Technicals look very bullish. Picked up the fully paids early Thursday. Backed up this morning for the 5 cent oppies at 2/10 cent expirying in eight weeks. IMHO FDL will fly and the outrageous out of the money gamble may come good within eight weeks.
IMHO this is "very hot" diamond ground, over forty diamond targets already located, expect many more. EM survey continues with great results. Trenching teams mobilizing now to start asap. FDL is a very, very speculative play BUT IF they get a whiff of diamonds FDL will be trading between 5-10 cents. This is the first time I have ever seen so many diamond targets clustered in one area anywhere in Australia. The geology on this area is extremely interesting. Good luck all longs.
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