Ceo Says We Just Getting Warmed Up . Martin Valuation Jari Paakki, CEO commented, "The story is just beginning for Gungnir at Lappvattnet where we are having early success expanding nickel mineralization, including both high-grade and wide-grade nickel intercepts, with only 1,300 metres of drilling which tested just a small fraction of the deposit. We have yet to test depth extent, which is largely unexplored, and the remaining 80% of the Lappvattnet deposit along strike to the east where prior drilling decreased considerably. And we have yet to drill a hole into our other Swedish nickel asset, Rormyrberget."(Quote ) Yup then we have a very conservative valuation while the CEO is saying an EXPANDED Ressource . Read on . Here Is That Conservative Valuation Tks Martin
martindale (186)
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September 15, 2021 - 02:08 PM
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Post# 33862801
177 million LB of nickel Known.
Just to give an idea of the value for this stock.. the known value for the amount of nickel we know we have is @ $9 per LB (rounding the price as it has been fluxuating between $8.70 ish and $9.30 ish presently as of sept 13 $8.96 per LB) is $1,500,000,000.00 yes $1.5 billion ish... you can do the math from there.. 84 million shares ... once GUG proves up more how many $ do you think this company is worth? JMO GLTA Invested! (Quote) One last thing. We are EXPANDING the resource says CEO from yup Read on . (Quote ) Gungnir's nickel resources in Sweden include Lappvattnet and Rormyrberget. In 2020, the Company updated both resources which collectively total 177 million pounds of nickel (see Technical Report with an effective date of November 17, 2020)