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: Keep them coming
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Nov 01, 2012 08:48PM
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Nov 01, 2012 09:17PM
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Nov 01, 2012 10:28PM
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Nov 02, 2012 12:15AM
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Nov 02, 2012 09:04AM

It seems to me that Marquest was a shareholder and they had every right to vote, but they don't hold all the total 37,113,283 that voted for the management board, so it's as if you don't seem to think all the other shareholders count. I guess if someone doesn't vote your way, they don't count to you? It took more than just Marquest to pass that resolution.

And now, because Marquest didn't vote for the dissidents, you've started a derogatory campaign against them, saying they 'cut a deal' to get their vote, they're going to do a 'dilutive' financing, all based on speculation. I can see why Peter didn't want to do a deal with you, if this is how you operate in business. Quite the slimy campaign you have going on here.

Oh, and BTW - if a company needs cash, and right now FNC doesn't - despite the additional costs as a result of the dissidents (which BTW I'm pissed off about), there's not a whole lot they can do in this environment when the stock is trading at these levels other than be dilutive (versus NAV). Thankfully, FNC doesn't need cash right now, but they are obviously going to have to be prudent because who knows how long these market conditions will last.

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Nov 02, 2012 10:08AM
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Nov 02, 2012 10:42AM
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Nov 02, 2012 11:48AM
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Nov 02, 2012 12:01PM
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Nov 02, 2012 01:07PM
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