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 Jun 20, 2008 12:12pm

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Post# 15209458

RE: Interesting market action!

I believe that the current FN share price reflects the result of a concerted market manipulated effort to drag the share price down in an attempt to "force" a cheaply priced equity offering, which is nnot the case here.

Some of you other guys should jump in and pick up some of the $0.30 Ask "bait" on the table - I've done my part 27,000 shares @ mostly $0.30 (a few @ $0.295).

Whatever you do, I advise to hold, and don't sell your shares cheap like they want you to do. As you can see from the Level II's the Ask is pretty thin after $0.31. If a major "player" steps in, we could easily close in $0.34 range today.

Victor