RE:Zero insider sells today . Because things are still looking as good as they did a week ago. Even better really. Seeing more proof that the "nickel tenor is at the high end of the estimated range" is very good news.
The news release this week said:
"Dr. Peter Lightfoot, one of the world's leading nickel sulphide experts and a technical adviser to Garibaldi, commented: "The high nickel grade of the assayed massive sulphide intercept in hole #4, combined with other assays as well as XRF analysis of sulphide mineralization in multiple holes, supports a Nickel Mountain nickel tenor that is at the high end of the estimated range as per Garibaldi's November 10, 2016, news release."
"Dr. Lightfoot continued, "In addition, the displacement of massive sulphides into the host rocks, a feature at Noril'sk, is intriguing and speaks to the important process of sulphide concentration into country rocks."
The Nov 10/16 news release said:
"When considering the sulphide assemblage present at the E&L, the above assay results are extremely encouraging for high tenors wherever sulphides may have accumulated at the property. Using Kerr's (2003) guidelines, samples in the above assay table with greater than 10% S content indicate a calculated range for the E&L of 4.8% to 8.0% Ni and 2.1%to 10.9% Cu in 100% sulphide."