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- 9 May 2006
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Thanks for posting the comparison Chris. Its always nice to get clear concise information as you have provided.
With an announcement due within 5 weeks you will probably see some price action in a months time, but may stagnate between now and then as people slowly take their profits.
Dont you mean the price should slowly start recovering as people start buying back in after taking their profits already?
I would like to hope so, but I doubt it really.
These stocks run hard, fall hard and stagnate until the next block of news.
FNT isn't "due" for an announcement for 5 weeks, and everyone knows that - so they have taken their money out, put it into other stocks and are waiting to reenter at a later date.
It's not a bad thing, just means you have to hold and be patient until the next block of announcements.
Patience is always rewarded
I'm not sure where you are getting your 'facts' from Fool?
Bukuam trenching and sampling results are due any day (the lost material) and assays results are awaited on the last 5 holes at Kodu....once again just about any day.....
Either set of results or both could provide very positive surprises......
Then there will be Elo results down the track.
So why are you touting 5 weeks....?
I'm not sure where you are getting your so called 'facts' from Fool?
Bukuam trenching and sampling results are due any day (the lost material) and assays results are awaited on the last 5 holes at Kodu....once again just about any day.....
Either set of results or both could provide very positive surprises......
Then there will be Elo results down the track.
So why are you touting 5 weeks....?
Bukuam result has already been released on the 19th, and no new announcement is expected until August.
EPITHERMAL GOLD –SILVER -LEAD POTENTIAL UPGRADED IN THE KODU REGION
ASSAYS TO 5.73 G/T GOLD, 491 G/T SILVER, 8.5% LEAD AND 0.11% MOLYBDENUM
IN ROCK SAMPLES AT SW KODU, PLUS SIMILAR MULTI-ELEMENT SOIL ANOMALISM
As far as I am aware, we're waiting on:
5 weeks:
1. Kodu resource upgrade
2. Elo drill results
7 weeks:
1. Kodu feasability study.
I don't know about any other announcements that are coming in the next few days??
I am considering jumping on again while the price is low. Maybe a gamble but can't see it going any lower. May have to sit a while but chasing a stock when the price starts to rise sometimes loses much of the gains. Always a little concern when a stock has had a run but I think this one will react better to elo, well maybe not but that is my take. My takes are open to criticism btw Please help to change my mind if you feel I am wrong.
regards
Spaghetti leftovers.
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