GREY:FNTRF - Post by User
Post by
Russtaff2112on Mar 23, 2012 8:28pm
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Post# 19712445
Excited for FDN!
Excited for FDN! I am new to the Foundation Resources and have recently taken a position in this company with the hopes of great days ahead. Obviously there are a few week kneed investors who are selling at this current level, I am buying but almost tapped. I like what I am reading from the corporate web site I had a recent chat with management, I am very very comfortable with holding here at this level and in fact picking up a few more shares here. The company has a lot going on and that recent press release was actually a great one, however it was interpreted wrong by the investment community as we can see with the lack of interest in the market. Gold is down!!!
On the 17th of January this year, James West, a well respected mining analyst was a guest on BNN and stated that Foundation Resources was his TOP PICK! The stock was at .135 on that day. He said, "You are paying about $7 in the ground per ounce. Winter drill program underway right now. Could just continue to add oz. Just outside of Thunder Bay."
Regardless, don't go away this one is going to be very interesting and may be a real fun play to be in over the next few weeks :) Buckle your seatbelts IMHO.