Still lot's of hope for future...
posted on
Apr 28, 2015 01:53PM
Many signs are pointing to higher gold prices...Greece,Ukraine,Fed policy,central banks ie Russia,China aggressively buying gold,instability in overseas etc.etc. so Gold holding and going higher is very important for us. I believe the climate is starting to bring out investors that see value in Juniors like FMG....in spite of the long delay in finding a partner our prospects remain good ..IMO.
The fact that we are in a similar belt to Alamos and the potential is there for another large ore body is very good! The area has attracted 2 majors ie Vale and BVN. BVN did weeks of DD and would of done a deal with us had they not had their own financial problems. Between FMG and both our neighbours this has to be attractive to a smart investor!
Jim is unrelenting in his efforts....but more important he has the skills and energy to execute a business plan! I would think this would be important to any investor! We have the property..we have the business plan...we have a guy that can make it happen!
Ok so I am preaching to the Choir...just expressing my viewpoint that this will happen!
Some day read the story of Colonel Sanders...he had a business plan for KFC..he was turned down over 100 times and was sleeping in his car .until he found the right investor..you know the rest of that story!