funding is everything at the moment. provided money is available to keep going then companies should be able to ride out the next year. i think this is why fwl has been marked down so hard. if they can get a source of funds through a deal on the Yalgoo project or thier dso then things should stablize. so many resource juniors just a prospective piece of ground and nothing more. a company like fwl has a plan about what to do with thier ground that is well researched and they say the project is 'robust'. so watch for funding ann. and hope it comes soon.
LCG Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held