Yes, RGX is now at $1.10 which changes things.

I guess when you have lots of land expiring, you pay cash or lose it, and FNC does not have the cash to keep all the land they have. Core assets have some work that can be moved around, but some is too far for work motility and true work or cash must be paid.

To be sure this is not Peter's fault completely, the bad markets are part of the cause and have interfered with FNCs ability to raise cash for share sales(at 5-6 cents = huge dilution).

Sales of RGX will paper over the problems and we know RGX will be $5 or so in a couple of years, so it is a short sighted plan born of the need to hold on to what you have.

With the costs to stake about $54 via map staking, some people are tempted to engage in an irrational staking fenzy, and after those claims come to expiration, $1200 worth of cash or work is needed to keep them.

A quick search on https://gestim.mines.gouv.qc.ca/ under Fancamp (19174) shows 2,962 claims in total with 161 expiring within 120 days , most of which need the $1200 work, and a huge total of 4,706 expired claims.

Stake in haste, repent at leisure. the RGX money will keep the wolf from the door, for now.