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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a mineral exploration company with base metal and gold permits in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften project which hosts a developing intrusion-hosted gold system, and VMS (zinc-copper) and copper-nickel targets. It also has Hemberget property to its Swedish property portfolio, a greenfield copper-nickel target. The Knaften project is situated at the south end of a regional structure known as the Gold Line or Knaften-Barsele Arc located within a prolific VMS region including the Skellefte Belt and VMS belts in Finland. The Lappvattnet and Rormyrberget nickel deposits are located in the eastern part of the Vasterbotten District, 60 kilometers (km) and 100 km respectively east of the Company’s Knaften gold exploration project. The Hemberget is located approximately six km north of Gungnir’s Knaften project within the broader Gold Line


TSXV:GUG - Post by User

Post by woundedkneeon Sep 10, 2021 7:38am
56 Views
Post# 33838719

Wow!

Wow!
I tuned out 30 minutes or so before the market close and just this moment had a look at our close. A number of investors get lucky when it comes to stock picking. And of course there are the pros who make a living in the market. But there are also those retailers (and I count myself as one of these) that have been around long enough to know the value of certain companies. As in Gungnir's case I was in this years ago and left, but most importantly did not leave this off my radar. When this company's share price tanked nearly three years ago from the mid thirties, I remember the CEO being a little pissed. Saying that GUG had too many prospects to deserve this. I guess at that time it was the gold prospects that didn't live up to the hype. Again, just speculating. That was October of 2018. The first indication of nickel was approximately two years later, in July of 2020. I would encourage all of you to read Gungnir's past Press releases starting in 2018 or earlier to learn the history of this company. It was all about gold (WHICH HASN'T GONE AWAY, BY A LONG SHOT) until last year or so, and now, lo and behold, it is all about nickel.
One still must be cautious, but, if as Goldy has overstated time and time again, continued high quality drill results could propel this stock into "uncharted territory". There will be profit taking..there always is. JMO  gl
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