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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 > If capital destruction had been the objective
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Post by 4marlin on Jul 10, 2024 8:19am

If capital destruction had been the objective

over the past few years, management would have been given an A+

My concern (and one of the reasons that I am not adding at this m/cap) is that I am not convinced that the strategy remains focussed on drilling the feeder-zone/source of the high-grade nickel.

I will give some credit for Ian´s recent nibbling but insider ownership remains low and I cannot recall when Doug last bought.

Unless something radical changes, the G&A/exploration spend ratio will be appalling this year.

So far, this has been an entirely underwhelming story.

Bb
Comment by Crashcomingsoon on Jul 10, 2024 9:34am
A long term hold ?  Technology has not been much help in finding the motherlode. Time will tell if this amounts to anything: 2024-07-08 | Ramp Metals Announces Final Assays and Additional Gold Target | TSXV:RAMP | Press Release (stockhouse.com)
Comment by solotrader on Jul 10, 2024 3:32pm
" Rottenstone SW land package recently increased to a total of 32,715 Ha.  " You'd not buy more land if you didn't have something. Fathom is in Rottenstone too !!! MoneyWinner1  likes it at these levels too
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