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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. > News Release
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Comment by mcuglyon Feb 09, 2015 10:55am
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Post# 23410340

RE:RE:RE:News Release

RE:RE:RE:News ReleaseIncluding RCF IV RCF V and WestFace Capital. Why would they even agree to that level of consolidation? Is it to get the share price up to do another equity financing at $10/s? I guess their plans for acquisitions is out of the question now that they have restructured this way. I don't see any real future here for the company so why don't they just pack it in. We're screwed either way. I could see a consolidation of 50:1 which would equate to a $.50/s price with the number of outstanding shares totalling approx 26.5 million. JMHO

I guess we'll find out on March 11


McUgly
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