profits along the way - at least if you are an impatient old fart like me.