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: FNC/CHM deal
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FNC/CHM deal
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BigD70
Apr 24, 2012 01:35PM

Hi BigD,

It's possible to receive cash in the deal but i would prefer FNC acquired shares. My bet is CHM would have better success creating value for the shares than what PS would do with the cash. Future financings could be done at a higher prices (north of $1.00...yes i'm that bullish) in order to minimize dilution. JMO

Best,

Eudai

7 Recommendations
Re: FNC/CHM deal
4
rago1
Apr 24, 2012 11:20PM
Re: FNC/CHM deal
5
Mtl_gold
Apr 25, 2012 01:02AM
Re: FNC/CHM deal
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rago1
Apr 25, 2012 04:38AM
Re: FNC/CHM deal
5
BigD70
Apr 25, 2012 11:30AM
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