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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by goldhunter11on Mar 13, 2019 12:18pm
202 Views
Post# 29479274

Transcript of Polly Interview with Mark Selby

Transcript of Polly Interview with Mark SelbyPierre has provided a transcript of the above interview, attached below for info.
At the middle of the page (3:31 into the video) Pierre has a blank spot (underlined in the quote below). The underlined portion  should read "with Robert Friedland", another billionaire, a mining explorer and promoter guru, who discovered Voisey's Bay, Oyu Tolgoi, and some Cu and Platinum large deposits in Africa.
GH11
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"I was at a panel Rober C. […] he said nickel is the new gasoline"

https://www.youtube.com/watch?v=HHAJUGA8Rck
 
@PierreG01599501 I transcribed an excerpt of the very good Mark Selby interview with Proactive Investors at the PDAC in Toronto, published on March 6th 2019: Mark Selby: «We are at Beta Hunt right now, which was back in September the site of the Fathers Day Vein discovery, when we pulled out 25000 ounces from the size of a living room […] of gold […] This was the largest, richest discovery of high grade gold in a very, very long time. With that money we’ve now been able to fully fund a 40,000 metre drilling campaign. We have had our first two releases from these drilling results that we are very, very happy with what we have seen so far. We have basically 3 main objectives, Western Flanks, the key there is to build a big large resource and so, with some higher grade components, so we’re very happy with 30 m. of 3+ gr. with 5, 8, 10 m. of 4,5+ gr. material. At our A Zone again extending it and its been better actually in terms of grade and thickness than we were expecting. What we are most excited about is we’ve intersected some more high grade gold on a different shear. We hit it on our A Zone in the Fathers Day vein, we’ve now repeated this coarse gold discovery with a 7600 gr. per ton intersection, which is the highest grade intersection since 2017 on our Western Flank Zone. In our latest release we hit 2200 gr. per ton intersection. With the drilling that is ongoing right now, we’ll have a resource update at the end of Q2. Given that EV story getting more and more momentum, the Dumont Nickel Cobalt project, is basically we’re just updating the feasibility study, which was done back in 2013, we expect to have that complete sometime during Q2. So, the timing for this asset is coming along quite nicely. Fundamentally right now, our stock is really value off of Beta Hunt, but for investors you basically get exposure to the largest undeveloped nickel and cobalt reserve in the world as option value right now. We look to unlock that value for shareholders. The key here is Beta Hunt, unlocking exploration potential when we bought the asset 3 years ago, it was always the goal to do that and we now have the cash from the Fathers Day vein to be able to make that happen and we are very, very happy with the drilling results we are seeing so far. Then again now with Dumont we are coming in to this tremendous EV story, again for shareholders today, it’s a free option and with our partner Waterton, we will unlock that value for shareholders. I was at a panel Rober C. […] he said nickel is the new gasoline and fundamentally you are seeing EV sales double over what they have, what they were last year and there is no inventory. You are going to see this continues growth and fundamentally nickel is the metal that you need most of in a battery, so it is a tremendous growth story for nickel. Cobalt cycle, again cobalt has always been a very cyclical metal so, it hit 50 it is down to 15 and it looks on its way back again, but at the end of the day Dumont is largely nickel and we are very focused on that. Structurally we think we are hitting one of those every 15 to 20 year periods, we see a vey strong super cycle in nickel. The feasibility study update on Dumont in the second quarter and we are going to see a steady flow of drilling results on Beta Hunt. With RNC you’ve got access to the most exciting, we think the most exciting gold discovery in many, many years located in a very low risk jurisdiction, right in the heart of the Western Australian gold country just outside Kalgoorlie with basically a free option on the largest undeveloped nickel cobalt reserve in the world. » https://www.youtube.com/watch?v=HHAJUGA8Rck+
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