First Atlantic Nickel Corp V.FAN

Alternate Symbol(s): FANCF

Energy

First Atlantic Nickel Corp., formerly Avante Mining Corp., is a mining exploration company. The Company is focused on developing high-value geographically significant projects, including the Pipestone Project and the Voisey's West Project. The Pipestone Project represents the awaruite projects, which are a focus in the development of large-scale bulk tonnage nickel targets. The Pipestone Project covers over 40 kilometers (km) of strike securing the majority of the nickeliferous Pipestone ophiolite ultramafic complex. The project is located in central Newfoundland. The Voisey's West Project is located about 50 km northwest of Voisey's Bay Ni-Cu-Co (nickel-copper-cobalt) mine and 70 km west of the town of Nain, in Newfoundland and Labrador, Canada. The LMSL Project is located about 20 km north of Merritt, British Columbia, Canada. The Blackdome Project is located in the Clinton Mining Division about 120 km southwest of the city of Williams Lake, British Columbia, Canada.

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First Atlantic Nickel Corp > Au trending down

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Comment by EDMINNEMAon Jun 17, 2021 8:18am

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Post# 33400808

RE:Au trending down

TECHnically, the price of gold, unless it drops $500 or so shouldnt directly impact exploration companies, but we all know it does. If a company has a indicated or inferred reserve, the price of gold would impact it somewhat, because that resource is what ne uses for funding. If you are a producer, the daily swings in gold affects your bottom line, and your profits.

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