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Fancamp Exploration Ltd V.FNC

Alternate Symbol(s):  FNCJF

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

Bullboard Posts
Post by THEBIGM27on Dec 14, 2010 6:07am
213 Views
Post# 17842065

ITS NOT TAX LOSS SELLING

ITS NOT TAX LOSS SELLINGas we go further down,.46 cents will be the the number that has to hold up,and i think todays the day it will be broken,if so,we are going to fall hard,sellers will come in hard,for mngt have done a horrible job over the past 3 years in the drilling part of things,they need to know that we are a tiny little exploration play,and if we are going to generate any type of buying,we must drill promising projects,the rof has lost its flame,due to poor results from noront,they have drilled $65 million worth of holes and have come up empty,so there sp over the past year has fallen out of favor,so were does that leave fnc?well its pretty easy,on the same path as noront,down,down,down,peter should of gone deep years ago,but didint,when the iron was hot,so what next for fnc,the only glimmer of hope is if we get a hit out of the ring,or a takeover of chm,but for now and heading out to 2011,without any of the two scenerios that i have mentioned,we go south hard,and may bust the 52 week lows,the other board have some pretty exited about fnc lands,but the odds of what they are saying are slim to none,the best case scenerio is .75 cents to a dollar,for fnc if anything pans out on the iron front,once again chm is the play here,for they have generated great institutional buying and upgrades,fancamp need a huge shakeup in the office,and regroup,or its going to be one horrible 2011,they have to put a plan together,and the grand daddy of them all,peter needs to step down,its the same situation over at noront,probe beats to its own drum,they are getting a play cause they are finally drilling,but was once in fnc position,but learned quickly that in order for investors to jump in for the ride,we need to give something to ride,and thats drilling,and spending money,coattail riding is a thing of the past,when the story is a little long in the tooth,dont you think?jmho.
Bullboard Posts