Note To Management (cc To OWNERSHIP)The current scene for M and A in this country is a tough saloon.
As well, nickel price - now stable - is down almost 50% from its peak.
IPO activity last year is down 98% from each of the previous couple.
That is a paltry $200 million.
Yet, drilling results from both Magna and SPC have identified higher grades than are found in many other claims, GREEN AND BROWN, around the country.
Soooo..... management has done the best that could be expected with the money and resources available.
And NOTHING has been said about the sleeping giant up North. I speak of Muskox.
Finally, as a parameter, raising money may remain difficult in 2024 and MAYBE even 2025.
SPC's TO DO LIST;
1) Put together a valuation report using that TROVE OF DATA on Muskox.
2) Fulfill your goal of a Maiden Resource Estimate on West Graham.
3) Put SPC together with Magna.
We have all seen, and some have analysed, what went down last week at Canada Nickel.
SPC needs critical economic mass to attract CAPITAL.
Comments and questions are welcome.
DYODD JMHO