looks like Peter McNeil is starting to get his wish, with the options up 54% the heads up 10% on very strong volume.
the stars are certainly aligning for FNT now, following on from wednesday market update we have seen a steady build up in volume and buy orders which is now causing the shares to run as buyers need to move higher to secure their fill.
on top of that we have the following announcements over the next 3 weeks.
Resource Upgrade for the Kodu Deposit (Tuesday 23rd October)
Conceptual Mining Study (end of the first week in November)
Andewa gold drill core assay results (Monday 29th October)
Extensive Sirimu (near Kodu) gold bulldozer trench assay results (Thursday 25th October).
and finally the real driver at the moment the options expiry on the 23rd of november, the company will be pulling out all stops to make sure the options get exercised so expect plenty of positive news, combined with increased volume.
in this current market environment it only takes one announcement to put a stock on a run and once they start running they run hard, if any one of the 4 upcoming announcements create that needed excitement we may test the highs of earlier in the year.
the stars are certainly aligning for FNT now, following on from wednesday market update we have seen a steady build up in volume and buy orders which is now causing the shares to run as buyers need to move higher to secure their fill.
on top of that we have the following announcements over the next 3 weeks.
Resource Upgrade for the Kodu Deposit (Tuesday 23rd October)
Conceptual Mining Study (end of the first week in November)
Andewa gold drill core assay results (Monday 29th October)
Extensive Sirimu (near Kodu) gold bulldozer trench assay results (Thursday 25th October).
and finally the real driver at the moment the options expiry on the 23rd of november, the company will be pulling out all stops to make sure the options get exercised so expect plenty of positive news, combined with increased volume.
in this current market environment it only takes one announcement to put a stock on a run and once they start running they run hard, if any one of the 4 upcoming announcements create that needed excitement we may test the highs of earlier in the year.