mdc, I bought this one ( 500k ) at 23 cents after Farmer Fred put me onto it. I could not believe how undervalued it was. It went up to 27 but then plunged to 20 cents.
I thought to myself. Have I bought a lemon? And then I did the same research and realised that this would have to be one of the most unrecognised stocks I have ever come across.
I sold 100k at 81 cents and have always regretted it.
There is very little risk in this one and the reserves will just keep increasing.
Oil companies these days are judged on their reserves. These guys are unrecognised....apart from us.
FDM Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
