Could be a number of reason for Dwek to sell at this point. The LP that was done needed to get cashed in is one possibility.

Dwek only takes a passive approach to investing vs Sprott that does get more active. By getting Sprott involved and giving them enough incentive to make this move, we now have an active party with 10% of the shares who may be able to direct Peter Smith about the best way to raise value for shareholders. Dwek still owns about 20% of FNC so if Sprott can make things happen, they will benefit very well.

Another tid bid of DD: Argex is now a stock at 45 cents and FNC owns 9M shares of them for $4M worth. The more I look at FNC, the more I scratch my head as to the valuation it is getting. What am I missing here beside Peter not being able to communicate value to the investment world.

If I had $27M dollars, I would love to buy FNC, break it up and see how all these individual pieces add up...significantly more than our current MC that is for sure.

Glorieux