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Grid Battery Metals Inc. V.NICL


Primary Symbol: V.CELL Alternate Symbol(s):  EVKRF

Grid Battery Metals Inc. is a Canada-based exploration company. The Company focuses on exploration for high-value battery metals required for the electric vehicle (EV) market. The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. The property neighbours Surge Battery Metals’ Nevada North project, which has reported results of up to 5,120 ppm. Grid Battery’s other Nevada lithium projects are Clayton Valley Lithium Project and Volt Canyon Lithium Property. Respectively, the Company owns a 100% interest in 113 lithium claims covering 640 hectares in Clayton Valley and 80 lithium claims covering 635 hectares in Monitor Valley.


TSXV:CELL - Post by User

Post by mrmomoon Feb 08, 2022 12:05pm
201 Views
Post# 34408927

Some hint of hope?

Some hint of hope?This investment has been pretty much dead in the water for almost a year now. Seems mgmt is either not interested in moving their projects along or don't have the money to do so or are waiting for an opportunistic time to restart their pump. Which ever it is, they better get their heads screwed on right & their butts moving asap because as most of their peers continue to develope their own properties and move the company forward, this prolonged pause or hibernation by NICL mgmt will only leave the company futher behind everyone else. At some point, there will be no point of return for anyone involved with Nickel Rock, whether mgmt or s/h.

With this depressing & bleak assessment out of the way, i offer the following which may give some s/h here some glimmer of hope things MIGHT eventually improve. Nickel Rock neighbor and its lithium peer, has recently announced a very interesting financial developement with regards to their Nevada lithium assets. Link below. Which are in very close proximity to Nickel Rocks properties. At the very least, on the ability for small companies to finance their projects, there is some light at the end of that tunnel.....and options. Here's to a better year than we had in 2021.

https://ca.finance.yahoo.com/news/noram-lithium-announces-binding-loi-200000817.html

GLTA
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