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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

Comment by mferguson71on Nov 06, 2020 11:16pm
116 Views
Post# 31856710

RE:RE:RE:RE:Valterra Livramento Mine to start extracting ore today.

RE:RE:RE:RE:Valterra Livramento Mine to start extracting ore today. 100% agree oldgold. You and I and probably every investor grows in confidence seeing the videos. I was having trouble trying to find producers that produced small amounts of gold. Fiore Gold produced just over 12000 ounces In q3. If we can do 12000 a year just take their market cap of 158 million and divide it by 4 gives you 39.5 million. Current market cap is 3.81 million with a little further dilution (hopefully goes into other land agreements in the area). Point I'm trying to make is a 10x bagger should be very realistic. 5 bagger is conservative side with 500 ounces a month. And the big potential remains to be seen on future size of deposits ( and other acquisitions). To speculate on where it is going to go after a 1000 ounces a month would be a shot in the dark. I'm not that smart but I even do already like the sounds of 5x and 10x.
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