Absolutely agree with you - imo the fdloa's provide an excellent leveraged play - especially if the predictions of $1+ for FDL b4 Xmas prove true.
Fundamentally speaking - we have real news of real prospects and confirmed finds, with discoveries and analysis results being announced on a regular basis now. The company has now got things going in full swing - even on radio and in the media no doubt soon.... the management give full and open disclosure which will eventually prove to be too good a story to remain hidden for long ... soon I imagine bloomberg tv will want Kevin for interviews on how a little known company of just a few cents worth has achieved so much - while all were chasing gold .... News moves markets!
Technically speaking we have filled the gap-up that was there and we have seen where investors are happy to pay up to(.041) based on just a snippet of earlier information, now we have had a lesson in oversupply swamping demand and the shareprice resulting in buyers pulling back - right back to just a small turnover yesterday at very low prices. IMO - Now we are now going to see a relaxation of heavy selling from the issue, less stop loss dumping from traders, less tax-related selling(some realise losses for this end of financial year) and buyers coming back to snap up the bargain of the year imo.... I believe FDL IS CLEAR FOR TAKE-OFF! The next rally and first retracement depth will be my indication of how hard this will run on....
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