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Bullboard - Stock Discussion Forum 49 North Resources Inc V.FNR

Alternate Symbol(s):  FNINF

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... see more

TSXV:FNR - Post Discussion

49 North Resources Inc > On our way!
View:
Post by Grassyknoll on Jun 11, 2020 3:22pm

On our way!

When  sophisticated investors realize that FNR has 45 million shares of OMM (according to Sedi) we are on our way...to the moon! 

https://www.stockwatch.com/Chart/Advanced?time=1&symbol=OMM&region=C
Comment by Oilman99 on Jun 18, 2020 11:04am
45 million shares in Ominica and they aren't able to pay us senior secured debenture holders. Doesn't say much for the management of 49 North. I will be voting no on their offer.
Comment by Ironhorse83 on Jun 18, 2020 4:09pm
Good luck with that. If 49 North started selling Omineca the share price would fall to $0.02 in a heartbeat, especially after the first insider filing that would be required. Value does not equal realizable value. Looks like the only option is to wait it out.
Comment by Chucky951 on Jun 20, 2020 12:01pm
Not my problem