Nicola Mining Inc HUSIF

Primary Symbol: V.NIM

Metals & Mining Industrial Metals & Minerals

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.

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Nicola Mining Inc > The case for Nicola Mining

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Comment by pogohereon Aug 06, 2021 10:13pm

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Post# 33667781

RE:The case for Nicola Mining

"First of all, this company has a good deal of debt that bears a risk of wiping it out if PM prices don't continue at least to stay relatively the same as they are now. So bear in that mind from the outset."

What are the details on the current debt position of NIM ? Can you supply links to company data on the details?

TIA

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