Fancamp Identity

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.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

stock greed

Rank: Vice President [?]

Points: 7947 [?]

Votes: 218 Score: 3.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Fancamp Identity

in response to

Re: Lac Lamalee discussions

lethalgal

posted on Nov 17, 2010 06:29PM

I suspect SP players were leaning KWG's side.

Good point. Fancamp needs a property breakdown. What properties are active. I could see how a prospective buyer would look at the properties on the website and look at the SP price and see the disconnect. Any new buyers would be overwhelmed. They would register: Iron properties, Lac Lamalee, Fermont, Champion, Magpie. Isn't McFaulds what' got FNC up there before. Are we Iron or Nickel? What is Fancamp's identity that I'd be investing in?

I will work on a breakdown. Perhaps Rago, Wax, and Fani could also work on it. It would be interesting to see each pov. Mr. Smith, if you read this, could you or Baystreet work on a comprehensive breakdown. Perhaps you could work with one of us for an unofficial projection for profit that no way in hell could you put in a NR and we can post it.

What are your thoughts on $1 Lac Lamalee. Is that ubsurdly low? My greed is getting impatient. I can feel it desiring a holiday bonus.

Quick's the word and sharp's the action

The idea of a FWR 4 or 5:1 buyout is a strong possibility, a horrible disappointment, and Smith already feels that heat. This is all the more reason for quick action of selling some of the properties now. Every 50 or 60 million is a quick 2:1 profit and, as a friend of mine likes to say, a major's coffee change in the break room. It also wouldn't require great negotiation skill.