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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."


GREY:FNKLF - Post by User

First Nickel Inc. > Guarantee.
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Comment by mcuglyon Apr 02, 2013 12:20am
238 Views
Post# 21195990

RE: RE: Guarantee.

RE: RE: Guarantee.

A reverse split may make the share price higher but will reduce the number of shares proportionately. The market cap will still be the same but there will be no more swill as you put it. The major shareholders and management will not benefit any more than you nor I if there is a split. In fact if history of consolidation tells us anything, the share price will drop even more leaving everyone's investment in the crapper.

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