First Nickel Inc. FNKLF

News Release

[mcugly]

Check out the latest news release at tsx.com. Looks promising. Let's hope this sparks some interest and helps move the sp which has been languishing for months now.

[fordtrucks]

nice to see that they are still alive i just returned to this stock after being out for a year it is quite possible we will get back to better things

[RODBUSTER]

Too bad the float is so darn big, these news are purdy darn good. The only problem, every half penny as become resistance So tempting to invest its almost pathetic, hmmmm.....................what to do??????

[nickeltrader]

Production costs still sound much too high. They hope to be at $6/lb. by year end, meaning that they're higher than that right now. All this new infrastructure was supposed to allow them to bring the price down. Yet, it's no better than it was when they were forced to close due to inefficient mining during falling market prices. Combine that with talk of them buying someone else, instead

[fordtrucks]

were going to be at our 16 cents soon this stock is just waking up again

[mcugly]

Spot price of nickel is currently$9.75. If this holds then the future looks even brighter. This time next year they should be at full production and making a profit. So we have a producing mine with $25 million unrestricted cash on hand. Their current production costs are just over $7/lb. Compare that to CanNickel whose costs are above $13/lb. JMHO but we have nowhere to go but up. The current

[mcugly]

My error. Production costs are currently just over $8/lb

[hoitytoity]

very quiet here considering the news and a strong run up in price...is everyone asleep???

[bluemoon63]

zzzzzzzzzz Bought in at 12, letting it run to where ever

[torontocondos]

Agreed this is a sleeper stock imo