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Fathom Nickel Inc C.FNI

Alternate Symbol(s):  FNICF

Fathom Nickel Inc. is a Canada-based exploration company. The Company is targeting magmatic nickel sulfide discoveries to support the growing global electric vehicle market and to secure the supply of North American critical minerals. The Company has a portfolio of three exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project, Gochager Lake Project, and Friesen Lake Project. The Albert Lake property consists of approximately 90,000+ hectares, located within the Rottenstone Domain, which defines the western margin of the Trans Hudson Corridor. The Gochager Lake property, consists of 34 contiguous mineral claims totaling over 22,620 hectares. Its 10,000+ hectare Friesen Lake Project is located 40 kilometers (km) southwest of the historic Rottenstone Mine and 30km northwest of the Gochager Lake deposit.


CSE:FNI - Post by User

Post by megacopperon Aug 13, 2023 9:50pm
181 Views
Post# 35586353

More astute investors in Fathom Nickel this time around

More astute investors in Fathom Nickel this time around

 


Yes you make a very good point. The company first went public and raised $11 million dollars up around 70 cents almost 3 years ago.  Since that time the share price has only been below 20 cents for roughly 6 months last winter. So there isn't much in the way of cheap out on this one. There was only one bad financing and I'm pretty sure they were mostly flushed out when the company announced the world class intersection of 58 meters of 1.5% nickel last April. Quinton Hennigh made reference to that week of trading because he couldn't understand why guys were selling but it was entirely due to the flow through guys looking for a quick flip mainly for the tax advantage.


So the bottom line is there shouldn't be anything holding this stock back once drilling begins. Any hint of another world class intersection this time around should see a significant rise in the share price. I suspect the short term flippers are long gone and replaced with more astute investors with longer term investment horizons. Fathom Nickel should get a lot of drilling done on both Gochager and Albert Lake over the next 6 to 9 months into some great nickel bearing sulphide targets. There is a very high probability of FNI making an economic discovery in my opinion. Enjoy the ride

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