share price, page-30

Y4, I think moderation is not reported by posters as you think.

There are rules here, we are clearly reminded of these before we make a post. .

Moderators read the posts, if rules are broke moderated.

Defence is both new holders and old holders I note.
This is natural as one revs up the other.

Still the end game is the same for newer positive posters and older negative posters, and that is we all have the same vested interested to profit or recover our money or some of it..

I know the history, but I also know today, tommorow and next week is what counts now.

The sale of the Mel ni deposit does provide a base benchmark of 40m for Lynn lake.

That sale was in 2017 on a resource of around 35k ni for 12m when forward projections were average, versus robust forward today and less risk as Lynn Lake is 3x larger.

The Mel deposit also had 1 and 2m intercepts, not 5 to 30m that Lynn Lake has.

So Lynn Lake I'd think today would be worth minimum 60 to 70m or 2.8c to 3c based on less risk resource, better sentiment and better potential than Mel deposit..

Independant nickel had a 140m npv on Lynn Lake many years ago. So it's worth potentially higher than 60-70m, there npv 90k ni, not the present 116k ni

A jorc upgrade to 200k I feel 120m to 140m minimum or 5.6 to 6c. If we apply the npv independant nickel set on smaller resource at 200k ni, 280m or 11 to 12c.

It would be about right as 200k ni is more than 2.3b contained metal, plus Co and cu credits.

There are a few thesis papers kicking around from the 70s to 90s.

Lynn Lake was compared to fraser, much testing was done, what was found was fraser was larger and had stronger magnetics, the same host rock, but its been found to be a newer deposit.

We're talking in millions of years here. So fraser occurred most likely by continued volcanic activity or new volcanic activity.

Alamos has millions of oz of gold, what I find interesting is via volcanic and is greenstone belt same as fraser and Lynn Lake. Olympic dam has all 4.

The entire area looks like it was a massive volcano billions of years ago, that deposited gold, copper, nickel and cobalt.

There is no known gold on czns leases, to be clear. Its just interesting greenstone common host to 2 different types of deposits in reasonable close proximity.

Sherritt was looking for gold, but discovered nickel outcrop and stopped looking for gold. I'm sure if anything was there it would be picked up in creeks or via reefs which isn't the case.

We just got to sit and play the waiting game for a month to 6 months to know if Dud or jackpot via the drilling.