RE:really Yes the stock was halted on Aug. 23, 2013 and then NAN released news & then traded 5.5M shares on visual announcment of solid to near solid sulphides.
Sulphide Mineralization
Consists of monoclinic pyrrhotite, pentlandite, chalcopyrite and pyrite.
Often coarse-grained.
Likely to produce a clean concentrate.
Inclusion-bearing sulphide (i.e. solid sulphide matrix with fragments of host rock) is a common texture.
Disseminated, blebby, net texture and vein sulphides are also common.
Nickel Tenor / The Nickel Calculator
Nickel tenor is the amount of nickel in pure sulphide and it tends to be consistent on a deposit scale.
Falconbridge studied core from 119 drill holes around the entire 75km Greenland Norite Belt.
The norite hosted sulphides have a remarkably consistent nickel tenor of 6 to 8% Ni recalculated to 100% sulphide.
S