agreed - peter does have too many irons in the fire and working on many projects at same time...spreading himself thin.... However - champion and argex drilling are proving to be worthwhile and those JV's are/will pay off ( market places no value on these properties- but do the math and you can see that over 14M of value in the residuals that FNC owns related to these ventures). Then there is the Beauce - Bellechasse - Magpie - properties that have some prospects BUT they take the focus off the ROF

The major exploration $$$$ are being spent on ROF - deep holes being drilled right now on C-1. I believe that C-5 and chromite targets are part of the current plans. Crones downhole assessments were done in early june.

where is NOT drilling? I think they are close to FNC border - as they continue to make swiss cheese out of the Eagles' Nest - at some point they run out of targets and need fresh "meat". FNC makes the most sense in terms of future JV - just a matter of price. Peter will not develop this himself - too small as others have pointed out.

Noront should do JV - or hostile take out ... (get FNC cheap and sell off all those other properties to recoup costs..) - only problem is Peter wants to get paid for what he thinks he has and that can be a major hurdle or NOT.

Peter hasn't taken his eye off the prize - just slow in unwrapping it.