I have been no fan of FNC for a long time. Management here has accumulated great properties but has failed to deliver any shareholder value. However, I bought today and may buy more simply because big money is now moving in. Sprott via Cormark took 5M shares of the hands of Dwek management-that is 10% of our share float. I strongly believe in Sprott and that when they make a move, I pay attention and for them to step up to the plate and spend 2.5M dollars is something that is worth my attention. I do not believe Sprott will let this money sit and do nothing for 2 or more years. Things are finally going to start moving here IMO and I think those who follow big money will be rewarded here.

From what I can see, FNC share of Iron ore is worth more than the current share price by itself. Forget McFauld's, forget the Beauce, we have lots of value in Labrador and this is where we will finally see some value coming from FNC IMO.

Glorieux