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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

Comment by Aallyyon Apr 28, 2024 10:59pm
89 Views
Post# 36012030

RE:RE:Core business?

RE:RE:Core business?Good description, yes, if one was an insider they would stand to score in that scenario.

The interest in setting the record straight goes back aways and being on the losing side of the proxy fight in 2021 which  went well beyond the pale, has awakened a deep seated passion to put things right. At this point it is all about shining a bright light on the narrative.  The ability of this group to take actions to crush the authenticity of the company as it was and turn it into what it has now become with so many questionable decisions is well worth investigating as a large shareholder.

The latest questionable action relates to staking a large swath of ground in New Brunswick, a month ago, not last week or the week before but a month ago and to say nothing about it ?? !! This along with so many other egregious moves deserves an explanation.  

For example, back in the day, the company was penalized and put on a disciplinary list for having added non compliant historical figures on a project on the FNC website. Yet, here we are with a brand new 77,000 acre property in New Brunswick and nary a word from the regulators about lack of continuous disclosure. It does lead to conspiracy thinking when material matters appear relating to the company's core business and no signals from the company or regulators. 

To put this decision into further context it has the ability to make those in the know favoured and puts  the rest into a disadvantaged position. 

If nobody else cares that is their problem.


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