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."

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First Nickel Inc.

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Post by lastpickon Dec 20, 2007 3:11pm

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Post# 14054190

I Don''t Understand

how the market works, I guess. Here we have a company with long term PROVEN resources, in production and ramping up and with no debt with a SP < 60 cents. Now, compare that to a company like Noront (NOT-V) who have drilled a few holes (and hit high grades) but in an area so remote in NW Ontario with no roads or power or other utilities needed for a mine that even if they find enough resource to justify a mine, it will be at least 10 yrs to mine. And their SP> $4??? Help me please understand?

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