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 others. It 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, Riley Brook 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

Fancamp Exploration Ltd

Bullboard Posts

Comment by Eudaimoniaon Sep 26, 2007 2:09pm

262 Views

Post# 13472932

RE: Logic of insider trading

The CEO owns over 2.5 million shares, that's over 10% of the outstanding shares (check Sedar filing for Sep 24). I have no problem with some off loading of shares, albeit minor, which is probably for personal capital. I was surprised to see his salary for the year is only around 65,000. JMO. It also mentioned in the annual report that they are exploring options to JV their property that's adjacent to the NOT discovery. It will be interesting to see how that play unfolds and what they get for it, hopefully it will send this stock in the other direction. Eudai, holding out for hole #5!

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments