Nickelex Resource Corp NKLXF

Valterra uncovers more new veins at Livramento.

[OldGold]

They seem to be finding new veins very regularly, this one looks very nice. Like I have mentioned before, the mine was previously owned by a company that had no mining experience, it was a sideline for them. Now it is being run by a TSX listed company with extremely experienced geologists, such as Paulo, and managed by one of the best mine managers in Brazil, Richard, it will not take long for us to see the grounds true potential. As far as I know the plant is running, I have not heard any different, so they should be producing gold. I believe that they are also in a very strong financial position, but don’t quote me on that one. They must be in very good spirits, probably because they are starting to see results for the hard work put in so far, but the short video at the end is right from left field. Made me smile, that is for sure.
Valterra has a four odd million-dollar market cap, almost no debt, and a up and running mine that is in production, wow, so undervalued it is ridiculous. Never mind the other projects Valterra has like Swift Katie. More on that one later.   

[GoldenEra]

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[mferguson71]

In the one news release it started the amount of gold produced annually in the area was 250,000 ounces a year and had I think 17 different mines around he Lima property. If Lima was an "average" property it would have the potential to produce 1200 ounces a month. Grade results I would hope is one of the first results and updates for shareholders on their first gold pour. I would expect

[GoldenEra]

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[Goldenhope]

Interesting you mention K92 these are the same guys and not only this one but a mate of mine has pointed out that  they're into another Brazil Goldie PAV looks like they've managed to get gold of the old Troy mine and a lot of other leases i understand Anglo was sniffing around but these guys got it somehow and they're restarting it up  has a working plant and mine and some

[mferguson71]

Yup, if you look at the connections Richard Crew was the COO of Orinico Gold which took over after Troy. Jeremy Gray and Chancery Asset were involved as well back then. Looks like it is a matter of time before Pacific Arc Resources starts trading. Will be interesting to see what the share structure starts out at.