Replies to post #2436 on Fernhill Corporation (FERN)

[Penny Stocks 2.0]

FERN Business plan from Last Q The company is in the mineral exploration business, and does not have any marketable products at this time. The company has a 100% working interest in the Montauban Property in the province of Quebec consisting of 13 contiguous claims as well as a signed LOI for the Silver Bell Property in the province of British Columbia. The company intends to obtain ownership of the latter.

[Penny Stocks 2.0]

Fernhill Corporation is focused on the mining and resources sector through prospect generation, and the creation and acquisition of royalties. The Company prefers to generate partnerships or corporate structures related to the opportunities it generates, which results in the Corporation carrying minority and non-operating project or equity interests and/or royalty interests.  The Company’s business model and operating philosophy will increase value for shareholders of Fernhill Corporation through cyclical market conditions. The company intends to build a solid reputation around its percentage of successful mineral project generation initiatives that it intends to further build upon.

 

Looking forward, the strategy of the company is to continue to grow and innovatively manage the project generation business with a view to profiting from minority project and equity interests.

[Penny Stocks 2.0]

Fernhill’s primary strategy is to employ a joint venture model to advance the properties, reduce the risks of exploration to shareholders while maintaining a significant interest in the property in the event of a discovery. The work conducted by any of our joint ventures partners will enhance our mineral exploration program. Our focus is the acquisition of highly prospective grass roots and semi developed mineral exploration projects. These projects will be developed using Joint Venture participation, and spin-off developed projects to create value for shareholders and making it accessible to producing companies.