Fathom Nickel Inc C.FNI

FNI is on the move

[megacopper]

The stock was all over the place today. I saw it as low as 20.5 cents and as high as 27.5 cents with a lot of buying late in the day. It won't be long (within days perhaps) and FNI will be trading in the 30's. I'm no expert with the charts but there appears to be a bit of resistance around the 29 cent area. Once it breaks that level it appears to be clear sailing. Gotta love it.

We should get some news on the geophysics within the next couple of weeks. I think Fathom Nickel is one of the most underrated exploration juniors out there. Huge blue sky upside potential with a high probability of finding a large high grade nickel deposit. A lot of similarities with the Nova Bollinger nickel deposit. 58 meters of 1.49% nickel doesn't happen in isolation. The geophysics is indicating a lot more nearby. Enjoy the ride with FNI to much higher levels. The fun is just getting started.

[broadbill]

Well, so far, Mega has been more right than wrong and I have been more wrong than right wrt my expectations of a dip in the sp. So, in the interests of being consistent......here's hoping again for a pullback! If not, at least a have a decent sized position. Bb