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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
Post by risktakeroneon May 30, 2011 1:42pm
532 Views
Post# 18645048

This is a BIG SMALL Move

This is a BIG SMALL MoveI believe this too be very significant today. In the past, based on hype, the stock has hit new highs only to fall back. I believe this is showing a gradual support for these prices and today on small volume, the stock is heading into recent new highs.

It is possible, this stock will continue to climb slowly and one day, will explode into the mid .20s, with a fall back probably with support in the upper teens,

if and when we ever get a 10 million  ++ trading day again , it could get very interesting.

Again, just an observation, but with production within a few months, the price will have to start to move permanently IMO.

I am confident the smart money will hold for at least full production sometime in 2012.

RT
Bullboard Posts