RHK - Red Hawk Mining

[stefoid]

Re: FDL - Flinders Diamonds

see what the papers say tomorrow morning. Positive coverage = whoosh, negative coverage = plop! but with a rise like that, there WILL be coverage.

 

[shaunm]

Re: FDL - Flinders Diamonds

Hi YT,

Iron ore stocks are definitely red hot at present.
DYOR

Excluding our friends at the embattled West Australian based Murchison Metals MMX....arghh!.:

 

[YOUNG_TRADER]

Re: FDL - Flinders Diamonds

FDL aren't being rerated on possible resource alone. They already have agreements with FMG which could extend to use of FMG infrastructure.

Also, many will see FDL as a takeover target by FMG.

On these 2 factors, I do not believe that FDL is overvalued in the slightest.

Fair enough Pommie, each to their own,

Has FDL done surveys? Rocks Chips? Land Sat? to come up with this target?

I'm going back through their anns and can't find anything, but this target was based on a report done by a Geo so I'm sure there's more info that hasn't been released

Good luck guys

 

[stefoid]

Re: FDL - Flinders Diamonds

Fair enough Pommie, each to their own,

Has FDL done surveys? Rocks Chips? Land Sat? to come up with this target?

I'm going back through their anns and can't find anything, but this target was based on a report done by a Geo so I'm sure there's more info that hasn't been released

Good luck guys

surely the thing to do is to ride the momentum, then sell enough to get free-carried in case they actually are onto a good thing?

YT, why did you sell all? what value this company if they come up with a JORC in that ballpark?

 

[greggy]

Re: FDL - Flinders Diamonds

surely the thing to do is to ride the momentum, then sell enough to get free-carried in case they actually are onto a good thing?

YT, why did you sell all? what value this company if they come up with a JORC in that ballpark?

Surely its far too early to tell whether they come up with a JORC.
IMO YT took a very good profit in such a short time. After such a good rise it will be interesting to see what happens tomorrow.
DYOR

 

[stefoid]

Re: FDL - Flinders Diamonds

Surely its far too early to tell whether they come up with a JORC.
IMO YT took a very good profit in such a short time. After such a good rise it will be interesting to see what happens tomorrow.
DYOR

yeah of course but if they are onto a good thing, then having a free carried exposure is a no risk exposure to a much bigger profit, no?

 

[YOUNG_TRADER]

Re: FDL - Flinders Diamonds

Surely its far too early to tell whether they come up with a JORC.
IMO YT took a very good profit in such a short time. After such a good rise it will be interesting to see what happens tomorrow.
DYOR

Exactly you never go broke taking a profit,

Hey can't believe I was the first to post it as an Outstanding breakout today,

I think it just qualifies. just lol :

 

[iamtrueblue]

Re: FDL - Flinders Diamonds

Mick and Young_Trader. I am new to this forum and watching stocks on a daily basis I am trying learn as I go along but how did you both become aware so early that FDL was having a hugh rise. I see YT that your post was around 10.00 EST. (By the way I missed this one only started to look at it when it got to 6 cents)

I know of the Trading Room market movers site but these market movers are time delayed I believe. Is there a site we can go to that shows the fastest movers on the day live or do you both use some other method??

Thanks boys for you insight once again. Got to say that this forum is excellent and a lot of posters are good for helping out those like me to make informed decisions. In the short time (3 months approx) I signed onto this forum I have made a 300% profit on trades based on recommendations from the likes of Kenna's, YT, Mick and agentM etc and I am rapped. Thanks people. This list is in no way exclusive and I mean no offence to other posters/traders not mentioned.

 

[mick2006]

Re: FDL - Flinders Diamonds

with regards to FDL I think it was just the huge numbers they were talking about in regards possible future iron ore discoveries.

the market before today viewed FDL as a small time diamond play and what usually happens when a micro cap announces a major change in direction the share price can get a nice kick along, in iron ore it has happened to companies such as MDX,GNL but not to the extent of what happened with FDL today.

I think what is important to look at is the link to FMG it gives the change of direction a very strong foundation. It wouldn't surprise if FDL runs a bit further due to pure speculation, just be careful buying at these levels there is alot of risk. Might be worth the chance if you are still holding from lower levels and you are just increasing your average entry point.

Much like YT I traded FDL very very hard for alot of the day and did very well, but it got to the point where the risks outweighed the rewards.

Just by market comparisions between JMS and FDL is FDL twice the company as JMS I highly doubt it given the broad range of projects held by JMS the risk/reward is firmly in JMS's favour.

saying that I think there is money to be made in both just more risk attached to FDL at the moment.

congrats to all who made money on FDL today, i'm sure we will all be raising a glass to the days triumph.

 

[wipz]

Re: FDL - Flinders Diamonds

Mick and Young_Trader. I am new to this forum and watching stocks on a daily basis I am trying learn as I go along but how did you both become aware so early that FDL was having a hugh rise. I see YT that your post was around 10.00 EST. (By the way I missed this one only started to look at it when it got to 6 cents)

I know of the Trading Room market movers site but these market movers are time delayed I believe. Is there a site we can go to that shows the fastest movers on the day live or do you both use some other method??

Thanks boys for you insight once again. Got to say that this forum is excellent and a lot of posters are good for helping out those like me to make informed decisions. In the short time (3 months approx) I signed onto this forum I have made a 300% profit on trades based on recommendations from the likes of Kenna's, YT, Mick and agentM etc and I am rapped. Thanks people. This list is in no way exclusive and I mean no offence to other posters/traders not mentioned.

Keep your eyes on the asx's recent announcement, anything that is market sensitive (indicated with a red !), have a look at. Especially anything that contains the likes of IRON ORE - these type of announcement will make a run in this bull market.

 

[Aargh!]

Re: FDL - Flinders Diamonds

Wow... Congratulations to everyone who made money on this today.

Did I pick the wrong day to have surgery or what?!

I'm going back to sleep....

 

[googly]

Re: FDL - Flinders Diamonds

To quote Neil Young "It's a piece of crap" I know the ex-managing director of FDL who instigated the float of FDL before the current management took over who lives stateside (at the time I had about 15 million of them) even drove from Adelaide up to Alice Springs and kicked rocks and stuff for fun (all the way from the states). After various conversations I realized the error of my ways and dumped them. Will never touch them again even if they look like they might run.

Sydneysider, I really feel for you mate. You would have been able to retire today if you had held on

 

[EZZA]

Re: FDL - Flinders Diamonds

anyone still think this stock is cheap or is it too late to jump on board?

massive moves in the market yesterday 800% up seen nothing like this every before.

 

[SevenFX]

Re: FDL - Flinders Diamonds

anyone still think this stock is cheap or is it too late to jump on board?

massive moves in the market yesterday 800% up seen nothing like this every before.

Morning Ezza.

There's always some that thinks the market will go higher, and somone that think it will fall.. hence the buyers n sellers stacking up in the depth.

I guessing most people have a gut feeling how high a risk it is getting in today, given it's 830% rise, If your going to get in and prepared to risk all/part of whatever capital your puttin on the table.

There may be Few things to Consider, (I'm sure there more)

* Is your first experience at runners gonna be good or bad.
* Is this going to be a short or long term hold.
* When will you exit, and if at a loss, how much are you prepared to loose
* Will there be another runner, and am I better researchin for the next one
* Can this keep going up and how much further will it go
* Will there be a speeding ticket and will it be while I'm holding stock
* What happens to the stocks value, when a ticket is Lifted.
* Is your trading platform able to cope with a fast moving stock
* Will the rest of the Market and or Sector Influence FDL today

There's prob many more questions to consider, and others may raise a few, so be aware, be right,

To coin a phrase by the honourable moderator Kennas:
When the music stops and everyone stops dancing, will you be sitting or standing...????

Also worth noting Elley Moore from Lateline Business gave FDL a brief mention. and sure many others have inc HotCopper

Cheers
SevenFX

 

[DB008]

Re: FDL - Flinders Diamonds

Copy paste from ASX

22 Nov 2007 0.089 790% 0.094 0.021 1,932,931,757

So, is there any way of knowing who brought all those shares yesterday. (If a large portion was purchased by an individual - company...)Hedge fund or something? I know supply and demand, but that was alot of volume? Sure pushed up price.

 

[SevenFX]

Re: FDL - Flinders Diamonds

So, is there any way of knowing who brought all those shares yesterday..

I beleive there is a >5% rule, where are shareholder greater than 5% have to be disclosed, but within what timeframe.. I'm not sure.. so maybe we see today, Monday,.....

Interesting also why some get speeding tickets with few hours, or reaching triple digits, and others like FDL escaped speeding ticket despite nearing quadruple digits....????

SevenFX

 

[Prospector]

Re: FDL - Flinders Diamonds

Interesting also why some get speeding tickets with few hours, or reaching triple digits, and others like FDL escaped speeding ticket despite nearing quadruple digits....????

OK, back into the foray again: I dont think the ASX can give them a speeding ticket because FDL have done everything according to the rules - ie trading halt, announcement then re-open. It isnt their fault if their announcement made the market go crazy.

 

[Snakey]

Re: FDL - Flinders Diamonds

OK, back into the foray again: I dont think the ASX can give them a speeding ticket because FDL have done everything according to the rules - ie trading halt, announcement then re-open. It isnt their fault if their announcement made the market go crazy.

Morning all
thats right prospector
Good luck to holders this morning alot of upward movement yesterday hopefully we will see more today

 

[Broadside]

Re: FDL - Flinders Diamonds

About 5 of my stocks are set to deliver 10 fold returns today, based on prospective theoretical targets and no drilling. I can't wait.

 

[Synergy]

Re: FDL - Flinders Diamonds

I'm not sure I've seen the whole buy list more than double the sell side.

A lot of people still want in this morning, at very high risk it seems. Surely it will fall from open?