a bargain gold and nickel stock, page-6

Thanks for your comments, Plough.

Not sure if I agree with you that a Nic deposit has to have 35 grades to be economic.

It depends on things like overburden, size of deposit, cost of building the mine,etc.

As I understand it, YML's deposit is sitting right on the surface -- it's just a case of dig it up! And driving 120kms to the treatment plant is hardly any distance at all apparently.

And the guy i spoke with kept stressing the high grade of their cobalt - he certainly didn't suggest it was low value.


What do other people think?

Cheers Anne