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Message: FNC - phone Call with Mr. Smith, and why poly & Al are wrong

FNC - phone Call with Mr. Smith, and why poly & Al are wrong

posted on Feb 05, 2008 07:15AM

I just got off the phone with Peter Smith of FNC and confirm the following:

  • FNC do not need a camp because they will use the one owned by Biliken Manaement Services that is 12kms NE of FNC's claim adjoining NOT's DE1 claim. This camp is a central camp that has/is been used by all the Mc Fauld's players, including NOT when they first started.
  • Ground geophysics with 50m spacings are currently ongoing in partnership with NOT, the results of which will be used to spot the drill holes for the upcoming drill program.
  • Biliken Mangment Services will be operating FNC exploration operations, including the upcoming drill program, as they have been for NOT. This company is currently arranging a drill for FNC.
  • No partnership, JV or anything else will be done until that anomaly adjoining NOT's DE 1 is tested. His strategy is as I suspected, and as Ihave previously expressed on this board - drill first.
  • Drilling will take place "sooner rather than later".
  • They are still using the preliminary results of the recent airborne geophysics survey - nobdoy has the final results yet.

Sorry poly and Al, but, I still 'love' you guys...

Regards,

B.

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