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.

TSXV:FNR - Post by User

49 North Resources Inc

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Comment by ipanemaon Oct 25, 2011 10:06am

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Post# 19178674

RE: CC Friday 11AM CST (local time in Saskatoon)

I won't be able to participate in the CC so I would like to tale you up on your kind offer. Firstly our highest valued investment is currently Newsk, a private company in which we own more than 50% but don't control the votes. It's a gold play. I know nothing more! Does anyone else? And if so please advise where I can go to do my DD. What stage is the project at? What are FNR's plans? How much cash are we going to be putting into it in the next year and on and on. We know nothing about this investment as far as I'm aware. "Top Secret"
I'm sure you'll also follow up with some relevant questions on Rallyemont which is our second highest valued investment. I don't understand how the valuations are done but that's another thing.
I believe are interest is around 24% before dilution. Wish I could go golfing, lucky so and so. GLTA

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