HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: FNC and NOT

Greetings,

Nice little run on both NOT and FNC this week. Hope it keeps up.

Honestly, I wish FNC would just make a deal with NOT for their McFaulds claims. If the rumours of a hit near the NOT/FNC border are true, there is no way that NOT is going to release any information until the FNC claims are controlled by NOT. Just does not make sense.

I wish NOT would just issue an extra 60 millions shares and offer one share of NOT for every 2 shares of FNC their shareholders own. I know it is a lot of dilution for NOT but to control that land is a must and good dilution in my opinion. It also effectively costs NOT nothing except the dilution. I've been diluted so bad anyway, at this point for me it is a no brainer. Another no brainer is that FNC shareholders accept the deal, keep the rest of their company and get bonus NOT shares. They still get to participate in McFaulds but now with a company that has strong established in-situ values of metals.

As I mentioned months ago, I don't think it is a coincidence that NOT and FNC shares have been roughly valued at 2:1 for some time.

Time will tell I guess. I just wish things would hurry up.

Buckner

Share
New Message
Please login to post a reply