Our Very Own Resplendent Mansion
in response to
by
posted on
Oct 02, 2015 05:43PM
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.
Hello TBS.
Don’t be so glum. There’s no need for you to wait until December for your wheeling and dealing.
At our price level of two and one half cents, collectively, right now we have more than enough to get some real enjoyment out of our investment. Multiply two and a half cents by our present share count; and you get Fancamp’s present market capitalization of $3,722,731. Thanks to the extra half penny (above today’s low), that’s a handsome chunk of change (even, most days, for me).
This afternoon, I was toying around with the idea of buying a second family home in one of the pricier Toronto neighborhoods. But being (this month) I’m a little short of ready cash on hand, I figured I would get together with all my good friends, in the Fancamp Investment Community. I have a bright idea, which will bring more sweet luxury into all our lives.
Today is my lucky day. I found my dream vacation home.
http://www.luxuryhomes.com/lh/listing/Canada/Ontario/Toronto/Bridle_Path
There’s only one problem, holding me back. I just double-checked with my accountant who confirmed, to my dismay and embarrassment, that not only am I short the $28,888,000 asking price; on top of that, I don’t even have the $5,777,600 for the twenty percent down payment.
However, making the transaction easier to make, I’m relieved to say the Listing Real Estate Agent seems to be very eager to help. She is also very imaginative. She thinks she can get the Property Owner to agree to a swap of Fancamp (at the market cap of $3,722,731)—plus the remaining $2,054,869 in cash—for the down-payment.
The idea is to share the expense, proportionately, the same as we’ll, proportionately, enjoy sharing our new home. Remember, the value of Fancamp ($3,722,731)—by itself alone—is already worth well over half the down payment. All we have to do is raise the remaining $2,054,869 of the down-payment.
As soon as the Fancamp Shareholders, collectively, agree to take advantage of the Property Owner’s generous limited-time offer, we can party and begin to live it up. There’s only a few details I haven’t, as yet, added up, such as the mortgage payments, the annual taxes, the utility bills, the insurance, and the annual cost of the upkeep.
Proportionately, after paying your annual share of the mortgage, taxes, and upkeep, you’ll be an integral part of our very own, grand, time-sharing package. For example, by your trading in one million shares, proportionately, that size share of the down-payment ($25,000 of $5,777,600) will buy you 38 hours a year of exclusive use of the property. Even a modest holding of 100,000 shares, at these rates, will buy you 3 hours and 48 minutes a year. Think of how much play and enjoyment you and your friends and family will experience for nearly 4 hours every year (after expenses)!