FPX Nickel Corp. V.FPX

Alternate Symbol(s): FPOCF

Metals & Mining Industrial Metals & Minerals

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.

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FPX Nickel Corp.

Bullboard Posts

Post by AlternativeViewon Jun 06, 2018 4:38pm

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Post# 28135228

There Might Be An Unknown Factor At Work Here

One possibility is that they have delayed the revised PEA due to negotiations with an outside party.

No major mining company would bother with a revised PEA at this point, so if JV discussions are successful the next step would be to jump right into a PFS.

While a PEA revision would be to the benefit of retail investors, it is only useful to FPX if their intent is to raise more money to fund a PFS internally.

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