You earlier said there could be more Nickel on the way (i.e. a larger deposit than thought).. I consider there could also be a much smaller deposit than thought.
So far, people have been doing sums on.
1000m x 220m x 4-8m-16m at expected soil densities and %nickel/copper to get a value for the company.
If you do this, it stacks up against the MC maybe.. what if there isnt nickel at the same grade along that large of an area?
they have drilled 3 holes out of a huge EM anomaly, lots could happen.
Could be upside or downside, I just know there is a premium priced in for future high grade intercepts already. Probably flatline for a while, I personally don't expect a test of .99 for a while. all IMO
SIR Price at posting:
81.0¢ Sentiment: None Disclosure: Not Held