1) Let’s not get all Noront-like and get a slew of posts because the SP is simply insulting.I keep trying to remind people that Smith’s delay on projects was awful prior to Granger.Since Granger was appointed Chairman on 12/10/10, FNC has moved rapidly to prove up property value.Check out the timeline, does this seemlike Smith’s Fancamp of old?

Look at this timeline: In 6 months, FNC proposes Magpie IPO (2/2/11), FNC acquires 100 percent of Lac Lamalee (2/16/11),FNC closes most of 14mil financing (3/28/11), tomorrow FNC closes first tranche of 10 mil pp for Magpie IPO (before the IPO!).Other things include: Lac Lamalee will be drilled in one month, and drilling in one month to finally get Magpie’s 1 bil tons indicated. We would have started these drillings immediately, but we are waiting for favorable weather conditions. There are ripples of a deal with Champion in the works.

We are also currently both drilling and waiting for assays at Beauce for gold (is it easy to see gold visuals of the core?).We are doing desolation lake work as well. We are currently drilling McFaulds for a new target and uncovered largest chromite strike in the world.THINK OF THAT. A while back, drilling McFaulds was the primary focus. Now it’s a side note.

This is hardly an inactive Smith Fancamp of old. So let’s not get all upset that someone is being a bastard and shorting our company.Since most of we posters here are long, let’s just agree that .40c is a buying opportunity and not sell any shares to the shorters. Since legally we can’t beat them, let’s benefit by their tomfoolery and buy what we can. Hopefully Smith and Granger’s timing will release news and make the shorters EAT IT! THE SWINE!

If I were a one trick pony company, I’d have that sinking feeling. Maybe the shorters have inside info that we don't. But I really doubt they have anything. They're taking us down, for their shorts. I have confidence in the overall plan Granger and Smith are executing to prove up the properties. So if you are long, the attitude should be ”Hell yea, .40c is a buying opportunity!”

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2) Smith looks at the SP everyday and feels frustration, just as you do.I just don’t get it when rotten tomatoes say FNC’s stock isn’t worth the current SP and it should be going down.What’s it based on. Where’s the downside with his company? I just think there are shorters out there in many guises.There's not much Smith can do when folks short a stock, that is to say, they make money on the way down -as opposed to selling high and buying low. It's really to easy to own enough shares of a Jr. to sell it down, and cash out with your concurrent short sales.

One important point is worth noting. Granger has just attracted serious, big-time investors to Fancamp and Magpie. Where before, FNC was unnoticed, now we are on the radar. Great right? But the downside is we are now on the radar of swine shorters.

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3) There are two criticisms rotten tomatoes can fall back on: 1) Smith takes to long. But as I showed above, he’s moving fast now. 2) Smith needs to put numbers out for Magpie.This I agree in the form of an interim magpie report.Is there anything else to criticize at this point that he can control?

In terms of timing of getting SP increasing info, the one thing we should feel pleased about is we know we’ve got info worth putting out. It's not like a one trick pony company that were hoping has something. We know it's there and we know generally what it is. I suppose the other complaint is, the timing isn’t suiting some of our needs. Like right now would be nice.

But, please keep in mind, he's never worked so closely with someone who knows the language of institutional investors and knows how to manufacture a contract the way Granger does.I think they want to prove up the properties correctly, and earn the confidence of the large institutional investors now involved with FNC.

Let me give you an example of what I don’t want Smith to do:Granger sees many, many multiples from Magpie. More than I've been talking about in the recent posts. The only reason I don't talk about it is because I don't know the numbers he's talking about, nor do I understand the evaluation structure or share structure. So supposing a ripple echoed my way of numbers like $10, I mentally think, "what, no way, show me some data to back that up, because I don't believe it."

Yet, I know Smith and Granger are cooking something up that's very serious, and the players behind it are very serious. But I certainly wouldn’t want my CEO quoting numbers like that, they’d earn distrust of the integrity institutional investors expect ion their investment. They need to establish the evaluation via metallurgical results, which need/demand indicated ore, not inferred ore. This takes drilling.

Therefore, as much as I want those numbers of Magpie out, I've just got to let Smith and Granger do the Magpie IPO their way. And, as much as I want Smith to get the SP up there, I have to trust that Granger and Smith will execute each step necessary to prove the other properties up, which they are doing with all speed at this point. I just need patience and know that the SP will slowly work its way up to multiples through Summer and Fall.

No, SmithIsn’t paying me to write this. I wish someone would ask him to though. I’ll take shares rather than cash.Also, I wish an I.R. company would do some of this for us, and provide maps and data on the new website Heather is working on.

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4) Regarding LG’s post. It’s my pleasure, when I have the time, to post on FNC.I feel like, though all posters have differing tolerances for postive and negative posts, we are all in this together for that big multiple in Fall and then with Magpie in Nov.Following the breakthrough, I would hope Smith organizes a party at the office and perhaps a visit to Fermont area.

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5) Eudomania told Smith that without news there was an opportunity for FNC to crash. We’ve experienced a crash before when all our hopes hinged on finding nickel at McFaulds. Nothing can make us crash like that perfect storm of not finding ore and the entire market crashing at the same time. A crash doesn’t make sense at this point because we actually have ore. A takedown is different from a crash.

A takedown can occur by stock manipulators. Takedowns are great buying opportunities that quickly rebound –especially if the company actually has the goods -which we do. So if McFaulds delivers nothing but chromite, there won’t be a crash.It is sideline to Champion, Lac Lamalee, and Magpie which is our bread and butter. We aren't a large trading company, as most of us hold on tightly to our shares, so there will be large swings downwards during a takedown, impatience, or disinterest. And there will be head-spinning large swing upwards as well.

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6) Conclusion: push Smith for dividends, push for direct owneship, push for no dillution, don't sweat the SP. The SP will reflect the info that is on its way, for that is the Road to Multiples that Smith and Granger have taken. The Fancamp Plan is solid. The plan's course has no choice but to deliver multiples during summer, fall, and winter of 2011 -not 2012.

-StockGreed