Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: MF + Weak Market = short term trouble

I know that this is the last resort to do something by management if they don't have any other alternatives. FNC had $14 milion in cash after the last financing and still has $8 million which is enough to go forward with the share buy-back plan. They need to focus on two projects for this year and halting all other projects especially drilling at ROF and desolution lake. I think MF has a hidden agenda....

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