chart, page-26

Meerkat,

You seem to go back to the day of the announcement very often to back up your down ramps. If you bothered to go back to the day, you would have noticed that some big holder had decided to sell out before the announcement came out. They used the announcement to sell out more due to the volumes announcements like these produce. One single seller does not constitute that the market has something right or wrong.

Why did they sell out? I have no idea and neither do you. They did cause FNT sp to drop, but claiming that the general market on that day thought that the announcement was bad is absolute rubbish. IMO the general market bought shares that day from 1 main seller, some traders who don't want to know any fundamentals and a few investors that didn't understand the fundamentals. Your version is a few HC hopefuls bought that day and the hoards of wise men and women relentlessly sold out that day. The ground trembled that day over 1 drill hole result. LOL.

You also seem to ignore the general world wide market which have caused a train wreck out of many explorers in the last 6 months. Most blue chips are moving sideways and react to Euro problems and ones closer to home. In your world FNT is totally immune and should not react at all to world problems even though FNT is way more risky than blue chips.

Stick to your technicals meerkat.