Rago, Would the private equity fund include all of FNCs marketable securities?

With regards to a buying opportunity now, I agree there is: however, based on public knowledge, there are hundreds of better buying opportunities elsewhere.

I give management credit for building a good portfolio of resource projects, securities and the Magpie process, but they really suck at investor relations.

For now I will hold and continue to make money elsewhere until I see good reason to move more money into FNC.