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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Post by currency24on Oct 17, 2012 4:37pm

244 Views

Post# 20495203

LAME Press Release - LACKING

The press release was lame and lacks any real info. Yes, production has increased, is it sustaiable? not much more - 70/30 - oil/ gas - WOW - as noted earlier - there has been a lot of hope, comment about BIG Things to come and all we have is a lame press release, that talks about things to come.

I guess the MKT got excited 46,000 shares - how much of this is FNR buying back shares? which they announced earlier? how much was new and esisting share holders? then who was selling, buying at $1.60 and selling at $2.05? - the old saying sell on the news.

Sorry not impressed........

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