Bullboard - Stock Discussion Forum First Nickel Inc. FNKLF

Metals & Mining Industrial Metals & Minerals

"First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America."

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GREY:FNKLF - Post Discussion

First Nickel Inc. > Nice to see a profit in Q1

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Post by torontocondos on Apr 03, 2012 11:30pm

Nice to see a profit in Q1

Any insight here?

I think they report by end of April, not sure......

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Comment by darcelmuchamp on Apr 04, 2012 3:49pm

Horrible profit. They're a mining company and are expected to earn their money through mining ore at a profit. Getting lucky with Hedge's doesn't count. Loss of equipment and delay's / shutdowns over labor issues are aren't good either. It would be nice to see some insider buying... but I doubt we will. The CEO had to Ante-up $500k just to get his job. The way things are ...more

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Comment by mcugly on Apr 04, 2012 5:27pm

Maybe there's no insider buying because they know something and can't act on it because they would violate insider trading rules? Let's wait and see the first quarter results before calling for the CEO's job. Since they started back into production in Sept when has there been a shutdown?

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First Nickel Inc.