Franc-or Resources (FOR.v)

http://www.franc-or-resources.com/

Stock Exchange Toronto Stock Exchange - Symbol : FOR ; Click Here For Stock Quote
Shares Trading 43,923,664
Warrants 7,057,500
Options 3,580,000
Total Shares Outstanding (Fully Diluted as of November 1, 2007) 54,561,164

This is the company that I mentioned earlier this past week.

I expect drill results to come out some time this week.

I bought shares last week, not a big amount, less than $20,000.

I am not suggesting anyone buy this, as it is pure speculation on my part that we could get some good drill results from their Mario property.

I have studied the geology and past exploration for roughly 20 hours. I am doing this as an exercise to sharpen my skills at predicting potential for success by the drill bit on any given project.

I hope to see something interseting from both the Cerro Punapuna low temprature replacement zone and the central zone, which is a typical CRD or carbonate replacement deposit.

When I first began my research, I was hoping the silver/lead/zinc zone would be most promising; now I'm not so sure. I think the most impressive result could come from the centre zone in the form of a significantly long intercept of gold mineralization.

Anyway, I am not going to post all my research. Most of it is scribbled on two copies of the technical reports I printed off (did most of my work while soaking in the tub) and don't feel up to typing it all here.

I think these drill results will provide a good indication if this property could be a mine. If we see a continuation of some of the previous work done, then I will become fairly interested.

More after we get the results...

Franc-Or Completes 3,500 Meter Drilling Campaign and Hits 42.75 Meters With 1.05 g/t Gold and 8.75 Meters With 658 G/T Silver at Mario, Peru Property

http://www.globeinvestor.com/servlet/story/CCNM.20080317.449048_1/GIStory/

I am very pleased with the drill results.

I am gaining confidence in my understanding of geology at a very acceptable rate.

Even though the stock did not go up a lot, I feel like I had good success.

Good for you, bull.

You will soon become an accomplished geologist!!

News coming soon!

Up over 100% in less than a month. Good time to sell if you are not holding for the very long term. I am just now making some money on this, so I won't be selling much, at least not now.

If you can't remember why you bought, then sell now.