Investorsnews wrote: Fundamental Research Corp. released a new report on Tartisan Nickel Corp. (CSE: TN / OTCQX: TTSRF) Expecting a Robust PEA Before the Year-End
TN’s shares are up 83% since we initiated coverage in October 2020.
A preliminary economic assessment (PEA) study is expected to be released before the year-end, which we believe will be the next major catalyst for TN’s shares.
We believe the current drill program has confirmed mineralization at depth. We believe the project has room for resource expansion, especially higher-grade mineralization at depth.
Intersected 25.6 m of 1.03% Ni and 0.41% Cu in one zone, and 6.3 m of 0.95% Ni and 0.38% Cu in another zone. These grades are significantly higher than the average grade of 0.6% Ni in the 2020 resource estimate.
Nickel prices are up 26% YoY to US$9/lb, amid rising demand for Electric Vehicles, a temporary supply crunch from the energy crisis, and lower inventory levels (down 41% YoY). We believe inflation, supply chain disruptions, and slow rate hikes will provide nearterm support to base metal prices.
Read the full report:
https://www.researchfrc.com/tartisan-nickel-corp-cse-tn-otcqx-ttsrf-expecting-a-robust-pea-before-the-year-end/ Read the full report here *FRC provides issuer paid coverage.
*Past performance is not indicative of future results.