OTCPK:KRCLF - Post by User
Post by
Farquaron Mar 07, 2023 10:50am
218 Views
Post# 35323626
Krr at 36,200 tonnes of nickel...a little too slow
Krr at 36,200 tonnes of nickel...a little too slow
at proving up their nickel resource, imo..I would have expected a bigger increase than 8%....
Huet needs to be much more agressive in drilling out their nickel deposits...
36.2 k tonnes of nickel is not big enough yet to really move the needle, even though 36.2 k tonnes x 80% recovery x 25,000$US tonne = 900,000,000.00 $ cdn of potential gross revenue ( not net profit)..
It really looks like Krr is sand-bagging not only the nickel resource but also the gold one too...
Lunnon metals is a nickel conpany just 20 kms south of Beta Hunt, that just went public 20 months ago . They have discovered another 50,000 tonnes of nickel just in their first 18 months of drilling.. It went from about 30,000 tonnes to almost 80,000 tonnes....I don't know why Krr is moving so slowly but Huet needs to get his rear-end in gear..