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Alias Born 11/09/2009

Re: None

Tuesday, 11/10/2009 12:24:49 AM

Tuesday, November 10, 2009 12:24:49 AM

Post# of 221875
Further facts on Bouse : In 2008, FFGO repurchased and cancelled large of numbers of its own stock. To assist in the cost of these repurchases, FFGO exchanged a total of 519,497,456 shares of Bouse Mining Holdings plc. This means that FFGO parted with no less than 26% of Bouse to third parties. Who are those third parties? This data was obtained from FFGO 8-K filings. Searchlight owns another 9.99% of Bouse, a known Lumb associate. It looks like Lumb (I stress, possibly) is now well positioned to get ownership of Bouse. His people would know where to get the stock in Bouse if he wanted it. This means that FFGO's stake in Bouse could mean that Lumb will bid for the Company to get 100% of Bouse, we think that this all serves to make FFGO a value play. With Gold at these levels,coupled with Lumb consolidating his Mining Interests and the cheap stock price of FFGO; it makes sense.
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