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.

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Message: to vila re cash on hand

Apr 19, 2008 05:17PM
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Apr 21, 2008 02:32PM

Vila, thank you very much. I saw that $312,000 number but thought there must be something I'd missed. Another poster thought that FNC had a million in the bank. Either way, this budget is very tight. I am new to this, but I've been watching other McFaulds players drill for months and drilling just burns cash. Hope they hit on the first hole.

Hmmmm. Certainly gives another dimension to the delay in drilling. I believe in the land, but we'll never know for sure until FNC drills.

Thanks again.

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Apr 21, 2008 07:26PM
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