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Bullboard - Stock Discussion Forum Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Metals & Mining Industrial Metals & Minerals
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... see more

TSXV:GUG - Post Discussion

Gungnir Resources Inc > Global nickel inventories have been falling since June 2021
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Post by CrazyProphet on Mar 02, 2022 9:17pm

Global nickel inventories have been falling since June 2021

Given the current price/inventory situation, I would expect nickel metal prices to be c.50% higher than they already are. 
If nickel exchange inventories continue to fall then prices should move materially higher, and fast. It’s not unrealistic, in my view, that battery grade nickel prices could double from current levels.
Comment by AlIIIIIIInMates on Mar 03, 2022 9:51am
This post has been removed in accordance with Community Policy
Comment by CrazyProphet on Mar 04, 2022 7:56am
Just the start of a long sustained move higher !  A lot of demand coming and not a lot of Euro Nickel juniors sounds like a recipe for success !!!
Gungnir Resources Inc