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Nickelex Resource Corp V.NICK

Alternate Symbol(s):  NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining districts and is underlain by rocks favourable for the discovery of both copper-gold porphyry deposits and high-grade gold quartz veins. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba. The four licenses are located 30 kilometers north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. Pilar Gold Inc. and Laiva Gold Inc. have operations in Brazil and Finland. Pilar Gold operates the Pilar gold mine in Brazil. Laiva Gold owns the Laiva gold mine and mill in Finland.


TSXV:NICK - Post by User

Bullboard Posts
Post by mferguson71on Oct 24, 2020 7:00pm
192 Views
Post# 31777413

Comparison of New Gold Producers.

Comparison of New Gold Producers.OTSO and ABI are a few names that I am starting to look at to compare VQA to. Both have significantly more market cap. 65 million for ABI who is producing gold. OTSO is looking to start production again and their market cap is 13 million as their stock is near lows. SCZ is a silver producer with a market cap of just over 70 million.. Their profit on my estimation is currently about 3.5 to 4 cents a share is q3 from my estimates. It will be slightly lower as they just did a pp and raised some $$. Hopefully it stays around 3 cents a share and trading in high 20s. Regardless market cap deeply under appreciated If and when we start pouring gold in Brazil Just looking for more names that would be about to produce within the next 6 months or started producing within the last year or smaller producers. Of course there are always variables from ounces to margins to size of deposits etc. The more dd I do the more I like the potential of VQA. Thanks in advance.
Bullboard Posts