Ann: FRG Commences Drilling at Mayfield North Cu/, page-2

re: Ann: FRG Commences Drilling at Mayfield N... Interesting that the company makes a fairly unexciting announcement and the stock drops 20%. there had been a buy order for 300,000 shares for quite a while changing between 15c and 17c which was removed today. I don't suspect the bidder was ever that serious about buying shares as the bid was always off market and if the price dropped the bid would be quickly lowered. It certainly gave the appearance of bid volume and after being removed today the bid certainly looks thin and perhaps a few sellers panicked or simply got sick of waiting. I still remain confident but it's a long term proposition and certainly no need to chase it. I think any buying under 20c will be an excellent entry point when you look back in 6 months.