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Bullboard - Stock Discussion Forum Fathom Nickel Inc C.FNI

Alternate Symbol(s):  FNICF

Fathom Nickel Inc. is a Canada-based exploration company. The Company targets magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market. The Company has a portfolio of two exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project and Gochager Lake Project. The Albert Lake Project consists of 90,127 hectares... see more

CSE:FNI - Post Discussion

Fathom Nickel Inc > Concern about funding now removed and
View:
Post by broadbill on Dec 23, 2023 8:12am

Concern about funding now removed and

we can look ahead.
Excellent that Albert Lake will also be drilled (and drilled first); I was not banking on that - due to concern about how many $ would be raised.
I suspect that the bottom is now in.
Bb
Comment by Crashcomingsoon on Dec 23, 2023 1:21pm
It's good to have the funding completed.  I'm cautiously optimistic.  Calling a botoom is difficult because there are so many forces in the markets now which are independent of Fatom's specifics.  Positive drill results at Albert Lake would change that.
Comment by broadbill on Dec 23, 2023 2:48pm
Yes, calling a bottom is often difficult. However, funding has been secured which was the only real negative (that I am aware of) that was hanging over the stock. Drilling will start soonish and so that is where the market will, imo, focus. The geological thesis remains 100% intact and, for the first time, the focus will rightly be on deep drilling....on both targets which are highly prospective ...more  
Comment by megacopper on Dec 24, 2023 9:31am
  Yes I agree that the worse is behind us and there are better days ahead and the share price will start heading higher. The geological thesis is indeed 100% intact and with the latest exploration work they have confirmed the nickel tenor to be 3.5% at Gochager which is very important. This is on par with all the major nickel camps in the world. And they now understand they have to drill ...more  
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