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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.


TSXV:NICK - Post by User

Comment by mferguson71on Nov 06, 2020 11:16pm
97 Views
Post# 31856710

RE:RE:RE:RE:Valterra Livramento Mine to start extracting ore today.

RE:RE:RE:RE:Valterra Livramento Mine to start extracting ore today. 100% agree oldgold. You and I and probably every investor grows in confidence seeing the videos. I was having trouble trying to find producers that produced small amounts of gold. Fiore Gold produced just over 12000 ounces In q3. If we can do 12000 a year just take their market cap of 158 million and divide it by 4 gives you 39.5 million. Current market cap is 3.81 million with a little further dilution (hopefully goes into other land agreements in the area). Point I'm trying to make is a 10x bagger should be very realistic. 5 bagger is conservative side with 500 ounces a month. And the big potential remains to be seen on future size of deposits ( and other acquisitions). To speculate on where it is going to go after a 1000 ounces a month would be a shot in the dark. I'm not that smart but I even do already like the sounds of 5x and 10x.
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