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Fancamp Exploration Ltd V.FNC

Alternate Symbol(s):  FNCJF

Fancamp Exploration Ltd. is a Canadian mineral exploration company. The Company is focused on strategic interests in its high potential mineral projects, royalty portfolio and mineral properties. The Company is focused on an advanced asset play with a portfolio of mineral claims across Ontario and Quebec, Canada, including copper, gold, zinc, titanium, chromium, strategic rare-earth metals, and others. The Company has investments in an existing iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, NeoTerrex Minerals Inc., in addition to an investment in a zinc mine in Nova Scotia. It is developing an energy reduction and titanium waste recycling technology with its advanced titanium extraction strategy. Its properties include Clinton Property, Stoke Property, DiLeo Property, Grasset Property, Gaspe Bay Group Property (including Boisbuisson and St. Marguerite), and other properties. The Clinton Property is located in the Appalachian region.


TSXV:FNC - Post by User

Bullboard Posts
Post by christoon Jan 14, 2014 2:44pm
249 Views
Post# 22090290

The Parts...Part 2

The Parts...Part 2 Fire Sale...shares @.055...think they'll be gone by closing

 The Parts:
.  11 mil shares of Mamba (thru Champion)        =$6.6 mil

    43 mil shares of LIR ..trading lightly @0.185 = $7.9 mil

      6 mil shares of RGX                                         = $4.2  mil

     JV payments and royalties                                = ZERO

    Potential of Magpie (spinoff  ?? )                       = ZERO


                               Total                                            =$18.7 Mil

Discount it 50 %...that's FIFTY %......                   = $9.35 mil

Market Cap                     =                         about        $ 8 mil
Bullboard Posts