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Bullboard - Stock Discussion Forum Fairborne Energy Ltd T.FEL

TSX:FEL - Post Discussion

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Post by bonjovi501 on Feb 02, 2012 11:20am

Email

I received an email from FEL stating that the share price will stay low due to NG prices and not to expect anything else. I have to say I like their honesty and have a buy in for the next 2 weeks at $2.29 and if it hits it hits. Otherwise I will buy AAV or DEE which also are taking a beating.
Comment by UKhedger on Feb 04, 2012 12:54pm
Maybe insiders want to acquire cheap stock first? 
Comment by redcoats on Feb 09, 2012 8:55pm
Well, I've been buying steadily around this current price, and I think it's a bargain. I'll buy even more if it goes lower, but at least I'll be covered. Wait and watch - you'll wish you had done more.
Comment by soberinvestor on Mar 13, 2012 1:59pm
Bonjovi, did you get it for .29 or you cancelled the order? I just couldn’t resist and bought initial amount at .29. Feels so dirt cheap paying only 30 cents on a dollar per Q3 net asset base. It could also be a prime take-over target. Got a feeling it has better management than AAV or even NVA. Any comments on that everyone? Thanks.
Comment by soberinvestor on Mar 13, 2012 2:46pm
I meant 2.29 instead  of .29
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