Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Ferrum Crescent (FCR) is an iron ore company in South Africa with a tasty measured resource. I covered the company in January – this was a share tip (see HERE) at 1.75p and initially all seemed well.
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Comments
paul
not your finest recommendation James, a stonking buy i think you called it! a lot of us have had our fingers burnt here. luckily i went back in at 0.6p, and sold that position @ 1.20p. this piece of fortune covered my initial 50% loss on the old dog. i’m still in with the balance, there’s a good management team, so fingers cross they find the finance!