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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

Comment by woundedkneeon Mar 21, 2022 6:10am
41 Views
Post# 34530533

RE:RE:We have connected with a very solid outfit !

RE:RE:We have connected with a very solid outfit !Ga1ition, thanks for your post....Investors remain positive on a number of stocks in which they are "underwater". I would imagine even Warren Buffet has been(and still is) in that underwater position many times. So that part of your argument is weak.. As for the reference by posters citing the  Musk and Northvolt involvement, this has been and is still highly speculative, but again, very possible if nickel grades prove to be commercially viable. That scenario will definitly be a driver of the stock in the future. As to the initial "paltry" investment by Altius, this may well have been the decision of management so as not to over dilute. Keep in mind as well, that these funds, although small, are all non-brokered. A wise decision in my opinion. Remember too, Altius did sign a royalty agreement invoving a much higher dollar figure. Finally, I see that the early L2 indicates a lower opening which should come as no surprise. But again this is very early. As always, what I post is only my opinion.
WK
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