Re: Current Management is Savvy and Sincere
in response to
by
posted on
Oct 21, 2012 05:00PM
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.
How many times does it have to be said "This is risky business" and you and your friends poured your money in to the company, your prerogative.. Here again like Fani, it seems to be so personal? It all boils down to the supply and demand for resources. The market dictates the outcome. I think Fancamp is well situated to be a real successful newsmaker, having several different minerals it is pursuing, not like Argex which is a one resource based company, more interested in patented technology to treat what's in the ground as opposed to exploring or mining what's in the ground. There's nothing wrong with their approach, it is different from Fancamp's.
I can't speak to the corporate malfeasance complaint, yet there again find it a little too coincidental with what the "yellow" gang is up to.
I think there is way too much destructive thinking going on about Mr. Peter Smith.
The aquisition of some of the properties was done in partnership with Mr. Sheridan over the years. Perhaps Smith had the brains and Sheridan the money, not sure, yet can identify 50% was one or the other or possibly a mixture of both! Who cares, the properties were acquired, identified, studied with geotechnical expertise and so on. Deals are done all the time in this business. This is why I'm so concerned as in "concerned shareholder", that what is of very high value including Magpie and other properties will be sold off by highly paid yellow proxy advocates: "Granger and friends".
Beware the "pied piper"