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: CHM/FNC Letter of Intent
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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

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