First Nickel Inc. FNKLF

Reverse Split

[Bankorruptsee]

To get the stock where it would need to be, there would have to be a 1 for 700 reverse split.

If they would have done it 6mo ago, then 1:300 might have done it.

But now....

And of course the price would fade after that, So you can bet that the pre-split price will end up being somewhere less than 1/4 cent.

[Bankorruptsee]

Since the peak in FNI shares was around $2.00, that will make for an ugly chart, putting the high somewhere near $1400.00 CDN.... ....double that after the rev-split and subsequent price softness.

[mcugly]

Once again you show your complete lack of understanding. A 1 for 700 reverse split would result in less than 1 million shares outstanding. Show me another company with a similar situation. They don't need to reverse split because they don't need to go to the market for equity financing and their current market cap is more than enough to satisfy the TSX list requirements. If you watch their

[Bankorruptsee]

Let's hear from you post rev-split. I'll wager you're not around to be found.

[mcugly]

I'll be here to see them turn things around split or no split. 1 to 700, get a grip on reality!

[charbsey]

It all depend of the next few years , lots of speculation on a global scale , sign of economy picks pack up . nickel isn't doing all that bad . yes the LME is at records levels but they are producing at 6.30 plus US dollars . wait until the next quarter everyone might see a surprise