FNC newsPeter Smith left a message on my home phone which I picked up this morning "Sat" so I expect he left it either last night or today when I was out, anyway he was returning my call from a message I left for Debbie Chapman yesterday expressing concern for the delay we have had.
1. The delay in the drilling was caused by the slow return of information on the ground geophisics as he has to have all the reletive information from the 50 meter spacing for best target selection.
2. They have a drill "yippee" Peter stated this on my voice messsage so I am satisfied they have" Debbie had mentioned this a week ago when I talked to her, however there's nothing better than hearing it from the CEO"
3. The word he used about when they will drill ws "soon" he also mentioned an NR to confirm targets etc "soon"
"He was correct not to be spiecific with a date as "all shareholders" have to be notified at the same time, the "sec" would {cook him } if it was found I had an advantage for making gains on inside information.
My read was/is, since he has retained the drill and the ground geo is about all on his desk, the drill will turn within the next 2 weeks, Debbie had said last Monday Biliken "Noronts drillers"was mobilizing a unit to FNCs site and will be drilling in a couple of weeks. I have found both Peter and Debbie very helpful and in my opinion honest. The delays are understandable if you look at the weather we had in Jan/Feb. How the heck could you get around the James Bay easily doing ground loop geophisics with a 3' blanket of snow at 50 meter spacing, and no camp set up like NOT ?.
I left a message for Peter/Debbie both thanking them for the update and wishing them luck with the drilling.
Cooper, from "Georgetown Ont"