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.

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49 North Resources Inc

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Comment by Henmystirsiron Oct 26, 2010 1:37pm

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Post# 17613640

RE: Oil production

Nice that they reported the wells are exceeding expections. Beautiful news.
I am thinking maybe 75 barrels per well maybe. That puts us near 500 barrels a day credits.
One of the holdings FNR has is TOC.A which has 550 barrels and a market cap of about $30 million, wow we should have at least that gain coming in my opinion. That production should add $2.00 to the share price. Oh well more patience will deliver the proper share price for the projects on hand.
FNR buyer.

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Cross border trading in Canada and Australia