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Message: Re: Tuesday morning thoughts

Mar 31, 2008 03:30PM
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Apr 01, 2008 03:52AM
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Apr 01, 2008 04:09AM

"I think you are giving Peter  Smith the pres of FNC a bum rap"

I think FNC sits on the most prized property in all of McFaulds Lake and someday will be a monster. I have talked with Peter Smith several times and each time come away with that dizzy feeling. Going around in circles does that to a guy. Ask him a direct question and you won't an answer that you can make sense of. Often you come away feeling you know less than you knew before the conversation. The lack of a website, press releases of so few words they are meaningless and total lack of shareholder updates may make some feel warm and fuzzy, but does little for me.

Don't get me wrong, I think FNC over time will be a very good investment. But get on with it Peter Smith, drill the damn property. Don't tell us it will drilled end of Feb, then end of March, now end of April. Lack of transparency does nothing for a stocks share price. FNC is a publicly traded company, investors deserve respect and clarity from management. This is the 21st century what publicly traded company doesn't have a website? When asked why no website, Peter Smith states, "I don't want to show my hand" . what kind of crap is that. Does this mean he doesn't want shareholders to know what the company is doing?

Peter Smith's phone # is 514-481-3172, go ahead phone him. Ask him when FNC plans to drill and if they have even hired a company to drill the property. I would love to get some answers for the investors on this forum.

 

Al

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pw
Apr 01, 2008 08:17AM
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