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

Bullboard Posts

Post by currency24on Dec 12, 2012 12:47pm

159 Views

Post# 20720019

The Board?Questionable

We had one Board memeber resign, unless I missed it, the postion is not filled yet? Wonder what they are waiting for? or they can't find a True Independent who wants to go on this Board and the exposure?

The Board - in my humble opinion is not Independent and seems to act as a rubber stamp? There is one board memeber who is a long time friend and etc. of both Bill and Tom Mac Neill, who has a daughter who has been working for FNR and the Mac Neills for some time, even before he became a Board memeber.

Then we have a friend and business associate of Tom's on the Board and the other Board memeber represents a firm, I believe, who has an interest in MGI.

Then the Vacancy?

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