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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: FNC and PRB the ones to watch for % gains

FNC and PRB the ones to watch for % gains

posted on Feb 27, 2008 04:28AM

Called FNC Monday. I called on Monday 4 pm Alberta time and got told that final drill targets are being picked from new data including ground work. Mid march is what I was told but that could always be delayed for whatever reason. I was also told that 2000m of drilling would cost $500,000K They had $1million and have been burning through it. They will obviously do a PP but it will be at higher levels that's for sure.

I did ask why don't you do a PP at $2 as 5 million share dilution wouldn't be bad. They are holding out because they truly believe they have a huge deposit on their claims.

I hope so because I backed up the truch a while back. PRB is a solid play also. Palmer is a stand up guy and has a PHD so he's no idiot, but in fact a lot smarter than a lot of the so called geo's on these boards, he's walking the talk at least.

GLTA McFaulds players.

Oz

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