gold assays next week keep an eye on fnt

looks like the company is gearing up for quite the month with at least 4 market sensitive announcements within the next 3 weeks.

on top of that the option FNTO expires on the 23rd of November which means the company will be going all out over the next 5 weeks to make sure the options are in the money.

don't be surprised if you see a large build up in volume over the coming weeks as the company will prop up the shareprice to make sure the options get exercised.

how often do you see shares surge just before options are due to expire, will be the same with FNT some easy money to be made in the lead up to the options expiry.

also knowing Peter McNeil he will have some good assay results up his sleeve to make sure the options get exercised.

below is a list of the dates for the forthcoming announcements (as stated by the company yesterday), why would they go to the trouble of letting the market know the date of the releases unless they knew they were going to be good, otherwise they wouldn't just be setting the shareprice up for a fall.

Factors (studies and assays) to be announced to the ASX that are likely to effect the share price
in the immediate future include:

2 major ‘viability’ related studies by external consultants

Indicated and Inferred Resource Estimation for the Kodu Deposit (Tuesday 23rd October)

Conceptual Mining Study (end of the first week in November)

Andewa gold drill core assay results (Monday 29th October)

Extensive Sirimu (near Kodu) gold bulldozer trench assay results (Thursday 25th October).