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: fnc kwg bol on monday?

Mar 13, 2015 07:55PM

I don't really expect that the SP of FNC will drop on this announcement at all since the market was already attributing absolutely zero value to our ROF KWG/Bold option ( given the extensive negative media coverage of the ROF over the last 6+ months purporting a complete lack of progress with no expected actual chromite mining for another 5 to 10 years). Even if the 35 million shares forthcoming expire worthlesss at some point in the future, the property will still revert back to us should KWG/Bold not meet the other option requirements.

Cheers,

Luker

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