GREY:FNKLF - Post by User
Post by
mcuglyon Jun 08, 2013 8:06am
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Post# 21501803
2 years
2 years The way I see it , they have until 2015 before all the financing dries up. I believe that the only thing that will save this company is a significant increase in the price of nickel, e.g. $9.50/lb. To date they have written off most of their properties including West Graham that includes the Conwest deposit (approx 80 million lbs of nickel) because of low nickel prices. According to Robyn they might revisit them when metal prices are more favourable. So we wait. In the meantime we should have heard something from the TSX regarding the delisting review. Let's hope there are no problems on that front. Frustrating but there is still a glimmer of hope for this little company.