Bullboard - Stock Discussion Forum Fancamp Exploration Ltd V.FNC

Alternate Symbol(s): FNCJF

Metals & Mining Industrial Metals & Minerals

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... see more

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Comment by Aallyyon Sep 27, 2023 9:33am

RE:How long can the auditor delay last?

Thinking about mechanics; given the past actions re delay tactics, what this company seems to be capable of is finding a " legitimate" reason for a delay and using the protective measures ...more

Discussion

Comment by FromSudburyon Sep 26, 2023 9:23pm

RE:New Press Release - Fancamp Provides Management Cease Trade Order Status Update

"The ongoing auditor review is primarily related to the ongoing consideration and review of the valuation and accounting presentation in respect of certain of the Corporation’s convertible debt ...more

Discussion

Post by Aallyyon Sep 26, 2023 7:08pm

How long can the auditor delay last?

This feels funny. They have no reasonable apparent excuse for this month long delay. Why can we not know what the specifics entail? I wonder how many other companies behave like these ...more

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Discussion

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Post by PressReleaseon Sep 26, 2023 6:00pm

New Press Release - Fancamp Provides Management Cease Trade Order Status Update

VANCOUVER, British Columbia, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease...read article.

Comment by Maxmoeon Sep 26, 2023 3:02am

RE:RE:RE:Income

Minus the bizarre $1.5 million.

Discussion

Comment by FromSudburyon Sep 25, 2023 9:17pm

RE:RE:Income

In the same way we don't know if FNC sold any more CIA shares, we also don't know if they sold any KWG shares. With the dividends from CIA, I doubt they are short of cash. Correct ...more

Discussion

Comment by miner540on Sep 25, 2023 2:59pm

RE:RE:Income

To date, KWG has paid the 6% interest by issuing additional shares to FNC. Maybe income, but no related cash flow.

Discussion

Comment by Maxmoeon Sep 25, 2023 2:44pm

RE:Income

Nit pick but.... no longer 3.1 million, it's 2.75 million as at jan 31,2023 which is from the quarterly financials filed in March. There has been NOTHING filed since then. The 10 cent semi annual ...more

Discussion

Post by FromSudburyon Sep 25, 2023 8:56am

Income

Dividends from 3.1 million shares of CIA; semi annual @ $0.10/share = $620,000/year Interest on $33,000,000 loan to KWG @ 6% = $1,980,000/year That's over $2.5 million/year for a company with a ...more

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Discussion

Comment by FromSudburyon Sep 24, 2023 8:30pm

RE:RE:RE:RE:FNC needs help

That information is useful miner540.

Discussion

Comment by Aallyyon Sep 24, 2023 12:17pm

RE:RE:RE:RE:RE:RE:RE:RE:Auditors

Maxmoe, your recent expressions are refreshing and intriguing. Hopefully the regulators will be on top of this company making sure they adhere to all required procedures and are knowledgeable about ...more

Discussion

Comment by miner540on Sep 24, 2023 10:14am

RE:RE:RE:FNC needs help

Sudbury - too funny to read your comments regarding my analysis. You say you can't find the actual details of the KWG/FNC deal and then go on to state that my interpretation is wrong. If ...more

Discussion

Comment by Maxmoeon Sep 24, 2023 12:46am

RE:RE:FNC needs help

Miner from Sudbury, two guys, one handle. Based on the fiasco of prior annual meeting I' remain skeptical that the only issue is a disagreement over the valuation of those securities. Firstly ...more

Discussion

Comment by Maxmoeon Sep 24, 2023 12:11am

RE:RE:RE:RE:RE:RE:RE:Auditors

Aly, Based on my limited personal experience, it's like any organization, some care about "what's right", some don't. I've only met a couple dozen over the years at ...more

Discussion

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Bullboard - Stock Discussion Forum Fancamp Exploration Ltd V.FNC

Alternate Symbol(s): FNCJF

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