Go FFGO!!! .00371 This is good!
Priz, I agree with you, and oh yeah!!, I like the words "Has" and "Advantage" also. However, there is one yellow flag that I see, and that is in the last part of the PR which is a word of caution to shareholders. In it Mr. Bezzano essentially states that the sale has not been consumated yet (see below, and of course it stands to reason that if it was a done deal we would know).
IMHO I think we may be making to much out of statements taken out of context, I see the whole point of the PR as being a means for FFGO to let us know, "without actually saying much" that the deal is on, it's not done yet, but it will be, and the price of gold going up still has an effect on the final sale price, which is a moving target until such time that the buyer initiates a closing, and until that happens, gives us a higher Div. as long as gold keeps moving up or consolidates. Anyway, thats what I take away from the PR and I see it as a positive thing!! :)
"The company cautions shareholders that the price of gold is volatile and whilst there is reason to hope the value of the dividends resulting from the impending transaction will continue to advance with the rise of the price of gold, a reversal of gold prices would have an adverse affect on that value if it should transpire prior to the conclusion of the sale. Nevertheless the company is reasonably optimistic that the price of gold could hold at these all time high record price levels and could very possibly increase more before the sale consummation and the dividends are announced".
IMO
Go FFGO!!!
Dich
AI
