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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

Comment by FromSudburyon Sep 19, 2023 2:32pm
55 Views
Post# 35643893

RE:Let's try this again

RE:Let's try this againWhat has changed?  I believe cash and securities continue to exceed the market cap.
Last time I checked, FNC still had 3.1 million shares of CIA and would be in receipt of dividends of about $310,000 every six months.   Then, add Magpie, KWG, PTX, and EDM shares to that.

Management and their auditors need to come up with some numbers and present the financial statements.  If there are concerns about the values of certain securities, I'm sure they could cover that in the notes to the financial statements. 

This is now beyond ridiculous and leads to actions like what occured today with someone just dumping their shares at market. On the other hand, seizing on opportunities like this is how some make money. 



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