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Nickelex Resource Corp V.NICK

Alternate Symbol(s):  NKLXF

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.


TSXV:NICK - Post by User

Post by mferguson71on Jan 29, 2021 8:23am
141 Views
Post# 32418345

Forward looking statements

Forward looking statementsI believe that with out any technical reports the exchanges has rules in effect to limit management to what they can and cant say. Therefore the disclaimers are in the forward looking statements. It would be really nice as the stock is starting to gain interest as a producer to have as much information available to do due diligence instead of website coming soon. The presentation is from October as well which could also be updated a a bit as well. I'm always impressed when I see presentations updated on the monthly basis on companies (Even if it is just the title) I believe one presentation that I saw their goal I believe was to produce 1000 ounces a month in the future. So when I ran my numbers I even used 500 ounces a month for production within the first year. My assumption is moving to 1000 would require some sort of production to come from Lima.
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