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FPX Nickel Corp. V.FPX

Alternate Symbol(s):  FPOCF

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It has a portfolio of five nickel-iron alloy properties, four in British Columbia and one in the Yukon Territory, all 100% owned. The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. It lies approximately 18 kms off the Alaska Highway and 200 kms by road from the port of Skagway, Alaska. The Company’s British Columbia properties include Orca, Wale and Klow. The Orca property is located approximately 35 kilometres east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.


TSXV:FPX - Post by User

Bullboard Posts
Post by gravedigger51on Oct 09, 2010 6:56pm
404 Views
Post# 17549344

last two weeks

last two weeksGuys,

Nothing wrong with discussing trades, cross trades, and the fundamentals of this stock.

But as I have posted earlier (the power of a respected analyst) there really is nothing that suprising about what this stock has done over the past two weeks.

It jumped (like it did back in the spring after publicity from kaiser and BNN) from .59 to .89 in a weeks time.  This jump had nothing to do with any findings or FPX news releases but rather a respected analysts viewpoint. 

The stock was run up..and all the profit takers jumped ship (hich I actually thought of doing and then buying back on a pull back like what happenned this week).  I actually had put in a sell (of some of the stock at .88 when it pulled back to the low 80's) but it never went back up to that price again,

The fundamentals of this company are the same they were two weeks ago and this company continues to meet its benchmarks.  However I would argue there was no reasoning behind the 50% increase in a week and as such we are back to the levels of two weeks go.

Business as usual until further news.
Bullboard Posts