RE: movement - down to 0.315 againI really lose patience with this stock.
FEX has a serious management, has a good advanced exploration project, commodity prices are high and exploration stocks are on the radar screen of many investors.
BUT this company doesn't seem to be able to attract many of these investors and doesn't seem to be able to generate some excitement among the investment community.
Just look at the quite low trading volume, even during March and April 2006 as the stock moved to a year high of 0.495. The average daily trading volume was below 200,000. Really not much.
I still think FEX may be successful in establishing a profitable mining operation at Woodjam, but I doubt that the private investor will benefit much from it, considering the performance of this stock so far.