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FPX Nickel Corp. V.FPX

Alternate Symbol(s):  FPOCF

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.


TSXV:FPX - Post by User

Comment by Sasha11on May 17, 2022 12:42pm
142 Views
Post# 34689529

RE:RE:RE:RE:Sorry Dudes

RE:RE:RE:RE:Sorry DudesNice try a head grade of O.14% with 90% recovery (very optimistic) = 0.125% Ni and after all those processing steps you listed no way anyone is going to take a chance on that for a billion dollar investment.  GIGA is the same story although they have slightly higher grade and I think at least they have moved on.  CNC maybe has a chance, more double the grade, in sulphides, and at least they put out a PEA albeit mediocre economics with specualative assumptions.
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