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: From Forrestt

Apr 16, 2008 05:32PM
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Apr 17, 2008 12:15PM

If Nemis is certain that Fancamp has something big, what is stopping him from buying FNC? Comparing Market Cap, there would be more money to be made holding FNC paper than with NOT if both were to hit something similar wouldn't you think.

It would be interesting if there was a way to determine if any NOT insider has been loading up on Fancamp.

Drilling is coming.

NOT ending their exploration that would extend Eagle 1 South for another 100m to Fancamp property was not performed as part of what easily could have added to their so called resource estimate. An increase to the estimate being worked on would only have required a few additional holes but would have added to FNC value.

It is absolutely facinating that the most up to date drill plan for Eagle One published by Noront is from early November, and if you were buying Fancamp, why would you clearly demonstrate a widening (as stated in a recent Press release) as it trends South.

Smith is slowly pluging away, and will comment trusting that they are working a swamp rather than permafrost (permafrost winter drilling is often done by choice with environment consideration) my take is that they will be more effective in setting up facilities and starting up drilling with arrival of warmer weather.

Anyone believing in Fancamp should be jumping for joy at the fact these low prices are still here and they should br buying up whatever supply is avail.

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Apr 17, 2008 08:16PM
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