Cross references?Reading up on how the so called great and the good make a pot full, a common theme pops up in the do your due diligence commentaries and that is to look at the history of the company and its management and board. Most are familiar with the epic of Fancamp, with its long storied hero Smith and the villainous takeover tactics in the good guy green slate vs the fools gold slate.
When the story is freeze-dried for posterity there is little doubt about how the details will illustrate how the rug was pulled out from the greens, such as the use of highly unusual corporate tactics and relentless defamation.
Perhaps relationship connections should come under review i.e. individual company officers or directors relationships with the BCSC, the auditors, B.C. registrar of companies, tsx members? It might show for example, favouritism toward the company in the form of passing through egregious selected private Placements to the detriment of existing shareholders by the loss of 37% of their equity, with no reasonable explanation given.
Some want to roll it under the carpet, move on and suggest that was then, we are much better off now.
So, how so? The FNC Chairman will soon celebrate a 6 month Halt trading status anniversary in the company he stated in the last FNC circular, as his main occupation being President of....Six months!!! Let us not forget the public nr about the jumping off and on boards and preference for ancient double vote tactics.
The CEO is who exactly? How is this person a good fit for the company? There is lots to read there.
The CFO should perhaps answer some pointed questions given the very very long association with the company?
How about the exploration vision?
Due diligence is a long process here.
The assets speak for themselves but need support too. Takeover is probably our best bet.