First Nickel Inc. FNKLF

The answer is simple....

[Triggerman]

For those of you wondering why FNI will not get up and over the key area at $1.50 ..... Keep in mind a few key items.... In the Sudbury basin , which is several hundred KM's in both length and width , grades like what FNI is releasing are plain and simply NORMAL. There is literaly nickel and copper grades like today PR EVERYWHERE up here in Suds. CVRD and Xtrata (Inco and Falconbridge) have 50 years of untapped ore grading better than what FNI is drilling up. So, todays results are in no way outstanding or signifigant...they are just normal for this part of the world. I also think a few of you missed the key phrase in todays PR. Proving up resources in order to justify the next capital expense of ramping up production and getting down to the next level , plus all the equipment and manpower. The next phase they are looking at is going to require 100 MILLION in financing. (That number is no joke , it's from the ceo's mouth). So why is the stock not flying to the moon? I would say that big investors are very concerned with the dillution that will result from the financing which will lead FNI to respectable production levels in 4-6 years. We're talking about ANOTHER 100 million shares added to the float here gentlemen.... and you know what happens to mining stocks that have floats of 300 million? They reverse split to get the shares outstanding to a respectable 40-60 million level , not 300 million. Thus, literaly handcuffing and screwing each and every retail investor. FNI may get a bump to a buck fifty , but upside from here is very very limited.