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Fancamp Exploration Ltd V.FNC

Alternate Symbol(s):  FNCJF

Fancamp Exploration Ltd. is a Canadian mineral exploration company. The Company is focused on strategic interests in its high potential mineral projects, royalty portfolio and mineral properties. The Company is focused on an advanced asset play with a portfolio of mineral claims across Ontario and Quebec, Canada, including copper, gold, zinc, titanium, chromium, strategic rare-earth metals, and others. It has investments in an existing iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, NeoTerrex Minerals Inc., in addition to an investment in a zinc mine in Nova Scotia. It is developing an energy reduction and titanium waste recycling technology with its advanced titanium extraction strategy. Its properties include Clinton Property, Stoke Property, DiLeo Property, Grasset Property, Riley Brook property, Gaspe Bay Group Property (including Boisbuisson and St. Marguerite), and other properties. The Clinton Property is located in the Appalachian region.


TSXV:FNC - Post by User

Post by Adventurouson Mar 03, 2021 8:59am
201 Views
Post# 32703194

We need a Champion!

We need a Champion!Instead of choosing between two evils, I would gladly cheer for a white knight and happily welcome a purchase offer from Champion (CIA), even an hostile takeover.

Champion would get back the CIA shares Fancamp owns for cancellation, together with our royalty on their lands, and add our iron ore to their growing presence in the area. It could then create two new junior companies, one for the development of our gold assets, the other looking after all our other metals assets. More clearly defined, these new entities would get deserved attention from the market.

A win-win solution. So much that I do not understand why Champion, as the biggest Fancamp shareholder, it letting this circus take place. It is hurting my image of Champion in many ways. First, as the big guy out there, they are passively involved in this mess and oddly doing nothing. Second, they should recognize a good deal when they see one and act accordingly.

I do not own shares in Champion and therefore do not feel comfortable posting on CIA board. I do not know if any CIA shareholder is following our board, as part of normal due diligence for an investment in Champion. Should it be the case, I am curious to see if my post here will find any echo on the Champion board.

Fancamp assets are valuable and just need to be sorted out in the proper way. I can't believe authorities will let these be ruined by old tactics from another time, tactics which led many potential investors to turn their back to the mining sector altogether.

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