Paul VanEeden
Franconia Minerals Corp.
FRA-T(dead)
DON'T BUY
May 31, 2007
Has a project in Minnesota where you typically find large low grade, poly-metallic minerals. Which means a mixture of copper, nickel, platinum, palladium, gold etc. This increases the recovery costs. Buy when metal prices are down, (which gives more potential for up side).
Has flown under the radar screen. Has 200 million tonnes of poly-metallic ore in Minnesota. 5 million contained ounces precious metals, 3 million pounds of copper and 1 million pounds of nickel.
Huge poly metallic potential ore body in Minnesota. Very low grade, but has an asset value of about 5 or 6 times what the stock is trading for. Also drilling a big copper play in Arizona. Very cheap.