First Nickel Inc. FNKLF

RE: Too many shares

[mcugly]

Poor Management??? I think not. This management has kept the company alive during difficult times. They could have gone bankrupt but did not. Now they have secured the necessary financing to grow the company. Yes there has been dilution of shares. All mining companies in their embryonic stages have needed to do equity financing to stay afloat. You'll note that the two biggest shareholders, Resource Capital and West Face, are also the two participants in the latest private placement. They must know something and believe in the management and future of First Nickel to continue to provide financing. I will trust in their judgement and continue to hold. I wish you luck in your future investments.