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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. > Could KGHM Internationnal be interested?
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Comment by mcuglyon Apr 14, 2015 9:40am
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Post# 23626706

RE:Could KGHM Internationnal be interested?

RE:Could KGHM Internationnal be interested?Why would anyone be interested in taking over this company? If they don't extend the mine life of Lockerby then they will cease operations by the end of 2016. At current nickel prices they will be operating at break even at best and any thought of revisiting the West Graham and Conwest projects just won't happen. As for the share price, with 1.3 billion shares outstanding a takeover price of $.05/s will cost $65 million +. I just don't see that happening, but I hope I am wrong. JMHO

McUgly
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