Why wouldn’t you be a cheerleader?
Every time posters suggest $2.00 for FNC or lots more for Magpie or Champion interests, we posters are accused as pumpers or cheerleaders instead of evaluators, doing our best to carefully ascertain the worth of properties.
On one side you’ve got cheerleaders, on the other side you’ve got rotten tomatoes, and Smith is a coach who doesn’t get involved. But if our CEO doesn’t provide an SP estimate, or he is in negotiations and it isn’t judicious to do so, then isn’t it is up to us?
For my part, for the reasons listed in the “Conversations” post, I remain optimistic. My enthusiasm isn’t the hope of an unrealistic, determined, and optimistic cheerleader but researched presentiment. http://agoracom.com/ir/Fancamp/forums/discussion/topics/481912-conversation-with-peter-smith/messages/1548408#message
By the way, since I posted, Baosteel - the 3rd largest steel producer in the world-just bought into the ROF 300 meters from our C-1 target.This makes the timing of our 300 meters of chromite fortuitous.It would also be excellent timing for the large target they’ve zeroed in on to be nickel.
LadyLuck favors knowledgeable investors: Mike and Smith are excited about an impressively sized target, FNC has downhole geophysics, they know what chromite signatures look like, they know what Fancamp’s nickel signatures look like, they know what Noront’s nickel signatures look like, they know what worthless material signatures look like, and they have the evidence leading to what I call the Ruler on the Fault Theory at E-Nest.
As Rago says, it will be a game changer if they actually uncover massive Ni sulphides. But so would Champion doubling it’s ore, so would proving iron folds on Lac Lamalee rival FireLake North (as Smith believes and Larsen agreed it is a possibility -which is why Smith and Granger won't allow LacLamalee to be included in offers from or to Champion), so would going from inferred to indicated on Magpie and releasing the IPO numbers, so would finding gold at Beauce.
Why wouldn’t you be a cheerleader?
-StockGreed