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: To Be Continued

In case anyone has lost focus on what our company was established to do, it is exploration. It’s so fundamental, “Exploration” is even part of our name.

Putting emotions aside, being very objective, I think everyone on this Message Hub realizes we’ve achieved great success in owning what we own. We acquired the properties at prices deeply below their true worth. Moreover, we’ve gone far forward identifying and documenting that worth. That’s where the exploration part came in. We did it. We succeeded over and over again.

Of course, our problem now is monetizing our very considerable assets. So far as the excitement of exploration, I can understand not folding our tents and walking away. However, it cannot be any clearer, the name of the game, presently, is no longer proving we’re able to find resources worth selling. Obviously, we already have assets worth many times the entire capitalization of the company. Compared to the enormity of what we already have, anything new we find, at this point, is icing on the cake.

Obviously, any present day business plan must have as its central goal: Getting the price of our stock corrected and rationalized to be a reasonable fraction of our net worth. Such a business plan should not be constructed haphazardly with slapdash methods. What’s astonishing is I’ve yet to hear anyone talking this way, through company communications with shareholders or by the general tone of voice on this Message Hub.

This is not a question that will conflict with reaching out to make the kind of brainy deals we’ve concluded recently. Just as the underground resources we’ve dug up haven’t even been acknowledged, the great business logic and the positive benefits of the deals we’ve been making are getting the very same unintelligent response; even from the few stock-traders who have enough dim awareness of us to know we’ve been up to something.

What we need, in our corporate office, are business-building activities, which become so integral to the success of the company, they become regular routines producing measurable business-building results by the hour. Concerning Fancamp, over and over again, day after day, stock market traders are distracted and inattentive. Should we run our office the same way?

What have we gained from all the finger-pointing that has preoccupied and sidetracked this Message Hub? Maybe heads should roll. Maybe not. In the meantime, who’s running the corporate office? If someone were to snap pictures at various times of the day, would we catch people creatively engaged fixing this nasty problem of undervaluation, which concerns us so badly?

We’re currently working on two fronts, mineral exploration and remaking the corporate structure. We’re doing both jobs very well. So far as that goes, the point is not whether or not you agree with me. At this stage of our development, the best help we can do for ourselves is open a Third Front dedicated to developing critical business relationships with the influential people, businesses, researchers, publishers, and investment operators of our industry.

More than money, this Third Front will mainly require simply a new frame of mind. As a self-assigned project, on the job, I created software, which systemized the methodology we need. I titled my work “The Teleprobe.”

So there’s zero suspicion by anybody that I have any motivation to promote my software to Fancamp, I will make the very plain statement that I will not sell it or anything related to it or anything else ever to Fancamp. I repeat, no sale ever of “The Teleprobe” or anything to Fancamp.

What’s important, at this juncture, is the fact that this subject is one I’ve worked with the best part of twenty years. I’ve written what’s technically known as “Libraries,” containing thousands algorithms that control every facet of how this successfully gets done. I painstakingly wrote every line of source code, not as a technical exercise, but to aid myself and the teams of agents I led. In other words, this is not a subject that popped into my head one day last week for the first time.

I would be less than honest, if I were to pretend to be modest about this. But don’t take that to mean I carry a high-and-mighty opinion of myself. The simple fact is, so far as this subject, I know this stuff inside and outside, backwards and forward, on every level. Again, so there’s no mistaking my motivations, I am not angling for a job or to be paid. I only ask whoever’s reading this to take what I say in the very serious and sincere spirit I’m offering it.

I don’t think I’m exaggerating. I’m not being polemical. I don’t mind taking sides in a controversy. But I don’t believe there’s one iota of controversy on this subject of opening a Third Front. When you get right down to it, I’m talking fairly self-evident things. I will try to keep the sermonizing to a minimum.

To be continued.

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May 19, 2012 08:39AM
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May 19, 2012 09:37AM
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May 19, 2012 11:12AM
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May 19, 2012 06:37PM
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