GREY:RNKLF - Post by User
Post by
factRbeston Nov 27, 2017 9:09am
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Post# 27036407
Now the bad news
Now the bad newsAnd of course something I warned about.
From the release.
Shelby subtly letting everyone know
Dumont Nickel Project Overview1
Dumont is the fifth largest nickel sulphide discovery ever and one of the largest cobalt reserves outside Africa. It is one of the few nickel projects that can potentially deliver nickel and cobalt to market by 2020 to meet the growing needs of the electric vehicle market. Dumont proven and probable reserves consist of 1.18 billion tonnes of ore containing 3.15 million tonnes of nickel (6.9 billion pounds) and 126,000 tonnes (278 million pounds) of cobalt2. RNC has a 50% interest in a nickel joint venture (with Waterton) that owns the Dumont Nickel Project in the Abitibi region of Quebec.
Geez I thought the the JV company owned Dumont and RNC ownedhalf the JV company.