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Friday, 10/24/2008 10:43:24 PM

Friday, October 24, 2008 10:43:24 PM

Post# of 198
Fronteer Development Group Inc. (Fronteer) is a Canada-based, gold-focused exploration and development company. The Company has an interest in several gold and copper-gold projects throughout Nevada and northwest Turkey. The projects of the Company include The Northumberland Property, Sandman project, Long Canyon project, Zaca project and Carlin-Cortez Trends projects. On September 24, 2007, the Company completed the acquisition of NewWest Gold Corporation (NewWest). NewWest has a pipeline of 19 projects covering 620,000 acres. During the year ended December 31, 2007, the Company owned approximately 42.3% in Aurora Energy Resources Inc. (Aurora). Aurora owns uranium assets in the Central Mineral Belt (CMB) of Labrador (CMB Uranium Property). In Turkey, Fronteer has built and retained a 40% interest in a new mineral belt that includes two gold deposits and a third deposit boasting copper-gold porphyry.

Stock is currently trading way below book value per share; Book Value Per Share $3.44


Regards,
frenchee

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