Someone on Stockhouse accused us of pumping. Quite right, I did pump with an extreme estimate at $13. Let's go back to my Dump post just to fairly set the extremes. If $13.00 is extreme then my dump calculation for a low extreme comes to $1.21

I use dump to mean someone who wants to liquidate FNC ASAP and take profits and run. There is no insitu value guess work here (necessary for estimating Noront's SP), but simply a sell it now exercise. This hideous act completely dismisses Peter's hard work in acquiring these properties. On some properties like Lac Lamalee, we don't know the mid or high cost of selling it, but one could easily guess the dump sale to CHM or a Fermont neighbor. This exercise is probably a realistic exercise we need to be aware of, due to those swamp predators prowling the murky depths for a tasty snack. Unfortunately at .50c we are a hydrogenated-oil McChicken sandwich with tumor pus that one covers up in denial with sauce.

Extreme lows for fast dumping.

Lac Lamalee = dump sale – easily 10mil

CHM 17.5% = dump sale–(64,330,099 chm OS x $2.11) x.175 fnc interest = $23,753,889

CHM shares that FNC holds = dump sale - 950thu x $2.11 = $2,004,500

( I thought it was 1.5mil, but it may be 950thou shares. I'll underestimate for this exercise)

CHM Fermont NSR = dump sale – 5 mil easily but ouch!

Magpie = dump sale – 10mil easily (in fact I think there was already an offer for that amount)

Argex = dump sale - 9mil x.32 = $2,880,999

Stoke, Clinton, Beauce gold properties = dump sale = $15 million easily

McFaulds = dump sale - 10mil easily

4 million in the bank

anything I forgot?

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total dump sale = $72,639,388 divided by FNC 60million OS = DUMP SP

$72,639,388/60mil = $1.21 dump sale.

$1.21 per Fancamp Share

Am I pumping when I say .50c for FNC is undervalued by at least half and we are ripe for a takeout?

Every time CHM goes up a dollar, our .175% increases our SP .1876c and our 950,000 shares goes up .0158c., totaling .2034c

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This dump SP is the minimum our current SP should be in a Tron-Like Master Control scenario. And then you wonder what the hell Baystreet Connect is doing and how they are failing miserably. If you can't sell a minimum dump SP easily justified by numbers as opposed to hopeful insitu numbers, then let us all hope they have an undisclosed marketing strategy to bring awareness and are not incompetent. Are they a startup company floundering without knowing the players in the game environment? I'm not saying I know how to sell to investors, but I’d like to benefit from someone who does.

It also should scare Smith a little to realize how ripe we are for a pick off play.

-stockgreed