CHN 0.00% $1.82 chalice mining limited

NOVA 2! The next mine in WA!, page-6

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    Just trying to get my head around this. I know zero about Nickel. Just found that. Its quite a bit out of date so the prices are different in 2020 (Note 2014)

    http://www.balmoralresources.com/projects/grasset/nickel-deposits-explained

    "At current metal prices (April 29, 2014) of $8.30 per lbs for nickel and $1300 per ounce gold a rock containing 1% nickel, on a 100% recovered basis, would be equal in terms of recovered value to a rock containing 4.38 g/t gold on the same 100% recovered basis. Obviously most nickel deposits contain significant copper, platinum, palladium or other recoverable minerals which then ultimately add to the potential value of the intercept."

    They intersected 19m @ 2.59% Nickel.

    This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.
 
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