GIVE YOUR HEAD A SHAKE I am seeing lot of posting about today's price drop as if FVL is the only stock in the universe. All markets and all equities are down big time including great blue chips. .
For the shorters, FVL is perfect due to the fear you can read on this board. A lot of new posters pop up when things appear great or things appear bad.
Management did exactly what some ont his board where begging for. They provided an update. Nothing has changed in this company. They made it perfectly clear what the plan is. Does anyone really believe the two 50M step outs from hole 2001 are not going to be solid. Maybe not as great, but solid. Why? You do not drill a hole the size of 257M at almost 3gpt and not have the surrounding area also have similar results. Hole 2002 drilled in the middle of nowhere still returned over 200M at 1gpt. Keep in mind that even 1gpt is about 40% better than the global resource they have of 0.70gpt.
I bought heavy into this the day after the release of hole 2001 bigly. Only because it pulled back sharply after the initial day of trading. I added at $.35, then around $.50 and my final buy was about $.70. I was disclipined to not add anymore. I added 32,000 shares today at $.66. Thank you.
GLTA