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Fathom Nickel Inc C.FNI

Alternate Symbol(s):  FNICF

Fathom Nickel Inc. is a Canada-based exploration company. The Company targets magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market. The Company has a portfolio of two exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project and Gochager Lake Project. The Albert Lake Project consists of 90,127 hectares of drill ready exploration lands located in Saskatchewan, Canada. The property is located in the Trans Hudson Corridor, which is host to nickel mining camps, including Thompson Nickel Belt, Lynn Lake and Raglan Nickel Belt. The Company also holds a 100% interest in Gochager Lake Property, which consists of approximately nine mineral claims covering approximately 4,696 hectares located in north-central Saskatchewan. The Property is approximately 60 kilometers southwest of the Company’s flagship Albert Lake Property in north-central Saskatchewan.


CSE:FNI - Post by User

Post by 4marlinon Apr 13, 2024 9:06am
134 Views
Post# 35987308

Gochager and financing

Gochager and financingImo, Gochager can best be described as an incipient discovery. 
Wide, high-grade i/s they do not have......assays will confirm one way or another.
If the narrow i/s are a little bit wider, and the grade is a little bit higher, than the market expects then maybe they can get a financing away on terms that are not disastrous for shareholders.
For me, the body language  in the recent webinar was really all you needed to know.

I will materailly back a financing only if:
  1. Mgement really puts money in. 
  2. Heavyweight 3rd party validation (with Ni expertise) is forthcoming
  3. At least one really deep (1000m) hole is planned.
Most of the commentary over on ceo.ca is hopeful gibberish.

That.s off the top of my head.
Bb
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