As reflected on Hot Copper FDL shareholders are very comfortable with this stock. We know the score, we know what is to happen and we await drilling confirmation of the potential IO resource estimated by FDLs consulting geologist. We know the company is planned to be split into two probably enhancing the prospect of the IO component being spun off or taken over by a bigger player. The fact that tenement 882 is sandwiched between identified IO resources belonging to RIO and FMG is a fantastic wildcard to have and I for one have never felt more comfortable with my investment in FDL than for any other explorer.
If the consulting geologists potential resource estimate is confirmed or surpassed later this year the celebrations can truly begin.
cheers SAV
FDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
