Post by
Wangotango67 on Dec 31, 2014 9:12pm
This company has suffered not on nickle spot prices....
But by - shorters shorting the stock. This nickle stock has no where to go but up. I feel there is a detachment of stocks to the spot market prices. Meaning if gold or silver or nickle goes up - the stocks remain idle. But if the spot prices go down - they're sure as hell - quick to move the stock down. Think of a clutch engaging disengaging and you'll get it. But only engages on the way down for the exchanges favor - or whom ever wants to manipulate it.
What is basically happening - is this.... If the stock has bottomed out and the company is still good as in producing - and though a tad in debt - there is no reason this stock should not be in the dollar range . It is the shareholders responsibility to hound the company - to make them accountable to clear the debts - not doing this key aspect - allows the company to take on creditors which get paid first and keeps the shareholders out of the game or is it gain.
again - if this stock has bottomed out - it's because of shorters.... Spot nickle is still strong - and I feel the companies excuse for refining the nickle is pretty lame - I say how much are they being charged to refine it.... And if the markets have changed in prices but FNI is tied into a contract - surely their lawyer hmmmmm. Had enough smarts to keep it opened ended I order to float the prices - to insure FNI would always maintain a profit .
So - hound company - make them accountable with a shareholders meeting to clear debts... After all - companies are quick to offer share offerings and take investors monies - to grow and prosper their mining coast - in my opinion FNI should be not blushing but rather embarrassed - with such a quality business which pumps out how much nickle in a year ? But shuns the stock price ?
so - shareholders need good news - not news that says we are going to seek financing . I'd rather they shut the doors close it down.... And save the reserves - than to keep mining - line their own management pockets and all the while dismiss the shareholder.
With the assets they have - land claims and reserves and the amount they pump out per year in nickle sales - this stock should be seeking to revise their deal with the refinery - I say fix this for the shareholders sake... Secondly fix the management issues - too top heavy - then streamline and fix the expenditure issues. It doesn't make sense to work a mine - to give away the nickle - and then go more in debt..... Right? So we need good news.... Better news..... Hopeful news that will profit the company and shareholders who made it possible.... It's not about using shareholders to get on the map and later disregard them... And turn to financiers and place them above the shareholders...
So better news - streamline - fix refinery contract - or better yet find another refiner - or shut down temporarily to cancel the current contract.... Or tell the refiner - they can't keep mining at these costs and either they change the contract or they close... Why? Put it this way... There are other jr's out there that are not mining - not producing - hmmmm. Not really anything and their stock is frigging a lot higher.... In price .... How can this be? Something stinks.... And I say it begins by asking the company questions... Before they make it into a private business country club..... Management - and financiers - keep the debt running - still mine and line their own pockets and screw the original shareholders that placed them on the map....
Once good good news begins to flow - it's then we can promote a good company - shorters have crushed this stock - and it appears someone likes to place that end of day trade - manipulated trade - to keep it low - and only for their own gain.....
imagine if the stock was high... Properly valued... The company could offer shares at a desent price - gain enough monies - to do what they need to do - and never need a financier.... Get it ?
Its ts about manipulation - it's about who is making that short trade to keep it low... It's about fighting it... It's about being a Charlie to prize your own share and offer it higher... Being smart begins by noticing what's wrong ... And once you see what's happening - you can target what to fix....
Offers arevplaced higher... This needs to be done so if you must sell - offer itbat .05. All shareholders do this... It wil break the rut cycle and take this stock out of the doldrums... If a trade comes in lower trying to keep it low - there is your culprit.... Next good news... And more people on this board to tell others about the good news... Why? Remember the disconnect from the metals and stock markets.... We are in an entire world resource grab..... All energies all oils and metals - in private hNds.... So inordervto fight this.... Offer your shares higher... Like 50 offers all T .05. Heck .10 cents... The exchange only reads last trade... If everyone did this ..then it would take this stock upwards... No one else will help the stock if there is a disconnect... We are on our own... Traders against traders and yes... Shorters..... If you like this company make them accountable - and tell them no financiers.... Next if you must sell all offers higher.... When good news comes out - talk about it... And promote it... Remember you only make your monies off of other traders... Period.
cheers !