Best asset

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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From_Sudbury

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Best asset

posted on Jan 27, 2017 03:18PM

There has been some discussion of the value here....over and above the shares held in other companies....and in particular the Magpie deposit/project

I have to say, I'm not that familiar with everything in relation to that particular project or the value; but I do appreciate that there could be some signigicant, yet totally unrealized value there.

What I do know, from having been an investor in FNC for quite some time now, is that our greatest days of share appreciation has been in relation to the ring of fire. And although their main property in the ROF is currently optioned off to Bold/KWG, we still maintain a 50% holding and significant royalties.

Waiting for things to get moving in the ring of fire has been a real test of patience, but I believe we are getting there....and when we do....this will not be a penny stock any longer.