The G88 guys know what they are doing it's not their first DAY on the job
Nickel price going well and cobalt is flying with the added bonus of Scandium $$$ the quicksilver looks to be a massive deposit 30-60 million tons now let's say 80%-90% recoveries which out peers are getting
or even 50% recoveries of say 40 million tonnes of the cobalt, nickel and scandium and you get a big number $$$$
Or
If you use the lowest figure for each eg 20 Mt @ 0.1% Co and 0.50% Ni & 30 Mt @ 45 gpt Sc you can get a conservative idea of what Is at quicksilver.......someone with a calculator???$$$
JORC will be completed on this deposit this year !!!
and don't forget this is just one of the properties G88 has under its belt
The other metal that's flying is GOLD and G88 has some very exciting tenements especially around the Leonora heartland area right next to KIN mining operates( $40 million Market cap)who only yesterday announced a 1.1 million ounce resource next to G88 properties so there's lots to look forward to apparently the drilling is to start there very soon....
G88 market cap @.15 cents $7.8 million
E/v of $3.8 million
I'm sure KIN or SBM would be watching when the drilling starts at Leonora for some good hits and if the sp stays this cheap a T/O will be on the cards imo
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