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.
Following on from my tip of Nostra Terra (NTOG), I turn your attention today to another small cap resource company. This time it's Ferrum Crescent (FCR). The share price is low so it could gain ground very quickly! In 2010 it was valued at more than 15p a share, and a nice bowl pattern is on the charts.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
wildrides
Not keen on nostra “terror” as I am already in and its lived up to its nick name , but this tip I like ………… I am defo avin a punt !
martin ashworth
James Parter is spot on the money. It is an open cast potential mine and so it wont cost that much to construct the mine. Ed Nealon, the Exec Chairman knows S Africa & its politics like the back of his hand. There is a private client punter called Alan Jenks also quietly accumulating stock on weak days.
Garry Butcher
It would be nice to have a further update now that the first instalment of $500,000 has been received.