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Balmoral Resources Ltd BALMF

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.


OTCQX:BALMF - Post by User

Post by Chaulkduston Nov 21, 2017 11:38am
102 Views
Post# 27003836

GGI vs BAR - Nickel Sulfide

GGI vs BAR - Nickel Sulfide
Channey, how would you compare GGi’s find (so far) against Grasset, both Nickel Sulfides? Perhaps it’s too early to tell since they obviously have a lot more drilling to do for a RE. What is interesting is that GGI traded for 5 years in a .08-.15 range. Then in June it went from .15 to now 3.45 in a 5 month period! On what News – Nickel? They made it sound like they found a mountain full of high grade Nickel Sulfide, good marketing on their part even if it’s yet to be proven.
I was looking for some video on the recent Gold and Silver Summit but couldn’t locate anything(perhaps to early). Did run across some older material – thought I’d toss it out for folks that might have missed seeing  these .
https://www.youtube.com/watch?v=DhyIW2wa18g&feature=youtu.be&t=880
Nickel  (22/03/16): John Foulkes
SMI (22/06/17) : Darin Wagner
https://www.youtube.com/watch?v=kiZoIG4f4M0
Nickel Laterites: Low grade, bulk-tonnage deposits that make up 62.4% of current production. Nickel Sulfides: Higher grade, but rarer deposits that make up 37.5% of current production. Many laterite deposits are used to produce nickel pig iron and ferronickel, which are cheap inputs to make Chinese stainless steel. Meanwhile, nickel sulfide deposits are used to make nickel metal as well as nickel sulfate. The latter salt, nickel sulfate, is what’s used primarily for electroplating and lithium-ion cathode material, and less than 10% of nickel supply is in sulfate form.
https://www.visualcapitalist.com/nickel-secret-driver-battery-revolution/
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