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First Nickel Inc. FNKLF

Metals & Mining Industrial Metals & Minerals
"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

First Nickel Inc.
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Comment by victor75on May 16, 2007 8:44am
386 Views
Post# 12787905

RE: the numbers - disconnect

RE: the numbers - disconnect"disconnect" - good anticipated financial "numbers" analysis on your part! I'm in your camp with the estimated #'s and consider that 2007 is shaping up to be a great financial year for FNI + bonus of additional exploration news (ML & PR) and revised Lockerby 43-101! Also with the June 1st debenture retired in a couple of weeks the additional carrying charge "drag" to service this debt will be gone and off the books! Regarding the # o/s shares, I believe that after the warrants are all exercised this is around 129 million + 15 million (Desjardins financing) totals around 144 million. It will be interesting to see how the "market" reacts to the financials today! Given the number of naysayers who have suddenly crept out of the woodwork in an attempt to drive the pps down, perhaps the Bay Street perception is positive! Victor
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