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: Very nice.

Flow thru / tax loss / Happy New Year!

in response to by
posted on Dec 30, 2008 05:25PM

Vila

Last flow thrus was for quebec Beauce property.

Peter cannot use monies for Magpie which although in quebec is also in a seperate company so monies raised by Fancamp cannot be applied to magpie.

Magpie would have to raise cash itself.

Tax Loss selling was done to offset gains earlier in the year - save some cash taxes in April. Nothing to do with buying it back lower - they have enough shares and can always get more thru options like the rest of the world,

To all Fancamp shareholders - wishing you a very happy healthy joyous and MOST PROSPEROUS 2009!!!!!!!!



Share
New Message
Please login to post a reply