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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
Comment by canoe92on Apr 26, 2007 10:19pm
425 Views
Post# 12683613

why is the stock price so low?

why is the stock price so low?I did my ajdustment to managements cash flow for 2007, and I used realistic Ni and Cu prices.. I got 70 million. Next year that could be doubled. So why not share price of 5 times this years cash flow? That would be 2.5 times next years cf. That would mean $3 as the current share price imo.
Bullboard Posts