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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

Post by mcuglyon Apr 10, 2015 10:07am
212 Views
Post# 23616251

Share consolidation

Share consolidationI wonder if the directors are going to deal with the share consolidation at the AGM in June. At current share prices a 1000:1 consolidation should see a share price of $5.00. This would mean that the share price would have to go to $50 just to see a pre consolidation price of $.05. Does anyone see that in this company's future? Thomas Boehlert bought in at $.14/s pre consolidation so he would need to see a share price of $280 just to break even. Good luck with that. Just some food for thought.

McUgly
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