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First Nickel Inc. FNKLF

"First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America."


GREY:FNKLF - Post by User

Bullboard Posts
Comment by HDP18on Aug 15, 2007 11:40am
190 Views
Post# 13248565

RE: Too much useless nonsense posted

RE: Too much useless nonsense postedYou are missing one very important point. Its the institutions that move the stock price. Not one broker. You are taking things here too personally. I conceed that often enough the big houses and mid-tiers Cannacrap, Octowrong Capital, etc, move a stock to a price point or range (and keep it there) to execute a private placement which they are part of to make their $$$, or they try to promote an underwritten security or bought deal that they paid 20cents for as a super strong buy when the stock is at .80cents with an 18month target of $4. The world of the junior is full of wild optimist and dreams. As far as FNI...the whole sector right now is getting killed, you also are likely having had people selling stock against the warrants to crystalize the gain before the Sep expiry deadline. Whatever way you slice it, FNI is a junior that produces, but is at the mercy of base metal prices and cost of production. They are in decent enough area to hit big metal pockets, but too often do you see company management and the firms that help underwrite them sell you a story for $1.80 when the reality is worth more like .95cents
Bullboard Posts