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Nicola Mining Inc HUSIF


Primary Symbol: V.NIM

Nicola Mining Inc. is a Canada-based junior mining company. The Company maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of approximately 10,913 hectares (ha) along the southern end of the Guichon Creek Batholith and is adjacent to Teck Resources Ltd.'s Highland Valley Copper. The Company also owns 100% of the Treasure Mountain Property, which comprises approximately 51 mineral tenures, 21 legacy claims: 100 cell units, and five crown grants for a total of approximately 2,850 ha. The Company’s Merritt Mill Property is host to an active run gravel pit, which is located on District Lot 4234. Situated in the heart of the Thompson-Okanagan mining district, the Merritt mill and tailings site consists of approximately 980 acres of fee simple land. The Company also maintains a 75% economic interest in the Dominion Creek Property.


TSXV:NIM - Post by User

Post by ChocolateAngelon Aug 26, 2020 10:33am
239 Views
Post# 31455070

Quiet Board

Quiet BoardThis is a quiet board. Nicola has had a few stops and starts and foiled from executing on plan in past. Looks to me like the issues are in the past and on track to get mining. Significant assets -and albeit a higher price now the assets are extremely undervalued at this price. I will continue to hold for sure. light on cash -but confient this leadership team will hit plan this time around.
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