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FPX Nickel Corp. V.FPX

Alternate Symbol(s):  FPOCF

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.


TSXV:FPX - Post by User

Bullboard Posts
Comment by macawon Aug 09, 2018 9:04am
59 Views
Post# 28432334

RE:RE:The Problem With Playing Your Cards Close

RE:RE:The Problem With Playing Your Cards CloseI assumed the fall in price was part of a set up for a new financing or just summer selling. The venture exchange looks awful It just made 2 yr lows and looks like it is going lower. NNot a good sign for any stock on this exchange.

AlternativeView wrote:

Clearly, today's selloff got Turenne's attention.  So much so that he bought 15,000 shares on the open market and reported the purchase the same day.  Typically suich reporting is lagged a couple of days.  It is clear to me that he intended to send a message.  But it is a message that few will hear and less will understand.  As for me, I was a buyer lat week, up to 14 cents but not  this week.  I will buy no more until we get a clear PR laying out FPX's plan of action.  Enough is enough.

AlternativeView wrote: Is that nobody really knows what is going on.

Luckily, Turenne has availed himself of the oldest trick in the book to send us a message today.

The message comes via SEDi.ca, in the form of a small buy.  In the acounting world, such an action is generally meant to be interpreted as a positive commentary on the prospect of the company.

3219942 2018-08-08 2018-08-08 Control or Direction :
Martin Turenne Consulting Ltd.
10 - Acquisition or disposition in the public market +15,000 0.1100   2,865,519 2,865,519  




Bullboard Posts