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: Maybe chance of deal

Maybe chance of deal

posted on May 14, 2008 08:19AM

The news today of joint venture between FWR and NOT where each of them threw part of their claims into the pot and take 50/50 on whatever results could be a nice precident for FNC to follow.

Could be very attractive for FNC to share cost of exploration and participate in 50/50 on somewhat larger portion of anomality identified on the border between FNC/NOT claims.

Not sure what such a deal would do for Noront but it sure would immediately boost the FNC market price.

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