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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, 2008 1:42pm
311 Views
Post# 15391750

RE: But Trigger.....

RE: But Trigger.....
  Yes, I'm interested in FNI .... been followning the company and trading it
  for over two years.    
     What differentiates myself from  most people on this board is that
  I TRADE.    It seems like everyone else buys FNI and then wants to hold
  it for 50% , 100% gains.     That's not how to play junior miners, imo. 
 
     What irritates people with me is that I'll say I'm buying in big at  .60 cents , for example....
   the stock goes to . 75 cents  and I'm out with my 20%  , everyone else holds because
 they hope the stock is going to double....it doesn't and then it's down to .40 cents in
  rapid fashion.   

    I butt heads with most guys around here because they consider FNI an
   INVESTMENT  and try to utilize the 'ol buy and hold theory , while I just trade
 for my 25% gains and get out.      FNI is not an investment ....you WILL lose if
 you look at it that way.   Home Depot is an investment , Shoppers Drug Mart is an investment,
   Google is an investment ..... FNI is a struggling junior mining penny stock that WILL certainly
   dillute the float the the max to raise capital  and/or split the stock....which leaves anyone
  INVESTING in the company helpless to ever recover their investment.
       When you talk to guys around here , they expect that  when you say you're buying at
    .40 cents , the stock will skyrocket and you'll be correct every time. 
       Well, I'm not correct every time , no one is.   The key to any trade is realizing when you
    were wrong and getting out EARLY.    It's o.k. and normal to be wrong on a trade .... what is not
 ok is to be wrong on a trade and hold it  for 60% losses.    When I'm wrong , I pull out .... when
  everyone else around here is wrong , they hold and hold and hold ...and hope and hope and hope.
      Think about how many poor INVESTORS bought FNI at over a buck fifty and are still holding!
    They will never get a quarter of their money back.       .... We all have to learn the hard way.
      I am waiting for FNI management to explain how they will finance the future , to answer your
 question .... still haven't been able to get a strait answer....not good.
Bullboard Posts