Bullboard - Stock Discussion Forum Fathom Nickel Inc C.FNI

Alternate Symbol(s): FNICF

Metals & Mining Industrial Metals & Minerals

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

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Fathom Nickel Inc > Decent move but is it sustainable?

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Post by Matt666777 on Feb 07, 2024 5:12pm

Decent move but is it sustainable?

What kind of downside are we looking at if assays disappoint? Will it drop to $0.08 or lower if results are weak or could $0.08 be a new floor?
The number of shorts is up and has me hesitant on buying more shares.

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Comment by megacopper on Feb 07, 2024 5:44pm

There is always downside risk with exploration juniors. Fathom Nickel has several high priority targets at both Gochager and Albert Lake that will be drilled over the next two months. So the upside far outweighs any downside short term. Any one of these targets could be an economical nickel deposit. Not only that but the company has a VMS deposit near Watts Lake that has zinc ...more

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