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First Atlantic Nickel Corp V.FAN

Alternate Symbol(s):  FANCF

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.


TSXV:FAN - Post by User

Comment by ytriguyon Jun 21, 2021 7:25pm
196 Views
Post# 33424949

RE:RE:I WOULDN'T BE TOO CONCERNED

RE:RE:I WOULDN'T BE TOO CONCERNED Maybe you missed it, but when the FEDS mentioned inflation it sent the markets and gold prices into a tailspin. Over $1000 per ounce drop in gold price and all gold miners were impacted. So you're right, it wasn't just the drill results.

If you buy at the current price you could  bring your average investment down considerably. It's what I did.

Why would anyone say IT'S OVER when Arc is still drilling? No miner gets great results every drill hole and no stock goes up every day. If they hit a seam this stock will go up faster than it came down. Also, less than a million shares traded today. All it takes is 5 or 6 skittish investors, and penny stocks are full of them.

The drop in Stock Price does nothing to change the fundamentals. So I sure wouldn't be selling at a loss at this point.
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