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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 Aallyyon Aug 31, 2023 8:35am
118 Views
Post# 35613397

A tarnished jewel

A tarnished jewelThanks to Maxmoe for the shadow knows ref,  but seriously what has happened to this company is a great loss to the longs at this time. How can anyone see this company as a junior explorer anymore; there is  awaited news on drilling on the Eastern Townships Clinton property announced in July, but that seems to be it on the exploration front?  The proxy fight of '21 was a disaster for shareholders.  

Fancamp's  current vision is that of a holding company, mainly investments in OTHER exploration companies! Some directly related to its directors such as Platinex and NeoTerrex,EDM and the grandaddy of them all KWG/CCC. 

The lack of interest in its own properties is shocking when measured against its peers.

Maxmoe made the point there is no value assigned to the majority of its land holdings because no work has been performed on them. This doesn't mean there is no future value in them if properly managed. They have the funds to run an exploration project or two or even three.

All  hope is not lost but something's gotta give.
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