Bullboard - Stock Discussion Forum Nickelex Resource Corp V.NICK

Alternate Symbol(s): NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining... see more

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TSXV:NICK - Post Discussion

Nickelex Resource Corp > Huge disappointment..............

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Post by ggrellette on Apr 21, 2021 4:29pm

Huge disappointment..............

I am sure many here are feeling. The expectations were extremely high here and have basically been muted. They are producing but.............................the market has turned a blind eye on this company. For some reason the market has placed this story in the show me camp. Execution is being done but the market has very little faith. What does the market know that the posters here do not know.

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Comment by mferguson71 on Apr 21, 2021 7:04pm

I believe that we are seeing the company hold fairly well to be honest. I expected some price pressure on the stock once the stocks could be traded after the last private placement. My guess is some of the shareholders will sell their shares and then hold onto their warrants for upside. The market has been absorbing this pretty well if this is the case in NY opinion. Need to continue to chew ...more

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