Wednesday, January 12, 2011

Fancamp - moving today

Fancamp moved today on heavy, abnormal volume. As I write this, it's currently at .53, up .15% on 5.6 mil shares traded.

The company has numerous properties in Canada.

Fancamp is currently drilling in McFauld's lake. From the PR Nov 2010.

Fancamp Exploration Ltd. (TSX Venture Exchange - FNC): Fancamp Exploration Ltd., (“the Company”) wishes to report that drilling has begun on its 100% owned McFaulds Lake property. The 3,000 metre program is starting on the C2 VMS target and will be followed by deep drilling on the C1 Ni PGM target, which the company believes hosts Eagle 1 type massive sulphides at depth. This drill program is scheduled to be completed before Christmas.

http://www.fancampexplorationltd.ca/images/nr/2010/111210PR.pdf
 
We're waiting for drill results from this program.
 
Of note: (Cormark) purchased 4.9 mil shares today at .50. (crosstrade from BMO to Cormark)
 
Please visit the company website for further information.
 
http://www.fancampexplorationltd.ca/index.htm

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