Progression
posted on
Nov 23, 2011 06:53PM
Magpie progression of News Releases leading to mid Q1 will provide plenty of big money inquiries. Assay reports of a good amount of economic iron. I dont believe Chinese lack of environmental restrictions make Ti/iron separation an economic issue. A news release of sale of offtakes to Chinese may confirm this, advancing FNC into a light that provokes demand. Metallurgical NR will create further inquiries. Then a 43-101 NR will create interviews and na Pea and NPV NR will add to this. Then IPO ownership date will like milk to a feline, increasing demand. Negotiating a
Deal for buyout of Pats shares by a friendly signing 2-yr FNC control will create demand. Magpie share stucture
NR makes owners of FNC bring out their dollar calculators. IPO will immediate create FNC asset value increase. Finally an announcement of intent to creators direct ownership owner end date. So in light of these progressive news releases, I see an increase in FNC share occurring no matter how NR is written or when it is released. I can also see a buyout before long.