The bottom line is they made .05 , it would have been nice to come from production but lets not forget q4 was the first q they started things up, 3 q's on care and maint, and with start up comes issues. 2011 is now behind us and 2012 will be a better year for sure, also better year for earnings and better year for share price, hand in hand.....
What was really impressive to me, the on going outlook by the CEO, if this guy is going to do what he says, we could triple from here very easily. Here is what he said.
CEO Commentary
Mr. Thomas M. Boehlert, President and CEO of First Nickel commented, "Activities during 2011 focused on successfully recommencing operations at the Lockerby Mine and significantly strengthening First Nickel's management capabilities and financial resources. First Nickel is well positioned to grow its resource base through exploration on existing properties and through the acquisition of additional advanced stage exploration, development and/or producing assets."
I am very excited about the direction and the management direction, this type of mindset will only result in an increase in market cap. Stay tuned.........I am continue to accumulate at these levels, now owning 3,550,000 shares