RE:So what is the present state of play?
broadbill wrote: 1. Geophys news next week I think
2. Assays the week after.....I think
Mgement are confident - there is no question in my mind.
Unless I am totally misinterpreting the story, it is only improving.
Mkt cap: insane
Bb
Yes the market cap is insanely low for Fathom Nickel given the huge potential of both properties. I think the recent weakness is almost over now. A few guys sold off their flow through shares as they always do for the tax advantage in Canada. Those shares are now in stronger hands so the stock should soon head back up.
Ian Fraser did seem really confident during the recent interview that the upcoming assays will be positive. I think he said we should see them in early November.
I still think Fathom Nickel will surprise a lot of people this winter. Lots of great targets which have been confirmed with modern day geophysics so there is a high probability of making a world class nickel discovery in my opinion.