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 Duran 1

i would think that with Mineral Fields and friends plus sheridan there is enough to get rid of peter and debra and the crew of "hanger ons"

issue is whether MF is willing to play ball - and for the life of me cannot understand that passive roll they are taking and why they don't demand more.... maybe because peter gave ARgex their property for a sweet deal and MF is in Argex that it's one big happy family...

i can't tell how to push that button and make MF wake up and be repsonsible to their own shareholders.

we need to replace the "figurehead" directors with quality proven - management that has done things in the past.

has peter held an advisory meeting in the last few months - NOPE.

does peter listen to his advisors - NOPE.

come on folks wake up ! Peter is not exactly a salesman and convincing the world of our great assets - he missed the last run in commodoties and we went nowhere. no we are in a lousy market and struggling.... what happens when things turn around /perk up again and fnc is not prepared....

soooooooo sad we are stuck with management that has no "proven" reputation and can open doors and clinch deals with major companies.... alway hand to mouth... with no respect...

we will at some point get a hostile bid and i prefer to see the share value at a proper premium - not as a multiple to the discounted value we sit..... ....

does anybody out there really know what our break up value would be???

why doesn't the market care about magpie and 1billion ton potential - do you know that any strong CEO would have taken the proven tonnage and potential of this property and found a partner in a heartbeat ---

what coherant strategy does FNC have?

is peter really into the Chromite in ROF or does he think it's a waste of time ? does the rest of the world agree with him????? ASK HIM.

i don't like to beat up on people - but heh - this is serious money and i am tired of backing lame horses not performing... nothing against them personally - just out of their league..

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Jun 22, 2011 03:38PM
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