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: I called the Burnaby office today

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We have no way of know what if anything will be hit when FNC drills. You are probably right that (in the short term) that if we hit Ni we jump multiples and if we hit Chromite we get a yawn or lose share value. In a slightly longer term horizon it comes down to the value of the hit whether it be Nickel or Chromite. Either is possible so you assess your risk tolerance and decide to do what you want to do. If you don't like the risks pack it in and move on to the next play. If you like the risk then live with it and stop spooking people.



.... Been There

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