Very well written TeleProbe. Lots of valuable info.

one point which makes negligible changes to your calculations:

from their f/s ending Oct 31, 2015

"The Company holds 1,110,000 common shares in the capital of Argex Titanium Inc. as of October 31, 2015 with a quoted market price of $0.06 per share (2014 - $0.62)."

I definitely agree with your “Who’s minding the store?”

Maybe some company or individual with cash burning a hole in their pocket will realize that FNC is ripe for picking.

Keep up the good work TeleProbe. I always enjoy reading your posts.

Terry