PNM 0.00% 2.4¢ pacific nickel mines limited

more high grade copper at mt lidster, page-16

  1. 5,428 Posts.
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    Thanks Elroy,

    Your figure gives a per share valuation for Mt Lidster as US69c. I call it a very encouraging result!!

    Considering the site is only a few km from the highway and is already a granted mining lease, there should be a good chance that a modest scale project will get up. I see a straightforward crushing /flotation operation and toll treatment of the concentrate as a distinct possibility provided the current results are confirmed by infill drilling.

    The coming week should be interesting with a trifecta of good news from Conrad, Mt Lidster and Tooloom.
    The Mt Lidster results alone are enough to add significant value to the sp.

    Opaline
 
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