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.

Free
Message: My 2 Cents

In my experience, a faith in the Company and patience is a really virtue if you wish the sp to rise in a wild swing. This stock is being traded at low volumes lately, so a small amount of dumping would make a dent to the stock price. On Monday, Deb said PP was not likely to be closed by the end of this week and had count in two days to get an approval from TSX Exchange.

I am personally expecting the trading volume will go up dramatically next week with upcoming news releases regarding PP closure and exploration activities/plans in southern Quebec (Clington, Beace, etc.) properties. In the second week of May, Fancamp would probably receive the first assay results and Noront will close PP by May 12th unless overscribed. I don't think the current low sp would no longer stay at $.50's.

What I heard was Fancamp was pleased with what they saw in the core during the width testing and deep-down drillings were planned sometime this week.

April 12th - Fancamp Exploration arranges $2-million financing (Closing Date: sometime next week)

April 19th - Noront plans to raise up to 15-million (Closing Date: May 12th)

Cheers!!

Share
New Message
Please login to post a reply