you have to admit this is sad - to watch the stocks get hammered due to politicians that are incompetent beyond all imagination.... so sad.
As mineral fields is the largest shareholder and it was too passive - IMHO - the current situation for fnc shareholders gets exaggerated.
MF needs cash so they sell ALL stocks in the portfolio to generate what they need. Since FNC has been unable to find "other" general support - the sale in this market causes more of a down draft than necessary.
too bad peter and Co will never understand how to make proper networks and get wider support.
seems like the short term pain will be longer than we want -and the reversal of fortunes will take longer for ALL juniors.
Still concerned that if this drops low enough - fnc shareholders may not get a chance to reap the true rewards as a low ball offer from a canny and smart largecap would be warranted for all that - InSitu - potential.
oh well - heres hoping we are off the radar screens long enough to prove up reserves and support for stock.