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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 Apr 03, 2013 12:22pm
243 Views
Post# 21205278

RE: RE: RE: RE: RE: Weathering the storm

RE: RE: RE: RE: RE: Weathering the storm

If I read the reports right ,there is 5 million in executive pay,and almost 1 million in stock based compensation,,,that six million is what is killing the place. High priced suits that do nothing to add to the value of the company,they spent millions on the other projects, now they say that they are worth nothing.

FNI has a unique situation wherein everything they can deliver is bought at a given price, it seems to me the answer is to hoist more muck,if that goal can't be achieved , then how long should you mine at a loss ???

Cut costs,hoist more ,the company will succeed,,otherwise we are screwed........

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