POS 14.3% 0.6¢ poseidon nickel limited

NICKEL NEWS, page-16

  1. 9,725 Posts.
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    Sherritt (Canada & Cuba Ni producer) tonight hit an all time record high SP & MCap

    went from 2015 lows of 2c to 40c tonight
    a 20 x MBer.
    NP has gone from 4.00 to 9.20 more than doubled from these 2015 lows but nowhere near 20 x.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    1 Sherritt International Corp /S.TO 09:51 0.40 CAD +0.01 +2.56%

    If POS did this from 2015 average lows of 4c, POS would be at 80c today
    Instead POS is 9.0c LOL!
    Forget 20 x
    its barely 1 x of 2015 average lows, a 20 multiple lower than Sherritts move.
    Why?

    Sherritt hit good grades at large low grade laterite resources and STARTED PRODUCING & INCREASED PRODUCTION at HIGH MARGINS which has kept increasing from 2016 to today.
    POS is still not producing sitting on large resources with a larger milling capacity & much much higher grades than Sherritt!
    Even MH 1.3% & W 1.6% are higher grade than Sherritts low grade!

    Sherrit has NPI laterite low grade of only a grade of 1.03%, NUTS!
    "At that time, the project had a measured tonnage of 111.9 million tons, with a nickel grade of 1.03% and a cobalt grade of 0.13%"

    Sherritt would triple in value if they found 7%-12% grades like we have found at GS & SS or if they were producing at 1.6% average grades of sulphide like they could be right now imho.

    Its chalk & cheese. But in reverse!
    Its a parallel universe.
    High grade sulphide stalled & ignored while low grade producing laterite worth a motza,
    NUTS!

    START HER UP!
    Last edited by tomboy: 04/12/21
 
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