Lundin says BUYLundin refreshes Full Metal buy
2008-05-27 17:41 ET - In the News
Brien Lundin, in the May, 2008, edition of the Gold Newsletter, refreshes his buy recommendation for Full Metal Minerals Ltd., recently $1.59. Mr. Lundin said buy Full Metal four times between March, 2006, and February, 2008, at prices ranging from $1.39 to $2.55. Assuming a $1,000 investment for each of the four buys, the total $4,000 investment is now worth $3,194. In his latest instalment in a long list of glowing write-ups for Full Metal, Mr. Lundin again discusses its 40 Mile project in Alaska. He says a 15,000-metre drill program is running full speed ahead targeting the LWM discovery. He expects speedy and exciting results, which he thinks will be similar to intersections cut in 2007 at the high-grade CRD deposit. Meanwhile, the company also has acquired two project in the Yukon -- Nadaleen and Angie-Cat. Mr. Lundin likes both of these projects and expects Full Metal to use the same successful exploration strategy it has used elsewhere. Mr. Lundin ends by calling Full Metal a bargain at current prices. Buy now and watch the share price shoot up by the fall, he says. The International Speculator also follows Full Metal. It said buy three times between Aug. 1, 2006, and Oct. 1, 2007, at prices ranging from $2.30 to $2.85.