FDL flinders diamonds limited

very bullish chart..., page-32

  1. 27,246 Posts.
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    martis, .....we actually agree on something!!!

    FDL has overshot on a hyped resource which will take 3 quarters before even a sniff at being inferred.

    Present SP overhyped, and the hype talking about 50c, puts a MC of 500 mill is a joke. This is no mid-cap without confirmed drill results.

    And there's a lot of other mid-caps in the iron ore department that have done a lot of the hard yards, such as AGO, who are near term producers. AGO has a development mindset with management whose buisness is iron ore.

    FDL Oppies are dangerous, expire in 10 months.

    As an invest, would consider FDL FPO in the 3-5 cent range.

    It's a lonely nine months when all the directors will be releasing will be their fairy hunt for diamonds, that basically eroded the stock to a 1 cent level.
    Expect more of this, and the impatient to sell down the stock.


    Cheers.
 
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Currently unlisted public company.

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