With regards to the comments about this being a 'pump and dump' - I think some traders risk this becoming some sort of self-fulfilling prophecy. The reasoning they use for this being a pump and dump is based on the spike that occured back in July '06. They feel that that spike is very comparable to the current one, and that therefore the sp will meet a similar fate.
However, if you scratch beneath the surface of these simplistic chart formations, you'll actually see that it's apples and oranges.
Last time round we were dealing with a complete misinterpretation of a report, which resulted in the inevitable dissapointment and disillusion following the clarification that saw the sp come back down with a thud.
This time round, the jump in the sp has to do with the release of actual data, which was certainly not misinterpreted at all, but indeed very well understood. Traders made a judgement based on this data, and deemed it at the time to justify a sp of around $0.22. As the chances of the released data somehow being retracted are rather slim (or should I say non-existent), the difference between this event and the one in 07/06, from a fundamental point of view at least, becomes rather striking.
Let me just say that making future predictions based solely on past performance generally is a recipe for bad trading, unless these predictions are supplemented by additional relevant information.
So if you are really feeling to urge to sell right now, because you think the sp will simply drop back down to $0.13 (because that's what it did last time after all...); do it if you must, but I personally feel there's a reasonably large chance you'll end up getting burnt (or miss the boat at least..). Time will tell...
Just on the sidebar: ironically one of the reasons I recently bought into this company was that very report that was released in 07/06. Sure it deals with a 'hypothetical situation', but if you take the inferred resource at Kodu into account it actually is quite relevant and informative. Now of course it is very much more so, in the wake of the recent resource upgrade!
Also while I am at it, let me just add something that is along the lines of some of the recent posts here; for me the real proof in the pudding for FNT in the near term will be in their commitment to actually take concrete steps towards developing a mining operation (such as the proposed small open pit at Kodu), rather than simply float it as an idea. This will really help erase a lot of the 'pie-in-the-sky' sentiment that a sizeable proportion of traders feel towards FNT, and REALLY send this company on it's way towards becoming an excellent, well-established, and especially profitable(!!), gold/copper mining company. To that end I wait with baited breath, as I'm sure many fellow traders are as well.