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XMFSinchiruna (28.54)

My Foolish Interview with Fronteer Development Group CEO Mark O'Dea

Recs

22

September 26, 2008 – Comments (2)

Hi Fools!

As a junior exploration gold company that is often confused by investors as being principally about Uranium, I know Fronteer Development (AMEX: FRG) may not be on every Fool's radar as a play on gold. In truth, Fronteer is principally a gold company, although it has a sizeable equity interest in a uranium prospect Aurora Energy Resources.

Whether you know the company or not, though, I think every Fool with any interest in gold whatsoever will appreciate the insight provided by the company's CEO Mark O'Dea relating to the bigger picture for the gold mining industry. When you see his self-described conservative target for the long-term sustainable price of gold, you'll know I'm not the only one expecting much higher prices for gold.

Again, if you feel the content of the interview possesses value for your fellow Fools, please give it a rec so that it can reach more pairs of eyes.

As always, thank you so much for reading, and I look forward to reviewing our comments / reactions.

http://www.fool.com/investing/international/2008/09/26/fool-interview-fronteer-ceo-mark-odea.aspx

 

2 Comments – Post Your Own

#1) On September 26, 2008 at 10:30 PM, gman444 (31.64) wrote:

Sinchiruna,

Good article---he thinks gold is going to collapse before going up?  I thought it had done that already.....

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#2) On September 27, 2008 at 12:12 AM, XMFSinchiruna (28.54) wrote:

gman444  Thanks so much for bringing the alternate interpretation of that last sentence made possible by the way it's worded. I issued a clarification in the comments section of the article. I appreciate you bringing it to my attention:

A reader brought to my attention that there are a couple of ways to interpret the ending statement of the above article. Please permit me to clarify by paraphrasing what I understood as his intent as he spoke the words in the interview. He is saying that they ARE looking to build out their project pipeline... and that they wouldn't be doing that if they believed gold was going to collapse. Thanks to CAPS player gman444 for bringing the potential for an alternate interpretation to my attention.

Fool on, Fools! :)

 

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