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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 Aug 14, 2014 9:16am
212 Views
Post# 22840691

REAFFIRM HIGH RISK INVESTMENT NEGATIVE RETURN SELL/AVOID

REAFFIRM HIGH RISK INVESTMENT NEGATIVE RETURN SELL/AVOIDIt appears a ??? POSTER has Cherry Picked a ??? POST by another ??? POSTER?HYPER PUMPER, in order to paint a Picture that they want vs the HARD OFFICIAL AUDITED & FILED FACTS.

I am reaffriming my post on FNR as a VERY HIGH RISK INVESTMENT with Projected NEGATiVE/ZERO RETURN , my opinion and based on FNR's OWN PERFORMANCE over the last several years. REFER TO FNR's PERFORMANCE, my opinion.

EVERY ONE/INVESTOR should read the FILED ANNUAL/FINANCIALREPORTS, INCLUDING THE AUDITORS REPORT, with a SPECIAL COMMENT BY THE AUDITOR, EMPHASIS of MATTER questioning FNR ability going forward, on SEDAR for 2013. 

THOSE WHO WISH to CHERRY PICK and rely on UNAUDITED REPORTS, to support their DREAMS/HOPES/HYPE/FAIRY TALES  then go ahead BUT, as a INVESTOR I PREFER REAL AUDITED/FACTUAL REPORTS vs UNAUDITED reports that might paint a different picture. 

FNR's, public portfolio is bouncing around the lows and lower, refer to prices for these stocks, and many of these stocks can be considered ILLIQUID based on performance.

FNR's a SELL or AVOID and along with many other stocks project, my opinion, will go no bid due to MKTS and FINANCIAL MKTS. DUMPING? my opinion.

ALL THE ABOVE IN my humble opinion and based on REAL FACTS AND REAL AUDITED FINANCIAL REPORTS on SEDAR for 2013 and based on MKTS and FINANCIAL MKTS.

BUYER BEWARE. YES, I am a HUGE BEAR on FNR and MAny other juniors.


Bullboard Posts