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: CHM/FNC Letter of Intent
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CHM/FNC Letter of Intent
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goldhunter11
May 09, 2012 10:48AM
Re: CHM/FNC Letter of Intent
2
mike97
May 09, 2012 11:03AM

I wouldn't interpret it that the market seems to think that it is a better deal for CHM vs FNC, but merely a reflection of the fact that CHM will be taking a sizeable percentage ownership position of FNC at $0.30 and thus our SP is raising to reflect that new "near-term" SP base, in combination with the fact that CHM is more liquid in general and thus it's SP drop is more reflective of the negative sentiment in the TSX and price of gold today.

IMHO,

luker

4 Recommendations
Re: CHM/FNC Letter of Intent
8
rago1
May 09, 2012 11:47AM
Re: CHM/FNC Letter of Intent
4
brattymack
May 09, 2012 12:02PM
Re: CHM/FNC Letter of Intent
15
rago1
May 09, 2012 12:44PM
Re: CHM/FNC Letter of Intent
11
goldhunter11
May 09, 2012 12:47PM
Re: CHM/FNC Letter of Intent
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rago1
May 09, 2012 01:19PM
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