There is to many 'if's' with this stock.It goes for these little...

There is to many 'if's' with this stock.

It goes for these little runs on the back of nothing and the stock drifts back down again.I just hope people do not punt on this stock only when the nickel price goes up because they are not within 10 years of extracting anything from the ground only from shareholders pockets.

the 'if's' are 1)if there is a commercial deposit and it
will be 2-3 yrs before this is known
2)if BHP decides to stay in and it won't
if 1 doesn't happen
3)plenty of dilutions along the way
4)nickel price in 10 years

As I said previously I think it will be 10c in 5yrs but short term it could go anywhere.If there is a slight sniff of a nice drilling result it could go to 50c but a bad result would see to go to 20c or less.

There is so much hype about this stock but up till now , no results to back it up. These may come but also may not.

I think this stock is a great one to have fun with, playing with the movements up and down and trying to pick it but long term it will be a waste of time.

A better stock is AGM, which has 120,000t of nickel and is about to produce in 10 months, has long term contract for it's product worth US$1.3 billion and is almost the same price.
This is the known and FCN is the unknown. Take your pick.