fmg bids 35c for fdl, page-11

Let that be a good lesson to you guys....although I never think taking a profit is a bad thing.

This one is just a good story book.....they haven't even hit the earth with the drill bit yet.....so no point even thinking of selling imo.

I guess u have to look at it like this...

IS the SP going to be higher than todays prices when FDL have finished drilling and are waiting for results?

Of course it will be.... can u imagine the excitement just prior to them anns what they have?

That is called the(climax)of the story.....no reason to sell until then at the earliest imo.

And its just before the climax that most inexperienced and nervous nellies actually jump on board, they dont do the hard yards, they just jump on when the SP is 20c plus and hope for good news.


Its a bit like finding Cinderellas shoe and throwing it away before finding its owner.


Buy and hold....keep it simple.