Post by
N3tPr0phet on Oct 20, 2021 11:39pm
Van Results
Given his typically reserved demeanour, Martin Turenne seemed pretty elated during his past couple interviews about the preliminary Van results. Moreover, his reluctance to mention any specific automobile manufacturer by name during his interview with MiningStockEducation makes me think it's quite likely that the company is in serious discussions with at least one of them.
The dead space in the middle of VAN-01 is a bit irritating, but not terrible. VAN-06 is probably going to come back good, given that they continued in that direction with VAN-07. I think that VAN-04 and VAN-07 are going to be key holes in determining the extent to which mineralization continues Northward.
Looking forward to the rest of these results in the coming weeks, as well as the metallurgical quantification of iron ore in the coming months. The NPV of Baptiste alone at a 9.50/lb nickel spot is ~2.8B USD. Potential double with Van. Speculative double with iron ore byproduct. At a current market cap of 100M CAD, this stock is a slumbering giant.