RE:RE:RE:RE:RE:RE:RE:RE:What we already know (and hope)I was going to take a bit more time to dig up some examples, but first things first. BEWARE GEOPHYSICS. The second point being, "Review the first point".
The Olympic Dam deposit was a geophysical target that extends from 350 m below surface to >1,000 m below surface. The thing has legs. On the otherhand, Polaris as a lead zinc deposit sits on a gravity anomaly 10 times bigge than the deposit, and it can't be explained.
OD, like Nico is zoned with (gold-rich, uranium-rich, copper-rich domains). Fortune has found a niche deposit, but there could be something more conventional.
Nico is wide open for exploration, and could double, triple, or more in size easily. It may have some copper-rich domains that would attract the classic senior mining teams, not that what it has isn't bad at all.
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Robin, Carl, and others have invested their lives in this project. Yes, they could continue to make it bigger and then get bought out. This is a plan that works very well for most juniors, but you never get value for the undiscovered lands. Fortune knows that this is huge, but when you look at what has been invested, would you really put another $100 million in to double the size?
Except for the largets companies in the world, no one has started a mine in the NWT in almost 45 years. Ever wonder why?