"Due diligence means checking out management as well as properties before making investment decisions."
I agree 100% with your statement. The reason this is so sad. Fancamp probably has one of the most sought after properties in Canada as far as exploration properties go. Only thing holding it back is a management team so far removed from the reality of the situation its a joke. When companies go public they have a certain responsibility to their shareholders to create shareholder wealth. So far FNC has sat on their hands and done nothing. The less than $50 million market cap for this property is case in point.
Perhaps in the end FNC's current status as hand sitters will reward shareholders far better than the promo styles of many of the other McFaulds Lake stocks. Only time will tell I suppose. Could there possibly be any two companies any different than NOT and FNC? One is built on hype and promo, the other has done absolutely nothing to promote itself. So far, hype and promo is winning the battle, however it could be a long war with many battles to be fought.
Good luck to all investors in Fancamp.
Al