Must read story from 0.05c to $5 just matter of time between the line
”Sample for REYRC013 are being rushed with assays expected in 2023. Drilling is currently expected to take 1-2 weeks with assays”
Sirius Resources sparked “The Great Nickel Rush” in WA’s Fraser Range when it hit not one, buttwomammoth Nickel Deposits, resulting in its share price rocketing from 5c to $5 in matter of months.That’s a 100-bagger. Not surprisingly, no less than twenty explorers are frantically jostling to make the next monster nickel discovery in the region. And we think we’ve found the most promising one of them all... This tiny nickel explorer controls almost TRIPLE the landholding in the Fraser Range than that of the big kahuna, Sirius. We are talking over 3,500km2. They have pulled off a major upset by leaping to the front of the Fraser Range pack – the tenements they have acquired come with expensive PRE-COLLECTED high res data. Just in case you have been living under a rock for the last 12 months, here is what happened with Sirius (ASX:SIR): This chart shows Sirius plodding along at 5c – then with two huge nickel discoveries, first Nova, then Bollinger, it became a 100 bagger, creating fortunes for those who bought in on the ground floor.
The past performance of this product is not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. This product, like all other financial products, is subject to market forces and unpredictable events that may adversely affect future performance.This discovery single-handedly brought the speculative mining sector back to life, with Sirius surging to a $1 billion market cap by March 2013. The remote Fraser Ranges became the new final frontier, lined the pockets of Sirius shareholders, and sparked a nickel rush of grand proportions. Since then, twenty explorers have fought in a land grab for the tenements of the Fraser Range, hoping to uncover another earth shattering discovery on par with that of Sirius.The Next Small Caphas studied each one carefully and we have come to our conclusion. The company we have added to our portfolio today has 16 high probability drilling targets that bear an uncanny resemblance to Sirius’ Nova-Bollinger discovery. This is quite simply the largest number of ‘eye feature’ targets released by ANY explorer, EVER, in the Fraser Range. ... including Sirius. Yes, we are serious. And one leading research house agrees... An ‘eye feature’ is a magnetic ring below the earth’s surface, detectable via electromagnetic ground imaging. The ring is a geological feature which may indicate a late stage intrusion that has thrust up into the existing fabric of the Fraser Ranges. This late stage intrusion could contain particular metals. Such as Nickel.Drilling an eye feature is how Sirius discovered the deposit that took them from 5c to $5 in a matter ofmonths. In fact Sirius went from $2 to $5 in just a matter of days following theirseconddiscovery. Seriously. Other companies in the area may also have large land holdings – but check their market caps, you’ll find they are more than double that of our tiny company... and withfewerdrill targets. With a market cap of just $6 million, this tiny company has high impact, high probability drilling coming later this year, and is located smack bang in theepicentre of the hottest nickel sulphide exploration province in the WORLD. It’s no wonder that the two heavy hitting, major shareholders of this tiny explorer hold 54% of the company... We are champing at the bit to reveal our “little secret” – introducing our newest portfolio addition:
Investing in speculative explorers carries high risk – there is simply nothing certain with these companies. But when we heard that Segue Resources (ASX:SEG) had snagged thesesignificant nickel assets, (and for just $200k and $1.1 million in SEG shares) our multi-bag sensors started going off like firecrackers. SEG’s 16 priority eye targets all have a similar magnetic signature to Sirius’ Nova-Bollinger nickel deposit...and their average size is more than 5 times that of the Nova feature.That last part deserves repeating –SEG has 16 eye targets– these are the high probability targets, narrowed down from 40 – and their AVERAGE size is 5 TIMES that of the enormous Nova-Bollinger-nickel-copper-whopper. We did a double take when we first pored over the data, and compared SEG’s market cap of $6 million against the other companies in the region. SEG has multiple near term price catalysts, witha focused, progressive, and impressively organised exploration campaignthat isalready in progress. This campaign will evaluate and prioritise the eye targets. Later this year, the eye targets with the very highest prospectivity will be drilled. RM Research recently initiated coverage of SEG, rating the company as a speculative buy:
Perhaps you are thinking that the current unfavourable sentiment towards mining stocks means limited upside for junior metal explorers like SEG. We disagree. As somewhat contrarian investors, we invest in assets and commodities when they are shunned by the “herd”. Right now is a potential opportunity to scoop up the best exploration companies at undervalued, bargain prices. Once the commodity cycle turns, these companies could quickly multiply in value. This doesn’t look too far away now, especially for nickel.
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