Just thinking about if FNC should JV with Noront . Unlike Probe there is no discretion of to whom the property belongs to . So FNC still holds 100% interest in a very large chunk of property right beside Eagle 1 . Prime property .

Noront is hitting very good , deep under Eagle 1 with stepouts rumoured to be maybe 350 meters out ?

I would say guaranteed there is chromite in the northern sections of the FNC property and whatever else that could turn up .

So if Not offered to spend say $ 5 mill on the property for 25% , wouldn't that be OK as no dillution for FNC until later if (when) the drilling did hit nickel . Or the JV could go for 50% to Not with Not spending more $$$ and hopefully putting in some holes by year end ?

If anyone has any thoughts on this I wouldn't mind hearing .

Stranger (hold both Not & Fnc )