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: from eresearch (from BMK A&D
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from eresearch (from BMK A&D

posted on Feb 22, 2008 11:02AM

there is aneed to be careful!!!!! 

 

Independent Equity Research Corp., 130 Adelaide Street W., Suite 2215, Toronto, Ontario, Canada M5H 3P5

COMMENT: In our opinion, Fancamp Exploration does not belong near the top of this ranking

of stock market premiums, but we include it for full disclosure purposes. Fancamp has the closest

property to the Noront discovery, but has yet to invest in any property exploration and, in our

opinion, it is unlikely that it will. Given a lack of fi nancings, Fancamp’s shareholders’ equity is

extremely low, resulting in an infl ated premium to book value.
3 Recommendations
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