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: birdies

"Peter is desperate enough to plant that bird on your window sill."

One bird, he probably could and maybe would plant if given the opportunity. In that style he is very similar to every CEO we have had to deal with in the ROF to date. To put one's faith in the man would be a sure route to ulcers in the same fashion as FWR or SPQ.

However, rather than the man, look at the company and it's prospects, short term;

The JV with Champion; they just bought out sheridan for 6 mill. FNC opted to hold.

Magpie; awaiting metalurgical results which will likely then be sold.

Either of the above would fund a lot of exploration going forward.

Investment in RGX, which could be huge with positive metalurgical results.

ongoing drilling in the ROF, results out this coming week

Ongoing drilling in the Beauce.

Any of the above could drive this company to multi dollar share prices, but even just as it is doing in the market with only potential and no hard results is impressive. When I closed out of SPQ, a good chunk went into FNC. It has had a 50% slow move up in only 2 weeks with no news. What will happen if any one of the above comes out positive???

best regards

K

Share
New Message
Please login to post a reply