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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 currency24on Jan 11, 2013 11:53am
214 Views
Post# 20825993

On Que Tom/FNR Need for Cash/Investments

On Que Tom/FNR Need for Cash/Investments

It is apparent that FNR/Tom/and his dynamic unquaified team need CASH. The recent moves reveal this.They need it to try to support their investments?Pay their High Expenses/Salaries/Bonuses and cover the Bloated Staff.

FNR's investments are sucking the money reserves of FNR, in my opinion, along with the High Expenses/Payroll. 

All Tom's/FNR's investments need Cash. Look at these pennydreadfulls - GCR, WTR, Troy energy, DNI, Rallymount and etc.In my opinion.

This stock is headed for undr 50 cents andno bid along with all the other penny/junior dreadfulls in my opinion.

 

 

 

 

Bullboard Posts