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Nord Precious Metals Mining Inc V.NTH

Alternate Symbol(s):  CCWOF

Nord Precious Metals Mining Inc. is a precious metal and battery metals junior mining company. The Company's business activities are the acquisition, evaluation, exploration and development of mineral properties. Its projects include Castle Silver Mine Project, Castle East Property, Beaver Property and Eby-Otto Property. The Castle Silver Mine Project is located in the Haultain and Nicol townships of Ontario. It holds a 100% interest in the Beaver and Violet cobalt and silver properties located in the township of Coleman, in northern Ontario. The Eby-Otto Property is a prospective land package of approximately 1,000 hectares in the Kirkland Lake Gold camp located on the prolific Larder Lake Cadillac Break. It also has over 14 battery metals properties in Northern Quebec where it has completed a nearly 16,000-metre drill program on the Graal property and two 1,000- hectare Eby-Otto gold property close to Agnico Eagle's Macassa Mine near Kirkland Lake.


TSXV:NTH - Post by User

Post by PaulTidlySron Mar 11, 2019 10:23am
159 Views
Post# 29467461

CO pricing to fall further

CO pricing to fall furtherHaven't been following Cobalt prices of late but just received an email from the London Metals Exchange. Cobalt pricing has fallen 50% in just under one year.  No disputing this fact my friends.  In 2018 CCW could have fetched 64K US per tonne.  Today the bid is 32K US per tonne.  Perhaps that explains why CCW has been unable to attract financing for the GGM mill and why the share price has fallen and why assay results have been delayed.  I guess only Frank knows but battery makers must be licking their chops at such a massive drop in their raw material pricing.  Maybe I'll invest in a battery maker.  lol
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