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The Speculator

Falkland Gold & Minerals

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ANyone no anything about this minnow? they seam to be spending a lot of cash in the Falklands but with very little positive news, in fact no positive news at all.

 

"During the 12 months to 31 January 2007, 11,462 metres were drilled and by that date 20,539 metres out of the total planned programme of 24,000 metres had been drilled. Despite the extensive work programme having significantly increased the Company’s knowledge of the islands’ geology and the source of anomalies, no results of economic value have been found to date".

 

20km of drilling and nothing to show for it!? and still they plug away, presumably they drilled their top priorities first.

 

Begs the question "s this another of the many mining "lifestyle companies" on the AIM

 

;)

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the stock jumped the other day, didnt it?

 

this was a RAB favorite at one stage, i believe

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Damnit, I bought a shedload of them on a dummy trading account at 7.50 and they promptly dropped to 7.00.

So when i was buying for real, I left it well alone.....

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