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: Re: Fancamp Exploration
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Feb 23, 2012 04:26PM
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Feb 25, 2012 12:09PM
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Feb 25, 2012 04:04PM

Lethal,

Your math is just bang on 4 x zero = 1 x zero = a big fat ZERO. LOL

Anyway, let me try another approach. It may be true that the future deposit could be 4 times the current estimate (I am not talking value, just the "tonnes" of ore) because Magpie has 4 deposits. But, but...we have plenty of ore from deposit #2 that would last us for a long long time, hence there would be no need to bring in the other 3 (since you need to spend more money to drill them, etc.). They can be considered as gravy on the roast beef, or fresh carrots.

With respect to frustration, agreed totally that FNC would need to improve a lot on the promotion and marketing. I would tweek the upper echelon a bit by creating a separate CEO position for steering the ship and for unlocking FNC value for the benefit of shareholders.

Dr. Smith is an excellent Geo and he has been doing a good job in finding deposits, so he can keep on doing what he's doing, perhaps in the role of a COO (or President or whatever title) and leave the promotion, deal making to the CEO?

Parting shot: FNC has improved a bit (just a bit) in issuing follow-on NRs after CHM has issued its NRs. This is good, but the speed of change in other areas is at a snail pace and the company is still timid and has a strange way of doing things (mindset?). One example is the website name. The current name is not easy to find, because of the non-standard (and un-necessarily complicated) name.

Why not give it a simpler name such as www.fancampexploration.com (rather than

www.fancampexplorationltd.ca)? The addition of "ltd" would make it longer and unconventional. Also, I have nothing against Canada (as in ".ca"), but in the business world, ".com" is a lot more common. I would say "change is good" in this case.

Note: If the domain name www.fancampexploration.com has already taken, then some variation, e.g fncexploration.com can be coined. Or, FNC can always try to buy the domain name from the people who "reserved" them for resale (there are people doing that kind of stuff).

goldhunter

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