OTCQX:BALMF - Post by User
Post by
AlternativeViewon Jan 29, 2019 1:55am
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Post# 29291028
Looking For A Nickel Company That Is Not BS?
Looking For A Nickel Company That Is Not BS?Do yourself a favour and take a look at FPX. The run-up today could be a bit early, as I don't expect any PR until early March, in time for PDAC.
The Baptiste depsosit is not BS. It is real, huge, economic at today's prices, and will produce a very high grade concentrate, likely 50%+ nickel that does not need any roasting or smelting. And there is a good chance the concentrate can be easily leached to cook up NiSO4 for battery production. This would be a paradigm breaking development, by-passing Class 1 nickel completely.
NB: I recently bough back into BAR, as I think it might be a bit too early to write Darrin off. BAR is speculative, where FPX is not speculative infofar as their Baptiste deposit. What is speculative about FPX is that they have Van, a second, undrilled, huge target about 5 miles from Baptiste, also in the Decar nickel district.