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: Ideas for improvement of investor awareness

Unfortunately, the company is of a different opinion regarding the ideas expressed on this hub recently.

Let me just post the reply from Michael for you to see their reasoning:

Thank you for your e-mail.

In all of our communications with shareholders and the investment community, we take care in outlining the extent of the FNC assets. In the current market, we are not alone in trading at less than ``cash value``.

Given the volatile nature of the value of shares on the markets and the lack of liquidity that exists, especially in the Champion share holdings, it may be considered misleading to explicitly post current market values of these holdings. Our press releases have, in our opinion, clearly outlined the details of the holdings and our financial statements, which are published on a quarterly basis to Sedar, also show our assets. We believe that the readers of our website, press releases and financial statements have a complete picture of the inherent value in Fancamp and we will continue to work to maximize this value for our shareholders.

I will, however, explicitly discuss your ideas with senior management to determine if this information, or other relevant information should be included in the website.

Regards,

Michael D'Amico

So, we have knowlegeable investors who are able to see the massive undervaluation without additional "help" from the company ! Good to know, because their action is quite different, bad markets or not !

FANTOMAS

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Jun 01, 2012 09:25AM
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