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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
Comment by Henmystirsiron Jun 15, 2012 9:40pm
231 Views
Post# 20020582

RE: A new 52 week low!!

RE: A new 52 week low!!

Maybe the management fees should be cut by 75% or more which is still more than most leaders of entire countries make. If most of the investments are stagnant holdings then what really is there for FNR management to do? Allstar has its own management and so does CVG mining. Someone should get some steps going to remove some board members asap to make change. The company would do well by that action. To me it is another sad day to be a shareholder in FNR. Too many empty statements from the ceo. All in my opinion and the company know it and does nothing. They cant even announce the dividend at the right time. It should have been June 1 for June 15 record date and paid around June 30 but nothing at all, just pathetic. I called there 4 days and left my name and number for them to call me so I could get some questions answered, and finally someone could find the time today on my fifth call, that is unacceptable for a company. I said if you take the insider holdings out, you would have about 85 shareholders like myself owning all the shares and that you better find a few minutes for us, I added a few 4 letter words in the few minutes I did get as well. Total lack of leadership, I put my money where my mouth is but that seems to have been a waste of resources now, what a shame.

Bullboard Posts