Hartleys have replied to an email I sent them to provide further info to support their theory of a major nickel discovery being found. Here is the reply:
Dear Michael
St George have released results yesterday, in my view they are indicative of another new nickel province.
You need a certain geological setting for Nickel sulphide deposits, of high MgO ultramafic rock sequences. This ideal for possible nickel deposits, visa v nickel discovery
BHP have demonstrated the existence of MgO ultramafic rock sequences, with some of them containing nickel.
This is significant and conducive for another major nickel discovery by BHP & St George.
One further point.
Jubilee Nickel went from 8 cents to $ 1 on the discovery of the Comos deposit, then back to 20 cents
It was subsequently taken over for $ 23
The market does not always get it right in the first instance.
Once this is for sure, SGQ will be volatile, and an appropriate appetite for risk is required by any one investor
Dxxxx Mxxxxxx| Investment Adviser
Level 6, 141 St Georges Terrace | Perth WA 6000 | Australia
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