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: Justice / Roos / Cappy - re Magpie - thanks
4
Oct 25, 2008 08:38PM

Hey,

My take is that I really don't mind the current structure of FNC holding nearly 50% of the Magpie shares. I've seen other companies do this all the time. Let's not forget that it was Peter and Sheridan who were quick in securing these claims for us. Otherwise, we would be pinning our hopes on McFauld's. Although, I'm still very very optimistic we will do very well there in the long run. And also excited that we might be zeroing in on something now.

Thanks to Fani and others for their reports and news from the agm.

GLA,

Eudai

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