Let me tell you why.1. the deposit discovered is a MAJOR...

Let me tell you why.
1. the deposit discovered is a MAJOR nickel-copper discovery in totally NEW area.
2. And this new province is ideal for the production of a high quality concentrate as there are none of the troublesome silicate minerals which can cause recovery problems such as in the typical Goldfields-style nickel deposits.
3. and its location relative to port is second to none.
4. And they are loaded with lots of cash to do the project

Its different from PEK and other discoveries as this MAY be the start of another Pilbarra or olympic dam type of discoveries (hopefully)...thats the reason why all the big institution were buying and keep accumulating this stock....30 buyers for every 1 seller as of today.