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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 Sep 18, 2014 10:44am
151 Views
Post# 22947802

SELL into BUYING? IF YOU CAN? LACKS REAL LIQUIDITY?

SELL into BUYING? IF YOU CAN? LACKS REAL LIQUIDITY?SELL INTO ANY BUYING around the 30 cent or so area that is if you can. Appears there is ??? support in the 30 cent area in order to support the rights offering. May be or May be not??

LACKS REAL LIQUIDITY??? SUSPECT any BUYING or BUYERS?? ASK YOURSELF WHY WOULD YOU BUY FNR on SUCH POOOR DEMONSTRATED  PERFORMANCE, since INCEPTION, AUDIT REVEALS over $59,000,000/$60,000,000 in losses, HIGH EXPENSES / SALARIES AND HIGH MGMT FEES. Refer to Audited Financials.

?? the long lead time for such a small amount to be raised for a stock, that MGMT/Leadership in Public discussions and Conferences projected FNR would be a $10 stock? at one time. BIG Energy PLAY? or ???? ENERGY PLAY??

Everbody is looking for $$$ - few takers. Many stocks will GO UNDER.

Project FNR, along with many other stocks, shall go NO BID, due to fundamentals, MKTS, Financial MKTS .........  

ALL the above in my humble opinion and based on demonstrated performance of FNR, public comments by MGMT/Leadership, Financial MKTS and etc.




Bullboard Posts