A friend of mine was buying in the states through a broker. The broker told him that the FNC holders are a tight bunch and hard to negotiate with.
My friend told the broker that they'll loosen up at around $3.00.
Fancamp is drilling deeper this Sunday to clear a hole at C1 for downhole geophysics probe. Perhaps a news release Monday or Tuesday to announce that they've begun drilling.
I've got all I can afford, but if I could get more, I've got 16 minutes before it becomes too hard to get shares under .70.
Later Peter will demonstrate that the chromite does not jump over Fancamp. For a while, Peter didn't feel like he needed to drill for chromite. I wonder if Cliffs persuaded him to drill a few holes to join the chromite party, before they make an offer?
-sg