An Inexpensive Robert Friedland Play Via HPXI bought some Fjordland Exploration, and there really is absolutley nothing happening there at the present time. However, HPX owns 29% of the company. Fjordland can earn 100% of the south Voisey Bay project from Commander Resources by spending about $9 million on exploration work there. HPX can earn 65% of that project by spending a little over $7 million of that $9 million. Right now it was like throwing money into the wind for me, but I only bought 20000 shares. However, if they do some work there next year the price may pick up and I can dump half of the shares. I don't think anyone else has made a discovery in that region other than the original discovery by RF's team. HPX did drill a couple of holes so far but nothing big has been found yet.
Well anyway maybe the junior markets will gather steam in a couple of years. By the way it was reported once that RF bought shares of Chalice Gold Mines at one time, and RF said that was not an accurate press release, or something to that effect. However, Chalice did find a huge anomaly near their initial PGM discovery took place. Chalice also has a gold project in the same region as Kirkland Lake in Australia. My broker had me buy chalice when it was $1.12 AX. It is now at about $2.40 AX.