Agoracom: Small Cap Investment - Fancamp Exploration - Re: LEVEL 2 - Monday 9:03 - BID Building (a bit). cia new yearly high

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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fivenine

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Re: LEVEL 2 - Monday 9:03 - BID Building (a bit). cia new yearly high

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Re: LEVEL 2 - Monday 9:03 - BID Building (a bit). cia new yearly high

Tony T

posted on Nov 20, 2017 10:17AM

I guess that is the discount that the market offers to the market cap of a company with MINIMAL income (and that is mostly share-based). A company that has made poor financial decisions (like a ~$80,000 share buy-back).

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