The price for FNC is up 25% over the last three days. Why? I BELIEVE it is because drills are coming (fact) and Fancamp has great promise because it is so close to DE1.
FNC and NOT are working closely together in trying to get a handle on the nickel deposit, Eagle One, where it came from and where it is going.
If folks were thinking you would have to believe that, as they see value in FNC, they see greater value in NOT, since DE1 sits on NOT's land! So, you would think that NOT shares would also be up 25%, and especially as we know that NOT is also drilling around and north of DE1.
But the market is funny and not to be predicted. Suffice it to say, if NOT stubbornly refuses to rise, any good news by FNC will send enough electricity into NOT to get her going once again to her next high... and vise versa.
BK