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Drox Stox



Drox Stox > Group's Default Discussion > Blue sky comparison View modes: 
  • Blue sky comparison

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    5 stars

    In my research i found an interesting comparison. Now im not saying that they are the same because one is in Newfoundland and the other is in Quebec...Valdor area actually. Now we know FGE is in the Valdor area with tonnes of infrastructure close. And Newfoundland...well basically your in the middle of nowhere. Ok so the comparison company is Alderon Resources Corp...ADV-V. they just came out with a 43-101 of 490 mil/tonnes at 30% iron indicated. They achieved this with 25 diamond drill holes totaling 6372 meters....thats it. How about that...this is an example of going from rags to riches on a very minimal investment...especially when compared to what it takes to size up a resource when drilling for gold. So check out the price of ADV....$3.35!!! with almost 100 million shares out. If you cant see the potential of what FGE has then maybe you shouldn't be investing in these smaller cap stocks....but as many a rich man has said...with higher risk comes higher profit. FGE is currently trading at 0.055...crazy.Please do your due diligence Cheers
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