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."

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First Nickel Inc.

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Comment by mcuglyon Oct 31, 2011 4:53pm

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Post# 19196723

RE: RE: Share consolidation...zzzzzzAP

Quit fear mongering here. If you have something to contribute then do so otherwise keep your stupid comments to yourself. Why would they split when they don't need to?

why would they need to do a 1:40? That would leave them less than 15 million shares outstanding. A tight float like that would not result in a 40% drop because shares would be hard to come by especially when the big boys like Resource Capital would control 40% of the float. I don't see them panicking and dumping their shares. They bought into this company because they believed in the growth model. Check the news releases.

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