Re: FANCAMP OPTIONS TWO HIGHLY PROSPECTIVE CLAIM BLOCKS IN THE CHAPAIS COPPER-GOLD M
posted on
Jan 08, 2013 01:02PM
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.
Seems to me that anyone with even one iota of business savvy would ONLY engage such a deal if they had extreme confidence that their overall business plan would increase the SP to such an extent that the resultant dilution from executing said arrangement would be trivial as compared to the MCAP of our company at the time (ie. our SP would be at say ~1.00 necessitating a less than 5% diluition) OR that we would be monetizing other assest for cash, and thus obviating the need for further dilution.
...So to me this is in fact a strong "tell" that great things are expected in the near future...on the other hand, my thoughts might be just wishful thinking in an attempt to offset the possibility that things are status quo with FNC , despite the illusion of a shakeup with corporate strategy....time will tell...
Cheers, luker