Agreed. Salivating at the prospect of picking up positions below a quarter and all the way down to a dime (doubt it will go that low, but definitely revisit .20ish).
Spot Gold should find a LONG TERM bottom anywhere from 989-1005 or maybe even higher at 1027-1045 (my bet is on 975-1025). But not until AFTER the Fed finally cranks the rate up by 1/4% beginning a long term change in policy. Then you will have the final capitulation low in gold and an immediate reversal back up after that first definite follow through announcement.
That is good for FFMGF over the next 3-6 months in order to pick up distressed properties. Then once spot gold bottoms, probably around May 2016 or Sept/Oct 2016 at the latest, then this puppy will begin barking.
Until then, FFMGF will be an ACCUMULATE and STRONG BUY all the way down below 20 cents. No fear. Just get it in gear! Plan your trade and trade your plan.
Dollar cost average every month all the way down and through 2016. Then make 3,000-5,000%+++ (when FFMGF is $10 minimum to $15+) exiting somewhere between 2018-2020 (and possibly $4,000 gold spot by 2020).
This is definitely a long term stock. Won't go up above 50 cents until AT LEAST mid-2016. Don't park your capital here unless you are in it for the long haul and possibly 2018-2020 timeframe. Prepare for a final low in gold when the Fed raises rates (Dec 2015, Mar 2016 or June 2016 are the most likely dates).
FFMGF reminds me of Seabridge Gold way back in the early 2000's when it was trading on the Canadian exchanges only at under a buck (2002-2004). Gold was around $400 +/-.
Same type of strategy in buying up undervalued resource properties on the cheap...just like Neumeyer's model. So look at a Seabridge (SA) chart from 2004-2008 and then 2009-2011 (after the 2008 meltdown in all resource stocks) to get an idea of what buying up distressed proven properties on the cheap can do for a stock's price over the long-term.
All of this is just my opinion and exactly the plan that I am following and intend to continue following. Just wanted to share what was given to me from the Ether. This is going to be one of those once or twice in a lifetime opportunities. Get ready!
