No such message found

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: Re: Spoke to FNC this morning
11
Apr 14, 2008 08:33AM

Just a thought.... That FNC may come under pressure from the likes of PNP/ sprott and others if they smell weakness in the share price and a potential financing in the wind....

That was why my suggestion of a $3.00 FT financing with full wts @ $5.00.... for 2 million shares would have set FNC up for success.... with sufficent cash in the bank to complete a substantual round of drilling.... with minimal dilution.

Some support could still achieve this, but a little more weakness and the financing will be in the $1.50 to $2.00 range.

Fact is you can't drill holes without cash..... if you blow all your cash and go hat in hand, the sharkes want more than blood, they want flesh as fell.

JMHO

1
Apr 14, 2008 02:37PM
3
Apr 15, 2008 04:45AM
2
Apr 18, 2008 10:38AM
1
Apr 18, 2008 03:04PM
Share
New Message
Please login to post a reply