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Full Metal Minerals Ltd V.FMM

Alternate Symbol(s):  FLMTF

Full Metal Minerals Ltd. is a Canada-based exploration stage company. The Company is involved in the acquisition and exploration of mineral properties. The Company is in the process of seeking approval for a mineral property option for the Olivine Mountain property in the Similkameen Mining Division, British Columbia.


TSXV:FMM - Post by User

Bullboard Posts
Comment by sweetsauceon Aug 20, 2008 2:08pm
635 Views
Post# 15398146

RE: Lundin says buy

RE: Lundin says buyI don't have the acutal newsletter but here is what I found.

Lundin says buy Full Metal

2008-08-18 19:38 ET - In the News

Brien Lundin, in the August, 2008, edition of the Gold Newsletter, says buy Full Metal Minerals Ltd., recently $1.19. 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 $2,390. Mr. Lundin thinks Full Metal's stock might improve with new summer drill results from the Fortymile project in Alaska. In the 15,000-metre drill program at Fortymile, Full Metal intersected 3.6 m of 4.7 per cent zinc, 33.5 per cent lead, 0.35 per cent copper and 459.4 grams per tonne silver on the LWM discovery. Full Metal is also testing LWM for indium, sampling 16.1 g/t. Used in LCD screens and solar panels, Indium sells at $745 per kilogram. At the old Lucky Shot mine, Full Metal drilled four m of 219.1 g/t gold and took a 5,000-tonne bulk sample. The company and partner BHP Billiton are drilling on copper-gold porphyry targets in eastern Alaska. Full Metal has optioned a 60-per-cent interest in its OG property to Ashburton Ventures. Mr. Lundin cautions that Full Metal may get cheaper in this stagnant junior mining market, but it holds remarkable value.

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