FNC half of NOT

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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stock greed

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FNC half of NOT

posted on Aug 03, 2010 03:21PM

I got an e-mail that was disgruntled that Fancamp was almost half of Noront's SP. As a Noront shareholder I could feel despondent. However, Fancamp is not a one trick pony, so FNC and NOT can't be equally compared. Fancamp has other properties which could easily take it above Noront even if, and if meaning very little chance, Fancamp found granite under C-1. That being said, Noront is undervalued for McFaulds and Fancamp is undervalued for it's other properties. Just get in early, like now, hold it and enjoy summer.