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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

Comment by ATM_EngTechon May 09, 2012 8:49am
301 Views
Post# 19888458

another losing day

another losing day

Traders are always rewarded. Investors can get lucky.  Anyone not sleeping since 2008 can understand. A real disconnect between traders, investors, company officers and wall street is close to apex. Traders/banks can sell junk instruments, burn investor savings and pensions, and still get rewarded by millions of bonus. Conditions in the financial industry are more precarious now than in 2007. No one was punished and everyone in that industry is assuming to be bailed out once again because they are to big to fail. If they are 'Too Big to Fail', they are 'Too Big to Exist. Last NR now does not explicitly state full production rather, "The company said it expects to be at or near the full production rate of 10 million pounds of nickel a year in the fourth quarter of 2012." As for profitability, prices have to greatly improve, they have to overcome continuing problems, and some extraterrestrial being has to intervene to reset the world economy and restore real capitalism. It is very parent to be a trader rather than an investor in these current times.

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