According to the article linked below, Chris Temple of The National Investor has given Alaska Energy Metals (Ticker: AEMC.v or AKEMF for US investors) an immediate buy rating.
AEMC is connected to a substantial nickel resource in southern Alaska, and despite its current CA$22 million market cap, Temple believes it holds significant potential value.
The company's primary project is the Nikolai Project in Central Alaska, where recent exploration results have been positive. AEMC shared findings from four of eight drill holes, indicating consistent mineralization along the 600m-long Eureka Zone, which remains open.
One hole showed a 324.6m downhole intersection with a grade of 0.34% Nickel Equivalent, and another returned a 356.2m intersection with a similar grade. These holes also exhibited mineralization of copper, cobalt, palladium, platinum, and gold.
Following the release of these results, AEMC's share price reached a 52-week high. Overall, AEMC is up 83% over 2023.
The article highlights that Nikolai is situated near areas partly owned by Bill Gates and Jeff Bezos, signalling interest in significant nickel projects for the electric vehicle industry.
Full article here: https://www.streetwisereports.com/article/2023/11/09/metals-co-striking-it-rich-in-alaska.html
Posted on behalf of Alaska Energy Metals Corp.