Canada Nickel Company Inc V.CNC

Inco Grading 3.1% nickel .... “THIS IS A MINE”

[wawahunt2]

The Creighton Deep Project, a deep mine exploration program, has the potential to almost double the proven and probable reserves at Creighton from 17 million metric tons grading 3.1% nickel and 2.5% copper to up to 32 million metric tons grading 1.9 to 2.2% nickel and 2 to 2.3% copper.

CVRD has proven and probable reserves of 850 million metric tons grading 1.37% nickel and, the largest in the world, the Ontario deposits represent 17.8% of its total reserves, as reported on the Form 20F annual report for 2006 filed with the US Securities and Exchange Commission. 

In operation since 1901, Creighton has delivered a total of 173 million metric tons over its life with an average grade of 1.52% nickel and 1.22% of copper.

[EndZonefor7]

Your quote is from 2007 buddy. In 2004 they said there was 20 years left so the mine is just about dead.  "Production at Creighton Mine began in 1901, and as of August 2004 there was an estimated 20 years of reserves left."

[wawahunt2]

Your right it's an older 43101 ...but look at the Grades ...  I love the price run up ... but it's a few years from away maybe ten years from producing a pound of nickel..

[EndZonefor7]

But is it ethical and enviromentally friendly mining which is what Elon wants ? Nope. Is it the right grade of nickel for electric vehicle batteries ? Please show me.  Mark has made it clear a mine could be up and running by mid 2020's and a buyout is obviously the best scenario so who cares how long it takes. Keep drilling and proving up this monster and entire new nickel "