Fancamp Exploration

Highly prospective exploration company McFauld's Lake: very significant Nickel & Chromite mineralization - Magpie Property: World class Titaniferous Magnetite deposit.

I remember reading somwherethat FNC gave up it's 1st right of refusal to CIA on LIR, unfortunately I can't seem to find it now.

The LIR property is in close proximity to CIA'S.

Something to think about. What if FNC and CIA worked out a deal for CIA to return some of FNC'S shares (10m?) to obtain a major position in LIR and then buyout the rest of LIR for peanuts to beef up their already substanntial holdings.

Seems to be the way O'Keeffe works.

Regarding the ROF property (BOL & KWG) FNC still has a good ownership percentage, if the FN want a piece of the action maybe they would like 10% for a few mil?

Just some thoughts but it would make sense IMHO

Have a good day.

Terry

Please login to post a reply
tbs001
City
Toronto
Rank
Treasurer
Activity Points
522
Rating
Your Rating
Date Joined
11/25/2009
Social Links
Private Message
Fancamp Exploration
Symbol
FNC
Exchange
TSX-V
Shares
151,567,752 FD 8/26/2013
Industry
Metals & Minerals
Create a Post