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Bullboard - Stock Discussion Forum First Atlantic Nickel Corp V.FAN

Alternate Symbol(s):  FANCF

First Atlantic Nickel Corp., formerly Avante Mining Corp., is a mining exploration company. The Company is focused on developing high-value geographically significant projects, including the Pipestone Project and the Voisey's West Project. The Pipestone Project represents the awaruite projects, which are a focus in the development of large-scale bulk tonnage nickel targets. The Pipestone... see more

TSXV:FAN - Post Discussion

First Atlantic Nickel Corp > I WOULDN'T BE TOO CONCERNED
View:
Post by maddison9 on Jun 21, 2021 9:52am

I WOULDN'T BE TOO CONCERNED

They are an exploration company exploring. Just a matter of finding the goods
Comment by benric on Jun 21, 2021 4:00pm
What happened?  Bought in at .19c a couple of weeks ago.  I just read the news release.  Still doesn't convince me why the stock price went down about 50%.  Perhaps 20 - 25% down, but no way 50%,  Either some investors are stupid and dumb, or there is something fraudulent going on.
Comment by ytriguy on Jun 21, 2021 7:25pm
Maybe you missed it, but when the FEDS mentioned inflation it sent the markets and gold prices into a tailspin. Over $1000 per ounce drop in gold price and all gold miners were impacted. So you're right, it wasn't just the drill results. If you buy at the current price you could  bring your average investment down considerably. It's what I did. Why would anyone say IT'S OVER ...more  
Comment by Yonexx on Jun 22, 2021 3:46am
Agree. 3 quality projects. But good chance we have some rough days/weeks/maybe months ahead. For a lot of investors this was the perfect core gambling project. Very active and good PR. Basicly every big and small investor liking that kind of play had it one point in time in their newsfeed and was invested in this one, .... and right away out again as it didnt show the goods right away. I think ...more  
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