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: Everything is ROSY
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Mar 16, 2012 05:50PM
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Mar 16, 2012 06:53PM

"This should be $10 minimum IMO!!!!" -LG
"No it shouldn't be. Not even close. Not when we have a CEO who can't focus." -MG

Supposing you had a different CEO, what should Fancamp be at? Suppose we had Larsen and Quesnel directing Fermont. Suppose we had Nemis, Harvey, and Mungall running MCFaulds. Suppose we had a connected, demanding, offtake, buyer pumping money into Magpie demanding, providing, and attracting a CEO who knows how to take a property to production. Suppose FNC were exploring a grassroot property like Desolation Lake which potentially could draw Sudbury comparisons.

If FNC had all the above, where would you value Fancamp?


My frustration lies not in Smith, but the SP disconnect with Fancamp assets values. This type of disconnect is a bottomfeeder's dream. It says something about the nature microcap catalysts. Anticipation of asset recognition doesn't generate volume of demand. A catalyst news release generates volume of demand.

Perhaps next week. We are going to be very happy.

-StockGreed

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Mar 17, 2012 02:28AM
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Mar 17, 2012 10:21AM
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Mar 17, 2012 05:57PM
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