Bullboard - Stock Discussion Forum FPX Nickel Corp. V.FPX

Alternate Symbol(s): FPOCF

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... see more

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FPX Nickel Corp. > Chart goes back to 97

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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?

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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 ...more

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FPX Nickel Corp.