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Friday, November 03, 2006

Fronteer Development Group (FRG)!

As mentioned in yesterday's post, I like FRG, and this morning, FRG broke out to new ATH's. FRG trades in both the American (AMEX) and the Canadian markets under the same ticker, so I bought FRG on the TSX Exchange @8.23 just before the breakout.
FRG is a play on both uranium and gold, and both are in the midst of a rally. I think we will likely see more upwards movement as more and more investors and traders alike start to "discover" this stock in the next few days.
Here's another reason to like FRG.

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