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While I believe we will get there thanks to the geology we are...

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BobbyMorane

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29/10/20

20:05

Post #: 48504603
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Originally posted by Investsavvy10: ↑

I agree and the company needs to move away from feeding drill results as the only SP catalyst going forward. If they prove up massive drill hits then yes announce it but we have 10 MT of high grade massive sulfides so why not utilize this, give the company reasonable earnings and valuations can be applied based on a near term producer, ongoing explorer and a world class nickel mine and downstream project with significant tonnage (e.g. 6 million tonnes throughput).

Massive sulfides range between 1.5% & 3% nickel so run those numbers through a 1 million tonne throughput operation and the earnings per year would reflect more then the current market cap alone so instant re rate and self funding the main game with less dilution. Absolute game changer IMO.

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While I believe we will get there thanks to the geology we are in and 6-10 rigs on site, there's a lot of work ahead before we proove 10mt of massive sulphides.

Nova - Bollinger was 14.6mt @ 2.2% Ni / 0.9% Cu.

Last edited by BobbyMorane: 29/10/20

BSX Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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Last 3.2¢		Change 0.000(0.00%)		Mkt cap ! $16.89M

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