Krypton Street's New Profile is…
First Atlantic Nickel Corp. (FANCF)
Nickel Is Crucial For Modern Military Technologies, Including Jet Engines And
Armor Plating (U.S. DoD)!
First Atlantic Nickel Corp. Aims To Reduce North America's Dependence On
Overseas Nickel Sources!
Tesla's 125,000 Cybertrucks/Year Needs 32,600 Tonnes Of Nickel!
Sustainable Energy Transition Could Drive Nickel Demand To Increase 140x By 2040!
The Atlantic Nickel Project Offers Significant Potential With A Naturally
Occurring Nickel-Iron Alloy.
Promising Exploration Results At Both The Atlantic Nickel Project And
Voiseys West Project Could Indicate District-Scale Potential!
Major News: First Atlantic Nickel Corp. (FANCF) Secures Top Geologist for
Newfoundland Project!
Pull Up (FANCF) Right Now and Start Your Research!
June 27, 2024,
Dear Reader,
As we approach midday, First Atlantic Nickel Corp. (FANCF) is demonstrating 5 Bullish Signals on TradingView's Technical Indicator Tool for the 1-Hour Timeframe:
Oscillators
Momentum (10) = Bullish
MACD Level (12, 26) = Bullish
Moving Averages
Simple Moving Average (30) 0.1011 = Bullish
Simple Moving Average (50) 0.1009 = Bullish
Hull Moving Average (9) 0.1018 = Bullish
BarChart indicates that First Atlantic Nickel Corp. (FANCF) is trending above its Support Levels and is nearing its next potential resistance level of $0.1379.
Support & Resistance (Barchart)
3rd Resistance Point: 0.1931
2nd Resistance Point: 0.1738
1st Resistance Point: 0.1379
Recent Price: 0.1035
1st Support Level: 0.0827
2nd Support Level: 0.0634
3rd Support Level: 0.0275
Pull up First Atlantic Nickel Corp. (FANCF) now if you haven't already.
First Atlantic Nickel Corp. (FANCF) just announced the appointment of Dr. Ron Britten, a world-renowned nickel expert and recipient of the H.H. "Spud" Huestis Award, as Technical Advisor for its Atlantic Nickel Project in Newfoundland, Canada.
Dr. Britten, celebrated for discovering the Decar awaruite nickel project in British Columbia, brings over 40 years of expertise in nickel-iron alloy exploration and development.
His knowledge and experience will be crucial to advancing the 30km district-scale project.
In addition, First Atlantic has welcomed Mr. Rahim Kassim-Lakha, CEO of Blue Sail Capital, as Strategic Advisor. Kassim-Lakha, with over 28 years of global investment and capital markets experience, will guide the company's strategic decisions and corporate development efforts.
The company also announced the completion of a $2.1M financing round, led by a strategic investor who acquired a 9.98% equity stake.
This funding will support a planned 5,000m drilling campaign targeting significant nickel deposits within the Pipestone Ophiolite Complex.
For the full press release click here.
To see our previous write up keep reading below:
In a world where the stakes of global geopolitics and industrial strategy grow ever higher, few elements have proven as vital as nickel.
This remarkable metal, now essential to cutting-edge military technologies and the booming electric vehicle market, is in unprecedented demand.
Tesla, with its ambitious goal of producing 2,500 Cybertrucks per week by the end of 2024, has further underscored the critical need for a steady nickel supply.
Amidst this backdrop, First Atlantic Nickel Corp. (FANCF) has captured significant attention, surging approximately 65% within the last month since its uplisting to the OTCQB.
Keep reading to discover why First Atlantic Nickel Corp. is becoming an indispensable player on the global stage.
At a recent shareholder meeting, Elon Musk revealed staggering targets: Tesla aims to produce 2,500 Cybertrucks per week by the end of 2024, translating to 125,000 Cybertrucks annually, with aspirations to ramp up to 375,000 units per year.
To achieve this, Tesla will require vast amounts of key battery metals, including 32,600 tonnes of nickel.
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