Re: 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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Re: FNC half of NOT

in response to

Re: FNC half of NOT

NevilleD

posted on Aug 03, 2010 03:36PM

I know, and I'm guessing here. A lot of people forget about market caps and think leverage. For 10thou dollars how many shares can I get of FNC vs. NOT, and which is likely to get me upside sooner. Take today's volume. A PM today was commenting that it's not leak volume, so no one knows any leaks good or bad. Amazing but true. Our CEOs are doing a good job containing. Plus we are so tightly held, its us trading with us, with a few new folks buying in or increasing their hold. Those folks buying in aren't concerned with MC, they're concerned about multiples. Those selling aren't either. They're concerned about penny profits. market cap is a distant consideration compared to how many shares can I get and how many multiples can I get. Fundamentals are out the door compared to the profit anticipated.