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 nickeltraderon Mar 29, 2011 7:49pm

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Post# 18358449

RE: lookin good

Welcome to a world of disappointment. This dog has been beaten several times too many. Everyone is wondering why it hasn't taken off despite finally getting the funding needed to open (it's been years!). The simple answer is that they still have not proven that they can produce at anywhere near the levels they project. It will be at least 'till the end of the year before the answer to that is known. Historically, they've missed by 6 months to 2 years on every projection they've made. I would not be the least bit surprised to find that they can't quite hit the levels they call for. At least, not in the timeframe that they're calling for. I'm adding 6 months to a year to all their projections.

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