DRK 0.00% 1.2¢ drake resources limited

ann, page-30

  1. 9,507 Posts.
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    Hi Numbaz,

    You are right a nickel deposit in Sweden will be far more valuable at this stage then a gold deposit in Africa.

    But I am not saying there is no value in Africa its just the fact that we have political security and infrastructure waiting for us in Scandinavia and a ready workforce to mine the stuff.

    And for those who feel that Falconbridge has done all the drilling and if there was something they would have found it, life is not that simple in the exploration industry.

    I remember WMC selling their sulphide underground nickel mines as BHP did not want them, as they where just too hard to mine.
    Mincor has been drilling and found more high grade Ni for the last 10 years or so, since they bought the mines for a small sum as no one wanted them.

    Wait for the next drilling results and it could change the whole picture as this story is far from over imho.

    good luck

    jojo
 
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