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Bullboard - Stock Discussion Forum
Nickelex Resource Corp
NKLXF
Primary Symbol:
V.NICK
Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is...
located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.
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Bullboard (TSXV:NICK)
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mferguson71
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Comment by
mferguson71
on Nov 06, 2020 8:23am
RE:RE:Valterra Livramento Mine to start extracting ore today.
Set expectations low in my mind and be 100% confident until those expectations are proven wrong consistently. 500 ounces a month, with a margin of $1000 per ounce would give them approx 6 million in
...more
(1)
•••
OldGold
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Comment by
OldGold
on Nov 06, 2020 4:58am
RE:Valterra Livramento Mine to start extracting ore today.
Well, they said they would have ore to the ROM by Thursday, and they have. He said they delivered 150 tons of ore in one and a half hours, so that is 100 tons per hour. The plant as it is set up can
...more
(1)
•••
OldGold
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Post by
OldGold
on Nov 05, 2020 7:22am
Valterra Livramento Mine to start extracting ore today.
Just a very short video, hot off the press. The guys will be extracting ore today by the sound of it. I can't believe how fast they have got to this point. Still a crazy low SP.
...more
(1)
•••
OldGold
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Comment by
OldGold
on Nov 02, 2020 1:33pm
RE:Senior AngloGold Ashanti Geo joins VQA Brazil team
What an amazing recruitment, exactly right GoldenEra, another very experienced and senior member of the Brzilina mining industry joining the group. Why, to operate one little mine, I do not think so
...more
(20)
•••
mferguson71
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Comment by
mferguson71
on Nov 01, 2020 7:12pm
RE:RE:Does VQA Need to Complete their Open PP?
On their website the one interview states that they are looking at other opportunities. My hunch is the same as old gold. They will try to secure as many close by properties to keep the cash cow
...more
(1)
•••
OldGold
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Comment by
OldGold
on Nov 01, 2020 1:13pm
RE:Does VQA Need to Complete their Open PP?
I am not full bottle on the company's finances Scorpio2, but they might be topping up the account to buy another property close to one of the two they already have in Brazil. Livramento is clearly
...more
(123)
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Scorpio2
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Post by
Scorpio2
on Nov 01, 2020 9:36am
Does VQA Need to Complete their Open PP?
My only concern at this point is if they get the operations up running quickly and they are producing 1,000 oz of gold per month, do they still need the 30 mm unit financing at 0.10 to finance the
...more
(1)
•••
OldGold
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Comment by
OldGold
on Oct 31, 2020 9:30pm
RE:RE:Livramento videos
Cheers GoldenEra, this is also a large investment for me. I have done a truck load of research on the whole area, and can not believe the MC, it is a joke. The gentleman talking is a Brit, he speaks
...more
(1)
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OldGold
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Comment by
OldGold
on Oct 31, 2020 2:43am
RE:Livramento videos
This one is of the plant running.. I do not think it is processing anything, Just a test run I think. {^youtubevideo|(width)425|(height)264|(rel)False|(url)https://www.youtube.com/watch?v=A
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OldGold
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Post by
OldGold
on Oct 31, 2020 1:26am
Livramento videos
I have some videos from Livarmento if anyone is interested. I will post them one at a time, not sure how it works on this site. This first one is from early in October of some equipment.
...more
(0)
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defcon1
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Comment by
defcon1
on Oct 30, 2020 2:08pm
RE:Management
Maybe they are tapped out from carrying the company so long. Looking at the last financials, they are owed a lot of money. My concern is that they still have not completed the purchase of the
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mferguson71
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Post by
mferguson71
on Oct 30, 2020 9:54am
Management
While in the relatively short time I have been invested in the company been impressed with the moves management team has made one thing is a little concerning to myself. A great gold property, with
...more
(1)
•••
OldGold
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Comment by
OldGold
on Oct 28, 2020 4:40am
RE:RE:RE:Nice Sample Result at Lima with News Release this Morning
Valterra's MC is crazy low. With one mine now in production, plenty of gold rich ground to mine, all permitting in place, experienced team in place, loads of equipment.. This company has only one
...more
(20)
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mferguson71
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Comment by
mferguson71
on Oct 26, 2020 10:24pm
RE:RE:Nice Sample Result at Lima with News Release this Morning
Where is the PNG that you speak of GoldenEra? I dont have the history on management as much as I should. One thing I keep telling myself is how are we at a 2.5 million market cap with the property
...more
(123)
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Scorpio2
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Post by
Scorpio2
on Oct 26, 2020 12:27pm
Nice Sample Result at Lima with News Release this Morning
Two of eight samples from a miner trench contained +100g/t Au. (WOW... talk about potential) Another one contained 4.7 g/t and another one contained 0.09 g/t. The remaining four samples contained less
...more
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