First Nickel Inc. FNKLF

Insider Buying !!!

[niceindy]

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Aug 3/12	Aug 1/12	Resource Capital Fund IV LP	Direct Ownership	Common Shares	11 - Acquisition carried out privately	3,321,862
Jun 29/12	Jun 28/12	Cresswell, Steven Joseph	Direct Ownership	Common Shares	10 - Acquisition in the public market	285,000	.070

[jfogarty12]

used to be .18 cents --   why the down_ward trend all the time?  

[wintersun10]

all FNI needs now is higher nickel prices:   CEO Commentary Mr. Thomas M. Boehlert, President and CEO of First Nickel commented, "The Lockerby mine had a very solid second quarter, consistent with our guidance, and we are well on our way to achieving the objectives of full production at cash production costs of approximately $6.00 per pound of nickel by the end of this year. The Company

[nickeltrader]

That sounds dangerously like "We're on the edge of another mine closure due to low nickel prices".

[wintersun10]

at least they don't need to service debt, so they can sit the downturn out.......

[wintersun10]

Liberty Mines reports financial results for second quarter 2012   Liberty Mines reports financial results for second quarter 2012 TSX:  LBE TORONTO, Aug. 14, 2012 /CNW/ - Liberty Mines Inc. (TSX: LBE) ("Liberty" or the "Company") today reported its financial results for the three- and six-month periods ended June 30, 2012. All amounts are in Canadian