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