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49 North Resources Inc V.FNR

Alternate Symbol(s):  FNINF

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.


TSXV:FNR - Post by User

Bullboard Posts
Post by Henmystirsiron Feb 23, 2011 4:27am
358 Views
Post# 18178340

How much longer for true pricing?

How much longer for true pricing?There are still some shareholders that just do not know what they own within this company or they do not care. Unreal how these price levels remain. Oh well let the unkown be relieved of their burden. There are others that are accumulating these cheap shares for the real returns which should be multiples of the current price in not that far off future. It has me scratching my head and some are scratching their groin trying to figure out what is holding this back. The production at the current levels should justify a higher price and with triple the production and much more potential after that then you are seeing a $10 price just for Allstar. So 5% or so of FNR holdings are worth more than the current share price is just pathetic, what is going on here, or what is going wrong here? I might just need to go for a 6 month vacation to find the answer or I will have to gather more money together to help relieve the current sellers.
FNR buyer.
Bullboard Posts