about to crack wide open, page-8

Happycats, I think hole 4 will be a bit hit and miss but hole 7 has every chance of being a ripper.

The trend is that the grade is increasing at depth. Also hole 7 is testing deeper targets below hole 6. If the conductor in fact does continue (it's open at depth) and the grade increases, then that alone could be enough.

But I'm hoping theres some more low grade Nickel/Copper/Cobalt below that conductor at depth. If we get another pocket or two of high grade below it then that is just a bonus.

I'm also hanging out for the EM survey. This will be very telling as to how the big picture looks.

Sure, there could be a cap raise at any time, but cap raises are a normal part of a company's life. If there's not a cap raise coming, there's often an overhang of shares from the last cap raise ect. Don't sweat the small stuff. The drill bit is what matters here IMO.

The bottom line for me is this. The market cap has come of a whopping 50% to a paltry $13m. They have very few shares on issue, a large land holding and are hitting good metres of disseminated to massive sulphides that start very shallow.

It's also a good team with good knowledge, who appear to know what they're doing.

Nickel is the flavour of the month since SIR and I'm more than happy to snuffle some up at a $13m market cap. It seems a case of not if they find something significant but when.

I could be wrong, this is just my opinion.