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: Re: Fancamp = Canadian Lottery - NUTS
3
Aug 27, 2008 07:15AM

Lottery is the wrong choice but risk there certainly is as well as huge potential reward.

You want sure thing, sort of, then buy good bonds or savings certificates and watch inflation remove your cash value.

For a potential 3 5 or 10 times investment return you have to accept the risk that 50% or more of your investment could disappear. There is not guarantee FNC or anyone in the ROF is going to hit anything like Noront did, even Noront didn't initially find as big a deposit as most thought they had.

Does FNC have great drill target? You bet but now they have to find the right quality and quantity. Everyone will know more in a few weeks and with that knowledge will come a higher share price to pay to own a piece. Just the way the market should work.

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