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Bullboard - Stock Discussion Forum
FPX Nickel Corp.
FPOCF
Primary Symbol:
V.FPX
Metals & Mining
Industrial Metals & Minerals
FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British...
Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.
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TSXV:FPX - Post Discussion
FPX Nickel Corp.
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Cobalt
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Post by
Cobalt
on Mar 13, 2022 11:40am
Chart goes back to 97
Whats the deal? 25+ years still exploration seems like a major red flag No?
(76)
•••
N3tPr0phet
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Comment by
N3tPr0phet
on Mar 13, 2022 7:45pm
Seems like they found a pretty good asset during that time, no? Keep in mind that this period includes a 10 year stretch where nickel was in the dirt and the project was mothballed to preserve cash. That only ~220M shares are outstanding even though the company has been trading since the 1990s speaks to prudent management, given that there has never been a stock rollback. They also got 20-30M of
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