POS 20.0% 0.6¢ poseidon nickel limited

Ah yes gold = Plan G Everyone forgot about the W gold tailings...

  1. 10,085 Posts.
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    Ah yes gold = Plan G
    Everyone forgot about the W gold tailings and the LJ gold tailing and taylor rock high grade gold deposits.

    Everyone already ignores the super high grade Ni deposits at EA & SS and the 2 massive Ni mills POS has.

    The gold deposits are a chance especially at current 5 year highs of AUS$1720 per ounce.
    Buy an old mill and gold processing plant for $1.5M and theres another $250M in savings in building one from scratch or save $10M on the leach circuits/plant as stated in the 2013 DFS for W that was supposed to piggy back on the new Ni mill at W for $250M.

    Didn't SIR spike up $500M last year on polar bear gold finds near LJ?
    Hasn't the OZ gold sector risen by over $10B in the last 5 months on higher AUS $GP!

    POS has options, always has had and now even more.
    Im not citing facts just speculating. Don't listen to my BS!
 
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