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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 darcelmuchampon Oct 13, 2011 1:44pm
363 Views
Post# 19146239

RE: Just to put things into perspective

RE: Just to put things into perspectiveIt doesn't need shares traded... it just needs time...
Everyone want to see if Costs Per Lb match up to their estimate of $5.56 and whether they can deliver 400TPD moving up to 800TPD. Beyond that, reinvestment of profits in the 2012 drilling program to expand Lockerby is key. They need to add more years to the mine life
This is an EPS driven story... and now we just sit and wait till the next data points come out.
In other news Resource Capital Fund V L.P. and Resource Capital Fund IV L.P. each took their 1,770,827 shares on Oct 7th.


https://canadianinsider.com/coReport/allTransactions.php?ticker=FNI




Bullboard Posts