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: Railroad Workers.....correcti... and.....
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Cia ship Schedule. That's a lot of ore!

Tony T
Apr 15, 2018 12:47PM
Re: Railroad Workers.....correcti... and.....
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MitchyM
Apr 16, 2018 10:18AM
Icon president Re: Railroad Workers.....correcti... and.....
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luker
Apr 16, 2018 10:51AM
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Tony T
Apr 16, 2018 01:22PM
Re: Railroad Workers.....correcti... and.....
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Inca
Apr 16, 2018 01:54PM

Decisions like that make investors wonder if FNC prepares a cash and capex budget. SX shares were clearly a non-strategic asset and should have been sold to fund known capex and salary/admin expenditures.

Does FNC have a CFO? If so, did that individual not know FNC would be cash negative and have to borrow? This should have been forecasted and a decision made to sell SX shares (a non-strategic asset that frankly was gravy)

Seriously? This should not have been a surprise to FNC management.

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luker
Apr 16, 2018 02:08PM
Re: Railroad Workers.....correcti... and.....

Tony T
Apr 16, 2018 02:45PM
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