When one understands the future with Fancamp is solid, backed up by knowledge of our course of action, a decreased SP is hardly deterring. Let’s discuss some new ideas, with lots of links for further research. It will seem jumbled as it's exploring ideas.

Fancamp has a New Position in Beauce.

Fancamp now finds its self in a new role then its usual strategy.Usually Fancamp waits for others to drill and they benefit from proximity. Now Uragold and Fancamp are playing info tag team.Uragold just completed sonic scans April 18th.

http://www.marketwire.com/press-release/uragold-discovers-gold-rich-basal-till-suggesting-proximity-bedrock-source-beauce-placer-tsx-venture-ubr-1503555.htm

Now Uragold is waiting to see the results of FNC drill assays and V-tems (completed last week). The information available for Smith to study is extensive. Not only does he have Uragolds info, he also has historical info from previous drill attempts and Fancamp’s V-tems and drill assays.

Uragold map: http://www.uragold.com/Site/News_Info_files/APPALACHAIN%20CLAIMS%20MAP.pdf

Fancamp map: http://fancampexplorationltd.ca/images/SEQCMAPLG.jpg

Uragold news: http://www.uragold.com/Site/News_Info.html

This was an informative conversation from Renaissance on Uragold Agoracom confirming what Smith believes and is chasing.

Drill results will be released

posted on Apr 18, 11 02:39PM Use the IP Check tool [?]

This afternoon, Patrick told me that the results and the final report of the drills will be published, he said that the preparation before sending the sonic drill samples to the lab takes longer than those of traditional drilling. He said that the importance of today’s NR is the indication that the placer gold did not come from far away, it is native from the bedrock and was formed locally. The geological model indicates the presence of a local deposit of gold, apart from the known gravel gold deposit. –Renaissance

http://agoracom.com/ir/Uragold/forums/discussion/topics/480232-drill-results-will-be-released/messages/1544568#message

2 Majors Have Advanced the ROF Timelines

The timing of our chromite discovery was extremely fortuitous.However, I keep in mind that chromite is only a 7-billion dollar market. We’ve always felt a second major should enter the Ring of Fire, but many resided that there will only be Cliffs. They made many feel their ore truly is remote, unless Cliffs makes an offer.But finally a second major has entered the Ring of Fire.

BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT

http://tmx.quotemedia.com/article.php?newsid=40884380&qm_symbol=NOT

also

http://agoracom.com/ir/Noront/forums/discussion/topics/482453-a-step-in-the-right-direction-today-we-made-the-national-financial-press/messages/1549714#message

This is the competition for Cliffs we’ve been waiting for prior to Freewest, the major we felt should make their presence known –like when DeBeers was looking for kimberlite, possibly when Xstrata was involved when the claims for the properties were first filed, and possibly later when there were rumors of an Xstrata offer for Noront.

Now Cliffs’ territorial dominance of the ROF, including transportation access points and additional metals, are at the very least threatened. If you intend to be in a remote area for 50 to 100 years, would you want to be there with a small bit of territory, while a company 5 times your size owns the bulk of the territory that Noront possesses? One can assume the time has run out for Cliffs’ strategy of simply waiting out the impatience of jrs to buy their ore cheaply.

Most importantly, Fancamp now has the personal who know how to negotiate around contracts. I liken this positive aspect to the first time I began investing. I delayed making moves due to lack of experience and confidence. Time lost were opportunities lost. Due to Granger, Smith need not shy away from contractual negotiations that can get us money. Therefore, with two majors, many different scenarios dance in one's head,with advanced timelines.

For example, and I realize it's premature: if there is time to prove up chromite ore, one could create a joint offering of Probe and Fancamp's chromite. 300million could fetch between $1.50 to $2 per share for both companies’ shareholders. But back to reality:

We are chasing nickel. He’s drilling a 900 meter hole, at say 50 meters per day, can take 18 days -probably less. 14 days and then time for assays. But massive sulphides usually leaks on visuals. if we hit nickel by mid May, the timing could not be more perfect.

Still, thank goodness I don’t have to rely on Blue Sky prospects to get bread and butter this year. Since we are excited about blue sky projects, let’s talk about another one.

CEO News Release Styles

Fancamp is about to have a series of News Releases regarding Magpie PP (one this week, one the next), McFaulds, Beauce, and Champion-related issues.

http://agoracom.com/ir/Fancamp/forums/discussion/topics/481912-conversation-with-peter-smith/messages/1548408#message

Ilike KWG's last news release 4/12/11.It shows the type of bold news releases that give prospective numbers investors can rally behind and create demand.

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=40250250&topic=KWG:CA&symbology=null&cp=null&webmasterId=92583

"KWG President Frank Smeenk commented that,"The PEA results indicate the Big Daddy deposit, if developed, could provide compelling returns to the owners at present prices. The estimated undiscounted cash flow per presently outstanding KWG share over the life of the Project, from KWG's interest alone, is $2.97 per share."Please note, cash flow and NPV do not represent a fair market value of the project."

I know this isn’t Smith’s style, but still it’s time for Peter Smith to give some prospective numbers to help our SP. There may be reasons he hasn't yet.

Most of us don’t really know what’s going on behind the scenes. I’m sure Fancamp and Champion are in negotiations, and concurrently Champion and another major is in negotiation. Does Cliffs supply chromite to Baosteel, as Rago posted?It truly is difficult to comprehend the complete picture.

Bigger Picture Links

http://agoracom.com/ir/Noront/forums/discussion/topics/482312-enjoying-the-posts-lots-of-food-for-thought-this-morning/messages/1549420#message

http://agoracom.com/ir/Noront/forums/discussion/topics/482308-think-bigger/messages/1549389#message

http://agoracom.com/ir/Noront/forums/discussion/topics/482391-cliffs-baosteel-wuha-iron-and-steel/messages/1549567#message

http://agoracom.com/ir/Noront/forums/discussion/topics/482405-some-interesting-history/messages/1549595#message

http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/6023988

http://www.platts.com/newsfeature/2010/SteelPrices/index

http://ironinvestingnews.com/1651-more-iron-from-india-may-not-relieve-steelmakers-pain.html

http://www.ironoreteam.com/content/china-wuhan-steel-keeps-carbon-steel-prices-flat-may

One can also find competition with Baosteel Group Corporation with Wisco.

http://www.sinocast.com/readbeatarticle.do?id=56336

I couldn't find evidence that Baosteel gets chromite from Cliffs, only from a newly aquired Indian company.

-StockGreed