FML - Focus Minerals

[nizar]

Broke out a few days ago.
Still going.
Note the obvious increase in volumes the last few days.

Tech, id be keen to hear your thoughts.
ie. especially would be nice to see your 1min chart with those red/green volume spikes.

And general comments including where you think this may be headed the next few days based on your experience with similar moves.

Not quite all time highs yet, all time high close is 6.7c and intraday 7.2c, but pretty close.

 

[tech/a]

Re: FML

Its pretty volatile takes a bit to get it moving.
Here is a 1 min chart a few minutes ago.
Seems to be more accumulation than selling at this point.
I personally like to see highs taken out regularly.

 

[chris1983]

I do like the look of these. Especially after reading through what they have. Good potential.

 

[Freeballinginawetsuit]

Stumbled across FML.

FML's been in a general uptrend since July 06 with the occasional spike, currently sitting at support after a pullback.

FML has a decent well funded JV on the go, with lots of potential near term in 07. Low MC considering thier prosects.

Brokers report attached, worth a read.

http://www.focusminerals.com.au/documents/FML_RMR_2-3-2007.pdf

 

[mildew79]

potential target if interested. buy at triangle break. conservative target @ 0.058, aggressive target @ 0.062

 

[Freeballinginawetsuit]

potential target if interested. buy at triangle break. conservative target @ 0.058, aggressive target @ 0.062

Hey Mildew ,

FML went into a halt this Morning.
If youre not in them already 5.6c on vol confirmation would be worth a ping!. Probably going to gap past that on open though............could go anywhere really.

 

[mildew79]

if it gaps too much above break point at next trade, rewards may not be worth the risk as far as the pattern trade go. target of 0.062 is not very attractive if the best i can get them is higher than 0.056.

all ords is due for correction. therefore...perfect entry or no entry at this stage, as far as im concerned anyhow

 

[Captain_Chaza]

Crikey!
What a choppy day at sea flying the FML has benn today
I hoisted on the open only to see all the wind fall out of the sail as quick as it arrived

It would surely make any a less experienced seaman quite seasick I think
Let's hope things settle down this afternoon Eh?


Salute and Bon Voyage

 

[Freeballinginawetsuit]

Crikey!
What a choppy day at sea flying the FML has benn today
I hoisted on the open only to see all the wind fall out of the sail as quick as it arrived

Salute and Bon Voyage

That would entirely depend on youre timeframe.

Not many stocks around with a MC like FML and a willing JV partner willing to fork out 12M for a piece of the pie upfront.

If Nepean gets off the ground (and it seems as though it will) FML are a no brainer by any yardstick. Even a retard punter shouldn't have any problem crunching those numbers.

Short term once the SPP (gets issued) and it hasn't yet, many of the small punters will probably flog em off (considering thier sitting on 100 percent gains).

Should see these quickly swallowed up though IMO.

 

[Freeballinginawetsuit]

Decent volume for FML from the outset today, seems that the gumpies selling off from the SPP will be soaked early, new support perhaps at 11c.

Still holding

 

[mobcat]

Shes had a nice strike today i hold and this is a huge find for the company looks like the levals of 12.5 are not going to last long good buying with the market still to realise potential of this one gold is hot atm

 

[Sweet Synergy]

The FML chart is looking interesting. If it moves up with volume it will be breaking a significant resistance point on the monthly chart which has formed a large saucer. The daily chart is currently consolidating in a large pennant. Nice target if it breaks. (Invert saucer to get a target of 21.5c). Would be more interesting if the recent volume was confirming an upward move .. not giving any clues at the moment really .... just have to wait n see. I'll be waiting for a break with BIG vol.

 

[TedE]

The FML chart is looking interesting. If it moves up with volume it will be breaking a significant resistance point on the monthly chart which has formed a large saucer. The daily chart is currently consolidating in a large pennant. Nice target if it breaks. (Invert saucer to get a target of 21.5c). Would be more interesting if the recent volume was confirming an upward move .. not giving any clues at the moment really .... just have to wait n see. I'll be waiting for a break with BIG vol.

21.5 cents... I hope you are right about that. I managed to get in today at 9 cents. I'm beginning to like the occasional global sell offs... they have their fringe benefits.

Bring on next week.

See ya,
Ted

 

[born2win]

anyone holding FML?

up 27% today, breaking the .12 mark


Getting ready for a break out.

 

[camaybay]

Yes, but seems to be quite quiet in the ranks. Very good prospects and now starting to reflect in SP. Producing by end of year with recently proven upgrade in ore. The infrastructure is in place from previous operator. TSX partner.
DYOR
Cheers

 

[juw177]

Up 13% today after consolidation in the past few days. Is there any upcoming news that the market can be expecting?

 

[Ken]

FML has over 1 million ounces of gold.

Is going into production.

In kalgoorlie.

Does seem like a similar to play the recent Integra Mining which has gone from 10 cents to 50 cents in 12 months?

 

[Ken]

ANY VIEWS on FML?

There seems to be some volume lately. A few 5 million days.


I am just wondering whether this has been overlooked.

They will be producing soon.

Nickel and gold.

 

[MS+Tradesim]

It's on my watchlist as an investment (as opposed to trading) stock. Would probably prefer to wait until BFS is released before buying though. If it takes off in the meantime I'll buy a smallish parcel. But wanting to see BFS first to do the sums. My other spec investments are CVN and ADY. Hope it doesn't mimic them before I get back in. And yes, I think it has been overlooked.

 

[Ken]

I have been drawing a few charts and i think the time is coming for FML where something is going to happen.

One way or the other FML is going to break up and continue along its trend or break down.

i dont know which way.

but just going off my charts. where are getting to a squeeze point.

am i clutching at straws?


a lot of things seem to be lining up in a strange way. it might just be a day where kicks up to 12 cents...

not sure. but i think some action either way is near.