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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 Triggermanon Aug 18, 2007 4:14pm
282 Views
Post# 13267721

RE: proinvest. (wpgwpg)

RE: proinvest. (wpgwpg) I hear what you're saying. My personal view is that results should have been MUCH better. Last quarter was absolute peak nickel prices...where's the 5 million they were supposed to show as profit? Again, yes I crunch numbers alot , but I trade technicaly ... buying valleys and selling peaks , almost every day. FNI is in a big valley now , I would definitely buy it at .75 or less and ride it to $1.00 for a quick 25% gain , but I would follow it with a very tight stop loss so my capital would be proteced against any unforeseen negative news. I will never understand why they didn't cash in on $22 nickel prices with their high grade ore.....the low grade stuff could have been set aside ....they have all kinds of space to pile thousands of tons of ore. This was an absolutely huge management mistake in my view , and the sell off tells me that others agree with my thought process on this matter.
Bullboard Posts