GREY:FNKLF - Post by User
Comment by
mcuglyon Oct 14, 2011 1:15am
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Post# 19148156
RE: Just to put things into perspective
RE: Just to put things into perspectiveHow do you define a massive float? Liberty has 206 million shares outstanding compared to First Nickel's 506 million, almost half. First Nickel is a producing mine with no debt. Liberty plans to start production in the first quarter of 2012. They will need to access their $20 million line of credit. Libery is trading at $.20/share compared to First Nickel at $.11/share. Go figure. Bottom line is that currently FNI has more potential than Liberty. JMHO