Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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What I would like to see is CIA make an offer ... maybe 1 share CIA for 10 FNC based on $1.50 SP of CIA, giving FNC a share value of $0.15

CIA would need to buy the remaining 130,000,000 sh of FNC (they currently hold 20,000,000 sh) ... approx cost, I realize no cost as share swap, but the numbers  would be approx. $19,500,000 less the 10,200,000 sh of CIA currently held by FNC that they could cancel, $15,300,000 = $4,200,000 + about $1,000,000 to pay off the Directors of FNC less the NSR on Fire Lake North, value $, the Lamelee prop value ?,  plus they would have lots of other goodies they could dump to reduce their overall cost/share swap.

Big win for CIA.

Just thoughts. Pie in the sky?

Terry

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