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: Question?
8
Oct 26, 2011 04:34PM
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Oct 26, 2011 04:45PM

Greetings,

Long time lurker and FNC shareholder, now I have a question that maybe someone can help me with.

McFauld's Lake doesn't come up very much any more on this board but that is the reason I got into this stock.

My question is why has the FNC stock price roughly been half of that of Noront since April of this year? I might be looking too much into this but man, this has now been going on 6 months. Are we being set-up for a NOT share offer whereby they will offer 1 share of Noront for every 2 FNC owned?

If that is the case and they are going after the entire company, I would quickly vote no. However, if the offer was only for the McFauld's Lake claims and FNC keeps everything else, I would for sure vote yes.

Hopefully this question will provide some good discussion for the evening.

Cheers,

Buckner

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Oct 26, 2011 06:09PM
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