... and if you believe ANY of that, then you deserve to lose your money!
FDL actually, at this point in time, have NOTHING. They announced a "conceptual" resource, that "may not actually exist" (read the announcement carefully - you'll see it in black and white).
Their shares are worth precisely what they were before the announcement. There are NO fundamentals that have changed anything. Purely a day-traders' plaything.
Most experienced day-traders would have recognized it for what it is, but a lot of poor suckers would have got sucked into the idea that FDL actually had discovered some massive iron ore deposit that would make it the next FMG. Absolute rubbish - no such resource has been discovered at all.
Good luck to all who DID make money by riding the wild horse, but there will be a lot of tears by the middle of next week when the share price settles back to the 5 -6 cent level and just stays there. For months. Or years....
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