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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

Comment by rockport1on Apr 22, 2022 1:48pm
161 Views
Post# 34624497

RE:RE:Was hoping for a modest financing, ... no longer

RE:RE:Was hoping for a modest financing, ... no longerYes, this is true; no need for a financing at this time.  However, it's never a bad thing for juniors to raise a funds when they don't need it and the share price is high.  Otherwise, they can be severely punished when the market knows they have to raise funds.

N3tPr0phet wrote:
I think they're good for another year or so through PFS, on top of poking a few more holes in Van. No need to fundraise/dilute without a specific need for funds.

Today sucked but doesn't seem company specific. CNC, RIO, VALE, PAAS... all down substantially. This too shall pass.


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