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: 100k shares TD buys from Merrill
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100k shares just sold after Magpie new.
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BigD70
Apr 18, 2012 02:20PM
Re: 100k shares TD buys from Merrill
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fani
Apr 18, 2012 02:52PM

As usual for FNC it was a poorly written news release for a great 43-101.

However it doesn't seem to matter what news any resource company puts out these days it gets sold off on news. Look at GNH today. The banks and hedge funds are naked shorting resource stocks across the board. Until the jpm's and the resource stocks get some support it is like 2008 all over again. The TSX Venture is flirting with 52 week lows down at 1400. Until we get a change, all we can do is accumulate and hope for the best.

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