AVQ axiom mining limited

Having trouble getting opinions on this stock. Other thread is...

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    Having  trouble getting opinions on this stock. Other thread is even discussing other stocks.

    If anyone has any thoughts on potential of this stock assuming it gets approval it would be appreciated.

    All I have is:

    Nickel-cobalt laterites were first identified on Isabel and San Jorge Islands by the British Geological Survey. With development and advances in commercial metal recovery processes, such deposits became major sources of nickel and cobalt. The international Nickel Company of Canada (INCO) began exploring the two deposits in the late 1950s and conducted major exploration programs over a 15-year period. These included a number of feasibility studies on mine development. In June 1975 the Solomon Islands became an independent state. The Constitution adopted by the new country granted land access rights to the traditional landowners and this event interrupted exploration activities. The next period of exploration on the Isabel-San Jorge laterite deposits was done in the early 1990s when Kaiser Engineers International Inc. (Kaiser) was engaged to complete a feasibility study on the deposits. Kaiser independently tested parts of the deposits for comparison with INCO’s work and concluded that a measured reserve under then existing Australasian Institute of Mining and Metallurgy reserve reporting rules was sufficient for a 2800 t/day, 15-year mining operation. Total limonite (high iron) and saprolite (low iron) resources were estimated at 159mtn @ 1.045% nickel and 0.07% cobalt at a specific gravity of 1.2 by Kaiser in 1993. This is a historic estimate and is not a JORC compliant resource.

    This is from 2011 announcement when they first got involved.

    I assume this is the best info we have as not much has been done since-is that right?

    Looks pretty good to me!
 
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