GREY:FNTRF - Post by User
Comment by
LoganCopper1on Dec 07, 2011 8:48pm
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Post# 19301717
RE: Accumulating
RE: AccumulatingThank god insiders are supporting the stock price. Sad story FDN has turned into. Time to develop Coldstream is too far away for the market to assign value IMO. Too bad that this exact same thing is happening to so many stocks.
For FDN alone (ALL MY OPINIONS) it will take another 2 years of drilling, so thats Jan 2014, 6 months for PEA, June 2014, assuming its a go 1 year for BFS, June 2015 add 6 months to find debt financing for CAPEX Jan 2016, a year to build a mine Jan 2017 and another year to work out the kinks...Jan 2018.
Throw some uncertainty into the mix with drill results and future dillution, youve got yourself a 8 cent stock.
Not bashing or saying this isnt a good buy today, but I wish I would have unloaded everything at .20 three months ago.
GLTA, I wish everyone the best!