49 North Resources Inc V.FNR

Alternate Symbol(s): FNINF

Financial Services Asset Management

49 North Resources Inc. is a resource investment, financial, and managerial advisory company. The Company’s principal businesses include investing in a diversified portfolio of common shares and other securities of resource issuers including, without limitation, resource issuers engaged in mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio. It invests in all sectors of mineral exploration as well as oil and gas exploration and production around the globe. The Company’s portfolio is comprised of investments that are predominantly Saskatchewan focused on private and public resource issues at various stages of development. Individual projects range from grass roots exploration to near feasibility in the minerals sector and early-stage production of hydrocarbons.

TSXV:FNR - Post by User

49 North Resources Inc

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Comment by GambitXon May 21, 2009 6:13am

439 Views

Post# 16006020

RE: Thanks for the post

Not many posts because this isn't a sexy pick. It's a mutual fund, and there are so few shares oustanding. Personally I think anything you can get under $3 will be an incredible investment over the coming year. Only issue is liquidity, you won't be able to flip like a typical venture stock daily. It's over 50% of my portfolio, with some higher risk stocks added for fun.

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