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Bullboard - Stock Discussion Forum 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... see more

CSE:FNI - Post Discussion

Fathom Nickel Inc > Blue Sky Potential for Fathom Nickel
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Post by megacopper on Aug 11, 2023 2:18am

Blue Sky Potential for Fathom Nickel

The guys on the CEO Forum were discussing blue sky potential for FNI. From current levels if Fathom Nickel were to hit something similar to Nova Bollinger that was bought out for $1.8 billion you would see FNI go to around $15 a share plus or minus a couple bucks. Actually it would be much higher than that because the price of nickel is more that double what it was back ten years ago. Nickel was below $5 a pound back at the time of that acquisition and its over $10 a pound now. So how about a $25 to $30 share price for FNI with a similar deposit of 13 million tonnes of 2% Ni. So that would be a 100 bagger from current levels. Yeah that's not bad, let's do that!!!
 

 

@BigHeavyBags What do you guys think the % return potential is here, if they hit big like we all hope? When I heard QH talk about FNI the first time I yeeted my loose cash into it at 6 cents, and I'm kicking myself now for not buying more. I'm looking at adding to my shares but need to think about different risk/reward scenarios.
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@beaglehound Could easily evolve into a 20+ bagger! Research what happened to Noront's share price a few years back when they made a major discovery. Research Sirius. Novo- Bollinger took the company into the stratosphere. I think Crescat's video #117 says it all in my opinion.
Comment by broadbill on Aug 11, 2023 10:50am
For the newbies: FNI already has a world-class intersection. It is important to understand the significance of this, how it relates to Nova aswell as the in-hole EM responses......there is more there. How the m/cap is still so low is siimply amazing to me. The window for buying at these levels is perhaps 15 days, imo. Bb
Comment by megacopper on Aug 11, 2023 12:36pm
  I honestly think investors just don't understand the nickel sector. They certainly don't know a world class intersection when they see one. And like you say the borehole EM is indicating a lot more nickel sulphides off hole and deeper beneath the hole so Fathom Nickel will definitely hit a lot more nickel. And not only that but they have got at least a dozen other targets nearby ...more  
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