FDL flinders diamonds limited

N2S,Becareful and DYOR. A few of the stocks you have mentioned...

  1. 218 Posts.
    N2S,

    Becareful and DYOR. A few of the stocks you have mentioned namely EGO and SDL are stocks which are good trading stocks but imo could present you some issues if you plan to invest and not trade.

    With EGO research the number of shares on issue, tenement JVs and the drilling next scheduled for Lake Macleod in 2008 and cash flow. SDL, as with EGO, researched the actual drill results, mining infrastructure and time for the mine to come online and logistics of moving the IO to the port. From a TA they both are in positions that I would not touch few a week or so.

    Most importantly review the management team and their ability to get the company in a profitable state. If you simply want to trade they are fair companies that you can make a few dollars from.

    Develop your own plan and be disciplined in your trading. Before buying your stock workout what you want it to do and how and when you are going to exit.


    All the best.
 
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Currently unlisted public company.

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