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: MD&A - Mac Watson and Fouad K to join board

JV for sure. What is happening is that everyone and every play are aligning themselves. FNC is part of the mix with FWR, SPQ et al.

John Harvey goes back to FWR as well.

The team is getting stacked up and this play is below .50? Low shares out and it appears there will be no or very little dilution.

Smith is a pretty cool cookie. Doesn't need do a thing if he doesn't want to. Just wait for the right price....:)

Don

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