Bought a little bit today. First time into this name, although I was following it during the huge run it had back in 2010. My catalysts to jump in are as follows:
--> Insiders have been consistently buying around these levels (including their PGEO):
https://www.canadianinsider.com/node/7?menu_tickersearch=fdn
--> They acquired 100% interest in their Coldstream property before they started drilling.
--> They adopted a shareholders rights plan before they started drilling Coldstream.
--> They are currently drilling at their flagship property (Coldstream). They started their diamond drilling on November 23rd.
--> They completed a placement on October 31st for $1,027,250 at 10 cents (25% premium from here), and the warrants are at 15 cents. 4 month hold for this placement isn't up until March 1st.
Do your own DD