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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 caddyman2001on Feb 26, 2013 1:58pm
268 Views
Post# 21044089

RE: RE: RE: PDAC 2013

RE: RE: RE: PDAC 2013

I don't know how most investors are positioned....but I currently have 900,000 shares, kinda like a poker player calling "I'm all in" because I certainly am...much to my wifes disapproval. I am paying on loans of 50 grand beside all of what I could come up with after selling our small apartment building, believe me, I never thought anyone could do such a bad job or running what should be a no brainer. I am retired from INCO,,and I witnessed every thing bad to be said of the mining industry and they still made out like thieves. I believe that company was sold for something like 42 billion.....I think they have 6 members on the board of directors,,,Falconbridge was sold to xtrata, for 32 billion,,,,give or take a few billion. Their board of directors, like FNI, I believe , has 6 or 7 members. I would bet they receive similar compensation for what they do...It just doesn't seem right to me, If the ratio was the same for the hourly employees,,,,,,there would be six seats on a scooptram and the development crew would need a school bus to drive them to the face.

I could understand if the office in Toronto was closed to save money, and the entire operation was at the mine site, wouldn't that make sense. I guess we'll have to just wait and see for the outcome, but if it were up to me,big changes would be in store for the the boys at head office......but that's just me......LOL

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