I have just got off the phone with Andrew Crawford, summary of my conversation with him is: He and the directors are excited about the results of company's activity, quarterly report is not expected to be negative and he is 100% confident that the reserves reported to the market is accurate... Fundamentally he sees the company much stronger than 6 months a go and sees the current price activity as the institutional holders lending shares and playing with the price... He also mentioned that they are closely watching the share registry and finally he says with the results due out SP will be back to the previous highs...
FDM Price at posting:
54.5¢ Sentiment: ST Buy Disclosure: Held