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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 Nov 24, 2018 11:01am
170 Views
Post# 29017292

Slow Drip Sinking Stock ?Liquidity? Going to Zero

Slow Drip Sinking Stock ?Liquidity? Going to ZeroAs noted in many rior posts eventually FNR will go to Zero, getting closer? They are doing a rights offering? FNR use to publish their holdings, but not now, many of holdings are in stocks that trade very little or have little value or are private and no real price plus they have or use to have private stocks that have little or no future.

There is no real demonstrated Liquidity? based on trading history?

In my humble opinion and based on MKTS would sell if you can or avoid

Base the above on MKTS, Financial MKTS, and etc.
Bullboard Posts