RE:QH referencing FNI today?
Flyder wrote: QH was talking on the Crescat video today about the major investments they are in to, starting at 54:00. He doesn't mention companies by name, but I'm thinking he might have been referring to FNI at 55:30. See what you think:
https://www.youtube.com/watch?v=00lfP6Oxebg
Yes he was definitely referring to Fathom Nickel when he said this metal is used in alloys, stainless steel and batteries. Crescat owns 19% of Fathom and Quinton Hennigh is very positive on the company and the geology on the two properties. Quinton thinks Fathom Nickel has the best chance at a large high grade nickel discovery in Canada. He basically came out and said they have already made a significant discovery at Gochager and compares it to the Nova Bollinger nickel deposit that was bought for $1.8 billion about ten years ago Start watching at the 1hr and 2 min mark. The big boys are getting positioned in FNI for the next round of drilling starting in two weeks. The plan to do a much bigger drill program over the winter months on both the Albert Lake and Gochager Lake properties.
https://m.youtube.com/watch?v=Jhe8ae0ctNw&t=3710s&pp=ygUTY3Jlc2NhdCBjYXBpdGFsIDExNw%3D%3D
He showed Snowline shortly afterwards how it has done over the last 3 years when Crescat first invested around 25 cents and again a couple times afterwards. I think Crescat invested $20 million at $1.25 just over a year ago before SGD took off. He's basically saying it could be worth $1.9 billion without actually mentioning Snowline but it was obvious he was talking about it.