RE:RE:ValuationMat, you were right some more than year ago about the FF hard time yet to come, I sold most of it (just 5k shares left) and moved out to bunch of other promising companies like ME.T and NRG.V. Newrange is particularly interesting. As for FF drill result - it's very mediocre small enough project, more money needed despite resent financing, split is coming. Look at nrg I'm sure you like it. All the best to all.
materialsgirl wrote: Bob;
Like you I would have expected that $1,500 gold would
provide some fuel to drive the share price.
2 or 3 years ago FF was claiming that some projects
would be viable at $1,300 gold. They were exaggerating
and everyone knew this.
Many observers, like me, did think that $1,500 would do it.
We were wrong. Investors have been burned by bad and
greedy management in the gold space over decades.
Mining is a bad place for investors as the products make
suppliers price-takers and historically most commodities are
in excess supply. Brief periods of shortages are met with a
big boost in production and we get oversupply again.
This principle applies to whole mining space; precious metals.
base metals, iron ore, coal, potash.
Having said all that the FF share price performance is
disappointing
mat