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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

Bullboard Posts
Post by marketmineron Mar 06, 2007 11:42am
653 Views
Post# 12363786

FNI is still a bargain

FNI is still a bargainFNI is still only trading at about 20% of its intrinsic value when compared to others....grade and width...New holes havent even been included in the 43 101 out yesterday.... another robust resource estimate will be forthcoming in a few months... -------------------------------------------------------------- Comparable market caps are comparible for ASM and LBE.... FNI is more advanced, with better grades X width! Typical grade times width are much lower, best grade: ISM 1.77 times 10.1 = 17.87 LBE 3.45 times 3.9 = 13.44 FNI 69.6 times 2.35 = 162.8 If you do this for the total holes drilled and then calc an average you will see that FNI has a long way to go in the market valuation compared to some of its piers. Easily a tripple from here..JMHO -------------------------------------------------- Inspiration drills 10.1 m of 1.77% Ni at Langmuir No. 1 Inspiration Mining Corp (C:ISM) Shares Issued 52,632,560 Last Close 3/5/2007 $2.12 Tuesday March 06 2007 - News Release Mr. Randy Miller reports INSPIRATION INTERSECTS 1.771% NI OVER 10.10M OR 33.14FT (TRUE WIDTH)
Bullboard Posts

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