FPX Nickel Corp. V.FPX

Alternate Symbol(s): FPOCF

Metals & Mining Industrial Metals & Minerals

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.

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FPX Nickel Corp.

Bullboard Posts

Comment by SGGoldon May 07, 2012 10:50am

175 Views

Post# 19879448

RE: RE: RE: Arbitration - Good or Bad?

I guess the fact that FPX would take such a agressive move to obtain the reports and the data therein means they have a certain confidence that it will ve very good news or lead to good news.

I mean, if the news wasn't that good, you'd think they would want to 'hold' onto Cliffs as long as they could to either (1)convince them of the value (other properties, more driling at Decar, etc,), (2)buy time to look for other Partners or (3)raise money at cheaper costs (as a reult of still having Cliffs as a Partner).

The stock hasn't moved yet today. I am so confused.

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