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Bullboard - Stock Discussion Forum First Nickel Inc. FNKLF

"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."

GREY:FNKLF - Post Discussion

First Nickel Inc. > Acquisitions
View:
Post by mcugly on Apr 03, 2014 10:26am

Acquisitions

They keep talking about acquisitions in their presentations, at PDAc, and in their annual report, but have been doing so for the last 3 years. I don't know where they'll get the money unless it's financed by their major shareholders, Resource Capital and Westface. It would be nice to hear something soon as this dog is going nowhere until we see something on the acquisition front. Lockerby only has a few years left. Then what?
Comment by goldencalf on Apr 03, 2014 11:06am
This post has been removed in accordance with Community Policy
Comment by mcugly on Apr 03, 2014 7:29pm
I highly doubt that as they are too small. If anyone would buy them out it would be Glencore-Xtrata. But it would be nice to see a share price increase in the near future. Quarterly results should be out early next month. Hopefully that will inspire investors to buy. Maybe news about acquisitions will be included. They still talk about having a market cap of $500 million within 5 years which ...more  
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