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Fidelity Minerals Corp V.FMN

Alternate Symbol(s):  SAIDF

Fidelity Minerals Corp. is a Canada-based company is engaged in assembling a portfolio of near-term development and large-scale appraisal projects to underpin the development of a resource company. Its projects include Greater Las Huaquillas (GLH), Las Brujas, Porphyritic Copper, and Cerro El Bronce. GLH project consists of nine concessions for approximately 3,600 hectares (Ha) of which the Company has acquired a 50% interest, and nine concessions for approximately 3,800 Ha of contiguous mineral title, of which the Company has acquired a 100% interest. The Las Brujas project is gold project located within the Yanacocha External Caldera region. It consists of four concessions 100% held by the Company located in the Cajamarca province of Peru. The Porphyritic Copper Project comprises three contiguous concessions 100% held by the Company located in La Libertad, Northern Peru. The Cerro El Bronce project consists of two concessions 100% held by it located in the Ancash province of Peru.


TSXV:FMN - Post by User

Comment by goldenone1on Dec 03, 2019 7:38pm
124 Views
Post# 30419265

RE:Reply from the bc securities commission

RE:Reply from the bc securities commissionI sent BCSC the info from FMN MD&A 
They won't say anything unless they find some wrong doing
A quote from their reply
 
BCSC staff cannot comment on an investigation unless it becomes a matter of public record. By keeping information confidential:
 
·         we protect the integrity of investigations
·         ensure the review process is not used to affect the market, and
·         maintain fairness to those who may be the subject of a review that does not result in an investigation or sanction

Fair enough. I the board has done something against the law we will hear if not we will hear nothing. Fair enough.

I just know that FMN talked about open a mill and generating cash flow and they didn't - they spent the money instead buying land and the share price plummeted. They may have a rabbit in their hat but I doubt it. 
They are tied in with LBI who list FMN on their website as this great asset they have in Peru. When we get done with FMN I'll see if LBI needs a tune up.
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