beisha, If we can replicate the high grade results from...

beisha,

If we can replicate the high grade results from Anglo-Americans Jacare deposit next door then CTM will rerate for sure. Grades of 1% Nickel and above 0.13% Cobalt will be good and hopefully widths of about 20m. Anglo has a very high grade section with grades of 1.2% Nickel and 0.18% Co which is considered exceptional especially for the tonnage they have. The other big positive you have mentioned is the resource is from surface so very easy to drill and very easy and cost effective to mine as open pit mining.

Hopefully we get the first RC drilling assay results later this week and see the share price over .02c.  I expect a MC of about $50 Million to be reasonable on positive results.

"Anglo American’s world‐class Jacaré Nickel‐Cobalt Project Resources: 307Mt at 1.3% Ni and 0.13% Co, including a high‐grade cobalt resource of 185Mt at 1.2% Ni and 0.18% Co."