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McFauld's Lake: very significant Nickel & Chromite mineralization - Magpie Property: World class Titaniferous Magnetite deposit.
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Message: Fancamp Announces Further Significantly Long Intersections of High-Grade Iron Fo

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Re: Fancamp Announces Further Significantly Long Intersections of High-Grade Iron Fo

posted on Jan 23, 12 05:50PM

Positive: Peter is doing a good job of at least releasing or rereleasing CHM/FNC news. Good job-lol.

Negative: PS and Co have given us nothing lately from anything else and this could mean there is nothing to give or else there is something to give and they are holding back. I personally have become very tired with this lack of info=almost= or in fact more than the lack of info we get from NOT. Time to get out of the closet Peter.

Magpie is a huge resource. I believe that many are looking at this. The numbers are in fact mind blowing with 42% FE, 11% Ti and somewhere around 0.3% vanadium. Nobody else has these spectacular values and I have to guess that the market does not believe, cause if you do the calculaltions then it is astronomical value-300-500 billion. No I am not on crack.

The only thing other than market bad that in my small mind could cause this great disconnect is the percepton that processing of this very homogeneous resource is difficult. Maybe tomorrow, but I have lost faith in this loser management a long time ago.

Still holding

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