VALE - Voisey Bay - Mine Nickel in Labrador and process in ( New Foundland )
Remote operations.
Voisey Bay expansion will extend the life
of the operation until at least 2032 That's not too far away - 2032.
VALE Sudbury - Vale's proven and probable mineral reserves in the Sudbury basin have
dwindled from more than 100 million tonnes in 2011 to 50 million tonnes in 2020. GLENCORE - New Caledonia Sep 27, 2023 — Mining and trading giant Glencore is to stop financing
a lossmaking nickel mine in New Caledonia RIO TINTO - Fortune Minerals Rio Tinto
signs MOU -
https://www.stockwatch.com/News/Item/Z-C!FT-3461510/C/FT
Nickel Creek Platinum's resources
are far larger in scale then, Fortune Minerals.
Not to mention, Nickel Creek's - 17.5 km potential expansion.
Shareholder's Hurdle ? Stew shouldn't have filed that PFS.
Stew use to work for - Vale - along with a few other's @ NCP.
Stew forgot his promised Rhodium.
Stew.... did you do your research on, Wellgreen ?
Chasing thin westerly intercepts vs 700m Far east intercepts.
Vale SA stock price CDN
$13.35
Vale - number of shares outstanding as of October 2023 :
4,453,110,000. Since Vale has considerble shares outstanding...
What's another
187 mil shares...? Tease.
If any major took over Shaw Project... They'd certainly not make a - cheap nickel concentrate -
They'd make a
ferronickel pellet / briquette / carhode. 2023 ferronickel pellet US $13,700.00 / Ton https://juguometal.en.made-in-china.com/product/BdifYVWlncre/China-Iron-Nickel-25-31-Ferro-Nickel-25-31-.html
What did Wellgreen's 2015 PEA fetch per concentrate tonne ? $38 / t usd ( cheap concentrate ).
Versus.... Significant upside for Nickel miners who partially refine the
nickel and iron inwhich a manufacturer simply has to, melt.
Which is all the more reason to
fix our, PFS -
Not many nickel projects in, Canada.
One could count them on one hand.
Do excuse the few prez pokes...
lol
Wellgreen... is an amazing project.
But.... poorly assembled, marketed, advertised.
Flying under the radar.... grossly undervalued.
Cheers....