posted on
Apr 27, 2008 06:27PM

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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Managment is sending the wrong signal here..... Telling all who call in that dilution will be at much higher prices..... and they have a sure thing!
Bursting with so much confidence they need not load the treasury when FNC has has 3 runs to the $3.00 range... which could have provided minimal dilution... Seams almost all are convinced by the retoric from managment .... except for one thing.... managment has been selling... In particular Debra who spews shares so well that even PNP would be impressed.
This is just a taste of what is reveled on SEDI..... The short ... WHO? and the managment selling all indicate to me that a placement has been agreed to at a lower price.... otherwise why sell?
This little smatering here is just the tip of the selling iceburg... check for yourself.
I hinted before that managment may want a placement lower.... selling us shares only to replace them with cheaper PP shares and a full warrant.
I figure they want a PP in the $1.00 range, and for double the dilution I was proposing.
Check SEDI!
JMHO
Fancamp Exploration Ltd. (FNC) |
As of April 26th, 2008 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Apr 25/08 | Apr 17/08 | Smith, Peter Henderson | Direct Ownership | Common Shares | 10 - Disposition in the public market | -5,000 | $1.920 |
Apr 25/08 | Apr 16/08 | Smith, Peter Henderson | Direct Ownership | Common Shares | 10 - Disposition in the public market | -10,000 | $1.920 |
Apr 25/08 | Apr 24/08 | Dubuc, Gilles | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 800 | $1.590 |
Apr 25/08 | Apr 24/08 | Dubuc, Gilles | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 9,200 | $1.600 |
Mar 18/08 | Mar 14/08 | Dubuc, Gilles | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $2.560 |
Mar 10/08 | Feb 29/08 | Dubuc, Gilles | Direct Ownership | Common Shares | 10 - Disposition in the public market | -5,000 | $2.800 |
Mar 07/08 | Feb 29/08 | Sayer, Michael | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -1,700 | $2.810 |
Mar 07/08 | Feb 29/08 | Sayer, Michael | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -2,000 | $2.830 |
Mar 07/08 | Feb 29/08 | Sayer, Michael | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -3,800 | $2.800 |
Mar 07/08 | Feb 29/08 | Sayer, Michael | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -2,500 | $2.850 |
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