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« URANIUM: Up to $60.0! | Main | Eagle Plains Resources Limited: 01 November update »

Fronteer Development Group Inc. Up 8% Today!

Well it’s a good job we decided not to take a profit as gold has moved higher as we suggested and uranium is still going strong.

So the news that Aurora Energy Resources Inc. (TSX: AXU), of which Fronteer holds approximately 50% of its stock has announced that wide intervals of near-surface uranium mineralisation have been intersected at its Jacques Lake uranium deposit in Labrador, has added some more spice to this play.

Hang on for the ride we can only see things getting brighter for Fronteer.

Fronteer trades as FRG on the TSX and FRG on the AMEX and is now up 45% since we recommended it at $4.70 on 14th July 2006.

02 November 2006

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