Thread: North American Nickel - The Largest Meteor Impact Crater

Results 1 to 4 of 4

  1. #1

    Default North American Nickel - The Largest Meteor Impact Crater

    I own a good position in this stock.


    They are exploring the Largest & Oldest Impact Crater on Earth and have discovered Nickel, Copper, Colbalt, Gold.


    June 2012 Earth's Oldest Impact Crater Found in Greenland

    http://www.newscientist.com/article/dn21996-earths-oldest-impact-crater-found-in-greenland.html


    www.northamericannickel.com
  2. #2

    Default

    NAN.V has just announced a $7.5m private placement.

    Get this the PP price is 0.17 and the market is ~ 0.13 ?

    Is trade up ?

    djk
  3. #3
    GerardFitz
    Guest

    Default

    Sounds like they are offering shares and warrants to 'funds' related to insiders. That is always a red flag. Serious investigating should be done on this one, it doesn't sound right.
  4. #4

    Default

    Thxs Blaine,

    Good point, however if the market won't fund a junior explorer then the insiders should step up and put some of their own cash into the company.

    I see it as a acknowldgement & commitment.

    Yes sure seems like they'll make alot of money down the line, but they carry the huge risk.

    I my DD shows the funds & insiders are paying 0.17/share and the market is 0.12-0.14 ???

    djk

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts