CR1 constellation resources limited

ATH today WHY ?, page-43

  1. 597 Posts.
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    Nice summary Alfie for all the new members that are visiting this forum probably for the first time. Instead of poking fun at whitey I probably should have spelt it out for him like you did right here with this post, so good job.

    Another thing that will give this stock a lift, and many other stocks in FR just like with Julimar discovery, is another Nova type discovery in FR. I’ve been in exploration game for ~15 years and have been very lucky to be involved in 2 discoveries with 2 companies, both taken over in multi-billion dollar deals. One thing that’s preceded both discoveries was a big exploration effort / huge capital investment. Sometimes you simply get lucky, then pump in enormous amount of capital to prove up the resource. What I'm seeing with FR is that plenty of capital has already been pumped into exploration especially over the last ~1.5 years with Legend’s discovery (still work in progress). Plenty of capital is still being pumped into exploration with more to come as already indicated by IGO - major player. Hence based on my experience, I firmly believe that it’s only a matter of time before any one of the companies that is exploring for nickel in FR makes a discovery in what will become a world class nickel province.
    Last edited by sanchopanza: 31/05/21
 
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