Hey TeleProbe,

A view from an intersting angle! You are just bang on. These are just facts, hard facts. But, somehow the market is asleep. Perhaps, it would need some help by the new dream team (Nemis, Harvey and the eminent Prof. Mungall). They know where that elephant body is located, deep down. Eagle-1 is just part of the trunk. Be patient for the fireworks when they bring out the new Johnny and June (the drill rigs) to area C-1 of FNC RoF property.

Just to muddy the water a bit, and to whip up some curiosity: "Is the $4.22 valuation for Fancamp (without McFaulds Lake) fair and accurate? Just curious."-- TeleProbe, try this valuation for the rest of FNC:

- 17.5% CHM = 17% x $155M = $27.12M

- Magpie? many $M

- Beauce? many $M

- Lamelee? many $M

- etc? how many more $M

Just the first item aloneis 22.9M (27.12-4.22) greater than $4.22M, according to my $1 calculator. Hope that Nemis and co. can wake up this Sleeping Beauty. At least their promotional skills would be vastly "different" than Dr. Smith's.

To ease the pain, check out this illustrated rendition on YouTube...Ring of Fire by Johnny

http://www.youtube.com/watch?v=mIBTg7q9oNc

goldhunter