Why I believe we could see 5-10$ this year!!!https://youtu.be/cxE45byy3sg
Different structural control in the nickel deposit, between lava flows and basalts.
At least 4 shear zones with fluids charging and finds a host rock where it can drop itself out.
Theory is "anywhere where these structures pass through the pyritic shale, there will be bonanza zones of enrichment". They have found 2 dots and if you connect them there is a potential to 20-30 000 ton ( 1 ton = 24 000 ounce found in last specimens).
With just 10!!!! 10 ounce per ton we still have 200-300 000 (ton) x 10 (ounces) x 1200 (gold price) = = 3.6 billion USD!!! just from these 200m!
https://www.stockhouse.com/news/press-releases/2018/09/24/high-grade-gold-structures-extended-by-200-meters-from-father-s-day-vein
If you believe in this model from the 4 structures we talk about 5-10km of these structures....
The revenues I calculated was from 200m, if we calculate 5-10km we talk about 25-50 times higher!!! 500 000 ton to 1 000 000 ton.
With that calculation we could see 3,6 billion x 25-50 = 90-180 billion USD!
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If this is not good enough for you
- We also have 50 million in cash just during September where 6 million came from warrants and rest from the gold found.
- One of the largest Nickel and Cobalt recources in the (look at this presentation) world file:///C:/Users/SEVM17954/Downloads/RNC+Corporate+Presentation+-+24-Sept-2018-DGG_FINAL1.pdf